Why Youengine (YOUC) failed

[lifeOK]

I don’t want to call the project a failure right now. Their big problem is that their token supply is too high; Besides, the few exchanges they have listed are all small quality exchanges. I heard they have big plans ahead for the project, they will list the tokens on a few big exchanges. So I believe the project will not fail, it will be better in the future. Let's all be patient.

Exactly, it's very early to call Youengine (YOUC) failed, there lots of development are coming. I'm holding up until their application launch as well announcement of big exchange listing. I think YOUC has a great future, their solid team will be able to execute all the thoughts of this project and achieve success in the long haul.

[Pithaxz]

It's sad that YOUC went through a difficult path, but I think they still have a chance to come back because it's too early and I know the hunters will throw away the tokens and they won't care about the project because they work only for profit but after the disposal Period ends it can gradually recover and Developers can buy back tokens to keep them alive and active. and I think this is not about the dump after the distribution of the bounty but the problem is liquidity in the market.

[Kang TB]

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.

maybe you are right ? but how much tokens in circulations now ? and how much the basic price from this project at IEO stage
and i agree with you, if we can't tell anything now, because its too early to judge youengine as failed project

[Gotumoot]

The price of Youengine starts to fall when they started to give the bounty rewards so for me the bounty hunters earn from the project.
And we can't say that it is the end of it maybe they could recover from the huge price drop.

[smyslov]

The price of Youengine starts to fall when they started to give the bounty rewards so for me the bounty hunters earn from the project.
And we can't say that it is the end of it maybe they could recover from the huge price drop.

The team should implement a buyback, the price is so cheap now compared to its sales price I wonder why this project is not attracting whales, the current price of the token has a huge potential for profit, I hope the development team is dedicated to the development of their platform so those who are holding and buying their coin will make huge profit in the future.

[DDante]

The distribution is over and I noticed some large buy order on exchanges, I'm guessing the team are buying back the tokens right now, it's possible that this token will recover after all, I will definitely hold some % of my rewards and see what happens, now that the market is bullish anything is possible.

[Renampun]

I have several YOUCs but I am not that disappointed with the price listed...
YOUC has dropped -90% when hunter rewards are slowly divided. Since the beginning, I have convinced myself not to be disappointed with the possibility of YOUC prices when the rewards are shared. btw, I'm still a little sure YOUC's price will be good in the next few months.

[Tomcolor]

Last seen YOUC price dropped -90% with volume failed lot of. Anyway there has two good popular exchange but project development still failed for rising price. There have been lor of supply with huge rewards for bounty hunter so I can't see any good future for this token. I don't called this project death but there need big volume if they want alive.

[Baimovic]

I think someone has gotten carried away with the investment hype based on John mcafee, who would have thought that it turned out that there was word that John mcafee had made a fortune on the YOUcash project. When this project first appeared I was very tempted by the twaran and what they presented to the public. I took a little part in it, but who knows in the future this project will be profitable. For now I think it's better to hold back than to sell cheaply.

[MishaSER]

I have several YOUCs but I am not that disappointed with the price listed...
YOUC has dropped -90% when hunter rewards are slowly divided. Since the beginning, I have convinced myself not to be disappointed with the possibility of YOUC prices when the rewards are shared. btw, I'm still a little sure YOUC's price will be good in the next few months.

I think the price of the token was overpriced. 11,000,000,000 tokens at a price of 0.05 usd, you get 550,000,000 usd, this project with such a price should get into the top 40 on coinmarketcap. It's almost impossible)))

[kingzpro]

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.

It is too early to call youengine as a failed project.
The team and company behind the project is a solid one with years of experience and success.
I believe they are working to develop the best platform for the users and supporters.
I do have reservations about large total supply of 11 billion tokens because such a large supply sound very old tokenomic model.
But i am sure the circulating supply would be much smaller.
I still trust the team and i would give them good 6 to 8 months before i would be judging them and their project.

