I think it can be a good decision not to do bounties. It has pros and cons of course, but at least there won't be the usual bounty dumpers.
I guess that is because they have other marketing campaings in mind. Maybe they don't have enough money for everything and had to make a choice.
so this project will not you have a bounty campaign? perhaps they have in mind other methods to promote, advertise the ico...
Bounties are an easy way to promote a project for a cheap price.
I agree with you, a cheap and effective way to promote the project and attract of investors.
Ya they know the pros and cons, but they've been thinking about this
And this is the result :
After careful consideration of all pros and cons, it is not suitable for our type of project, therefore we decided not to proceed with bounties.
are you at least targeting more marketing via youtube or some sorts of campaign? I understand project is nice and not really needed much since team already demonstrated pilot integration.