Due to lot of scammed ICO more investors lost their interest investing in ICO. Success rate of ICO decreased that is why bounty campaign period nowadays are extending. Do you agree?
You are right there. That is one of the reasons why so many investors are afraid to invest in ICO. Another one is due to the bearish market condition crypto space is facing right now. It's like a domino effect if the market is in bad condition investors can't gain much even their investments might get stuck thus ICO investors lessen that resulted to not reaching the soft cap which is why extending the ICO is the better option for now.