[restuibu]

The team should implement a buyback

Buyback still requires funds and it is better to use the sales funds properly as project development, rather than using the funds I would rather agree if they burn tokens because their total supply is too crazy

[Nellayar]

3 million dollars will be distributed to bounty hunters, when I saw it on their bounty thread it was obviously not meant to be true. In my three years of existence in this forum, I never seen a campaign that is confident to announce the number of tokens they will allocate to bounty. They are obviously want some hypes because even the scammer Mcafee, is being advertised to their group. Listing in uniswap will never made them popular even the hype is on uniswap exchange nowadays. YOUC has no team listed on their thread and no other team being communicated in their telegram.

Now, will you invest if there are signs that we should not to invest in this project?

[Teraboy]

Its a very good think in crypto when you make a desision and you that its good in the end
Unfortenetly in the curent time there is many bounty hunters that just wast theire time in scam and bad projects without any gains

It looks like the price is quite stable on the 0.001 USDT rate. I didn't even think it could go even lower than the current rate. The traders who have been dumping this coin know what they must to do to make the hunters to sold their coins at a very cheap price. The same thing happened with 0xcash but it was slowly increasing again.
I will expect the same thing will happen when all of bounty tokens sold out at very cheap price.

[erikoy]

This is just normal. In cryptocurrency crowdfunding acticity where most of the projects do rely on the gathered funds from the investors. If the project was not able to collect enough money for the project to be implemented then the result is that it is a failure. There are so many failure projects like in the ICO crowdfunding, so many lies from the team that has been making like the project is doing well when in fact it isn't until such investors will complain and all will gone for nothing but to move on.

[kolbalish]

They used a huge token supply for the bounty hunters which is not a good strategy. They can spend but not so much as they did. As a result, they got hunters and fake hype for their huge bounty support failed to get volume on the exchange. Maybe they will change their strategy before listing big exchange

[celot]

When you investing or trading with cryptocurrency have the TOS or term of service where noted below of exchange market menu position, "warning trade on this coin have risk" there we know not all coin will have expectation what we want and not always have higher price after distributing and listing on the exchange market. When receiving coin from bounty campaign have lower price is usually happen to us, not only bounty participant have faced with lower price after listing but also investor faced the same moment they have loss much money with lower price under ICO and they know risk investing on cryptocurrency, why you most complaint with your reward have drop and only as bounty campaign participants, look at the investor is strong although loss much money with his investment.

[robelneo]

Have anyone here checked the new website https://youengine.com/ from https://youengine.io/ they are in the transition stage headed to 2021 which is the launching of  YOUapp/YOUengine, it's not the current price it's the roadmap and the platform development at this stage, the team don't care about the dump they gave the community 5 exchanges, so so far they are on track on the first stage and they still have a lot of steam to go.

What does this mean, they are ready to kick-off and the 5 exchanges are ready to create volumes and once they start the platform, and with the kind of team they have, I believe they are capable, good projects are built to last, bad projects are built to pump then dump.

[luckyflop]

I think the main reason was:

John mcafee name was tagged to the project banner

In every project you see this name you need to avoid it , he charged people money to shill their project on his Twitter and some of them were rubbish, I am very glad he can't do that at least for a while, paid shillers need to be stopped, that is not a very effective way for marketing, instead of focusing on the project and their product they focus on marketing, I have seen some of them who promoted scams, and they don't care about if it is a pull rug or not , NOTHING would take place of DYOR and no matter how many paid shillers , shill it, it still could be a scam!

[robattfield]

Have anyone here checked the new website https://youengine.com/ from https://youengine.io/ they are in the transition stage headed to 2021 which is the launching of  YOUapp/YOUengine, it's not the current price it's the roadmap and the platform development at this stage, the team don't care about the dump they gave the community 5 exchanges, so so far they are on track on the first stage and they still have a lot of steam to go.

What does this mean, they are ready to kick-off and the 5 exchanges are ready to create volumes and once they start the platform, and with the kind of team they have, I believe they are capable, good projects are built to last, bad projects are built to pump then dump.

Agreeing with projects like these we can't expect them to be better than anything else. Most of the tokens available and in circulation are mostly bounty hunter tokens. I don't see that in the space here, because there are a lot of such projects in this school. I think people are waiting for it in the future to see if they can evolve.