It is not a secret that most for now ICO is a bubble and there is too many projects trying to gather funds this way. I expect this bubble to dump in the next year and then we will be able to see the real amount of ICOs. This will definetely affect the bounty campaigns on this forum. What are you expecting? Will the bounty campaigns change their rates (not only in btc but also in usd value) or they just won't be affective and devs will give up on them?
I'm curious to hear the opinion of mature users of this forum that seen the developement of such campaign activities.
I'm tempted to agree that ICOs are in a bubble, but you also have to look at the amount of money waiting to enter the cryptocurrency space. The CME Group (biggest exchange in the world) just announced that they are launching BTC futures markets, due to pent-up consumer demand.
I think we can expect that the demand for ICOs will taper just like any market correction. However, I believe the next wave of ICO investment will be far bigger and will eclipse the current wave by miles. It will be like comparing the 2013 bubble to the 2017 bubble (which hasn't even finished yet).