Ofc it was about ICO promoters and ICOs in the first place. The bounty community is good, but it's not the only channel to target. People with other main areas of interest won't see the community posts and retweets - as an ICO promoter you need to get to them somehow.

Less pairs of eyes means in the end less investments in the ICO, and as a secondary cause - possible unsuccessful ICO => no bounties, no happy investors, no product.