Why Youengine (YOUC) failed

[peterpanda]

At first I thought that YOUC will be a great project in this year. After distribution of bounty rewards, it is still decreasing and losing its value. Team work is needed to developed a better environment for it.

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[masphie]

come on man..... ok, I'm not talking about their program here, but let's see how many markets have YOUC entered ?
If they are not serious about running their scheduled programs, they will not include YOUC in some markets.
If bounty hunters are driving YOUC's price down, take a look at the big markets .... maybe 75% of coins do the same.
I think you are too early to talk about the YOUC project failing. They have a program schedule, we better wait for the next schedule and will the YOUC team do it well?

[ahyadinnn]

At first I thought that YOUC will be a great project in this year. After distribution of bounty rewards, it is still decreasing and losing its value. Team work is needed to developed a better environment for it.

Not only are teamwork needed, but they have to register on an even better exchange, so that their coin volume increases, if like this the price of their coins will decrease due to small volume, a strategy is needed so that investors are interested in buying Youc, I'm still waiting for good news from them

[Apostlekin$$$]

Stop judging this project because they paid bounty hunters and price dumped, this isn't the end, bounty hunters have the right to sell their tokens for money but I believe the price will still recover because the team are serious people, they have few upcoming use cases that's yet to be launched.

[republicrypto]

this project not failed yet my friend, its to early to talk about that
we need more time to judge if this project failed or not,, because Youengine still developing their project
if they stopped, maybe failed is the right word
regards

[Princejebs]

This should serve example to other projects on this forum that are built on hype. They run Bounty for months in 4 rounds, who does that? If McAfee (con influencer, that's how he left Ghost projects) is really behind that project or part of the team, I dont see the need why they promote the project for months.

They even listed the token on an exchange, it was trading on low volume yet they still went ahead to conduct IEO on scam exchanges, p2pb2b was among the exchange and we are all aware how shady this exchange is.

They later blame Bounty hunters for dumping the price If I was one, I will sell them too. There is no point in holding shitcoin.

[chanler]

You are too early claiming that YOUC is failed. We cannot judge a project is fail only based on the low price of its token on the market. The price of YOUC is totally determined by supply-demand. While in the current situation, supply is higher than demand, so the price is instantly decreasing. It is normal since too many tokens paid to the bounty hunters. In my opinion, just hold the tokens and wait till the supply is increasing. Maybe the next listing place of YOUC is a big exchange, so the demand will increase gradually.

[totoy4741]

I was actually expecting high for this project at first, they are going to be listed in bitforex, then after some weeks several exchanges came out like uniswap which added to the hype only to find out that the community is the one to add liquidity which I believe is way bullcrap, how can you rely to community to put liquidity in a project with so much uncertainty..

[Greatdev]

I was actually expecting high for this project at first, they are going to be listed in bitforex, then after some weeks several exchanges came out like uniswap which added to the hype only to find out that the community is the one to add liquidity which I believe is way bullcrap, how can you rely to community to put liquidity in a project with so much uncertainty..

Bitforex isn't different from p2pb2b exchange, the exchange still lacks good volume, YOUC is listed on uniswap like you said but lack of volume is making the dex useless for trading, there is always a first time for everything, Youengine team are new to crypto that's why they made the mistake with listing on small exchanges

[ostrogoto2012]

In my opinion it is too early to judge the Youc project because this project is still new and anything can happen in the next 3 or 4 months. But the thing that stands out the most and can make a dump happen is
1. They only list on a small exchange
2. They have too much of a total supply and don't burn unsold tokens
If they want to have a better price then they have to list on the top exchange and burn the token

this is point must be concern for developers team to recovery price. listing in big exchange will add investor's confidence to buy , they dont worry about trading volume to put buy or sell order.  burning token also be good way to recovery price , but we have to remember if token could not used in ecosystem it will useless.

Not many can afford to list their tokens in bigger exchanges.
That's why they are settling in small to medium exchanges.
Now, with Youengine, even if they have strong team, it is the actual use case that will determine their fate.
Will it attract users in the long run? Are they going to get good number of advertisers?

Agree with you mate,let's see in January 2021, there will be the development of a dapp, I personally after the many disappointments I do not want to convince anyone if youengine will be a good project, we will see if from January as they say the new dapp will be ready, if they keep their promises it will be a good start.

[Shakil29]

Your idea is correct. YOUC token not added to any large exchanger. So there are less traders here. It would be good if you could add it to a big exchanger. However, they are trying hard to increase the price of tokens. I hope they will succeed and the project succeeds.

[Insomnia family]

it's too early to say that the YOUcash project failed. this project is still new and i also heard that the team will soon release a new dapp for this project in 2021. if so, then it is likely that this project will bring good results. let's just see what happens next. all hope this project will be profitable for both investors and bounty hunters.

[Fatemablabla]

I think one of the main reason is a large token supply. They also given 3million token for bounties which is massive. So, there is enough sell orders but no buy orders on the market. For that price is going down.

But their product is not launched yet. So, we can't tell anything yet. They have a good roadmap, if they follow it, Youengine will be a good project.

[princerepon]

I'm glad I don't end up promoting this bounty project, here are reasons why I don't join the bounty campaign.

1. They tend to use small exchanges for fund raising
2. The team lied that they don't need money, they claimed they are well funded and yet they use small exchanges
3. The project use case isn't a new idea, infact they have too many competitors
4. Upon aiming for small exchanges to raise fund they are giving up too high allocation for bounty hunters, meaning they have no experience about crypto space and their exchanges
5. John mcafee name was tagged to the project banner and they keep sharing it as if John McAfee is all they need to be successful when we know that he is a king of nonsense Hypes.

I agree with your every single points you gave. But at the end it's too early too judge a project i think. Of course everyone knows that this project try to sell their token biased on hype. Like 4 billon users or macafee name tag etc. But end of the day we all know only legit project will survive in this crypto planet. If project team management really want to stay crypto space for real then they have to re-write their plan and roadmap asap.

[olabiyijummy02]

Whatever the explanation there is I don't see that was a decent undertaking by any stretch of the imagination. This is on the grounds that they are utilizing john MacAfee's name yet when you attempt to explore the said individual doesn't in any event, offering official expression about the task and that left me think why on the off chance that he advocates the cryptographic money for what reason does he not making some commotion about it. Possibly he doesn't think about this venture and that is the reason I was not persuade that the undertaking would be fruitful.

[VIP BTC]

I'm glad I don't end up promoting this bounty project, here are reasons why I don't join the bounty campaign.

1. They tend to use small exchanges for fund raising
2. The team lied that they don't need money, they claimed they are well funded and yet they use small exchanges
3. The project use case isn't a new idea, infact they have too many competitors
4. Upon aiming for small exchanges to raise fund they are giving up too high allocation for bounty hunters, meaning they have no experience about crypto space and their exchanges
5. John mcafee name was tagged to the project banner and they keep sharing it as if John McAfee is all they need to be successful when we know that he is a king of nonsense Hypes.

Usually people regret after joined the campaign but the token has no exchange or the price on the exchange is low. You look weird, don't join the campaign, don't have a token, but question the exchanges they list.

[bittick]

I think one of the main reason is a large token supply. They also given 3million token for bounties which is massive. So, there is enough sell orders but no buy orders on the market. For that price is going down.

But their product is not launched yet. So, we can't tell anything yet. They have a good roadmap, if they follow it, Youengine will be a good project.

Large total supply didn't matter so much as long as there are enough volumes in the market. The problem is only on its daily trade. You must also see a big spread between the sell and buy orders.
that means the volume is so low and it can't eat a big portion of coins at once.
That's why the price plunged after the distribution of the bounty coins.
this is always happening with small project and we can't argue it caused by we have known the reason.

[MCobian]

I am also happy not to invest in the Youengine project, which in my view is a failed project. In fact, the price continues to fall if you look
at the trading chart, moreover, Youengine is only listing on a few exchanges with low quality. It is difficult to get Youengine to attract large
investors if they use low quality exchanges, therefore Youengine failed to do fundraising. This is a lesson for all of us to be more selective
in choosing projects.

[arufox]

I am also happy not to invest in the Youengine project, which in my view is a failed project. In fact, the price continues to fall if you look
at the trading chart, moreover, Youengine is only listing on a few exchanges with low quality. It is difficult to get Youengine to attract large
investors if they use low quality exchanges, therefore Youengine failed to do fundraising. This is a lesson for all of us to be more selective
in choosing projects.

If investors learn more about the allocation and token total supply they will know that this coin cannot survive in the market. Allocation for bounty campaign, the price of token, the total supply does not make sense. I don't know how much  the youengine team raise during the fundraiser but they only listed in low quality exchanges that means they only get less funds

[gabbie2010]

I'm glad I don't end up promoting this bounty project, here are reasons why I don't join the bounty campaign.

1. They tend to use small exchanges for fund raising
2. The team lied that they don't need money, they claimed they are well funded and yet they use small exchanges
3. The project use case isn't a new idea, infact they have too many competitors
4. Upon aiming for small exchanges to raise fund they are giving up too high allocation for bounty hunters, meaning they have no experience about crypto space and their exchanges
5. John mcafee name was tagged to the project banner and they keep sharing it as if John McAfee is all they need to be successful when we know that he is a king of nonsense Hypes.

I agree with your every single points you gave. But at the end it's too early too judge a project i think. Of course everyone knows that this project try to sell their token biased on hype. Like 4 billon users or macafee name tag etc. But end of the day we all know only legit project will survive in this crypto planet. If project team management really want to stay crypto space for real then they have to re-write their plan and roadmap asap.

Its quite unfortunate that YOUC token will dumped to the extent that no buyer is demanding for it, this project received a massive promotions, they did bounty campaigns up to 4 rounds, just to give the project a massive advertisement, I once participated in their campaign,  thinking that the project will be one of best  the project team should have listed YOUC token in a popular and reputable exchange,  and locked some of the tokens.
I am  very sure that dropped in its price will be attributed to bounty hunters, the usual stories of any dump in a token, investors wouldn't be blamed likewise the project team.