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?
Those campaigns who are extending are the ones who usually do not reach the soft cap of the initial coin offering because if they did not reach it the budget for that particular project it means it will not push through the project.
And that also the reason why they needed to extend the bounty period, not meeting the target soft cap wont allow them to proceed with their project and for sure it will just turned to scammed if they will distribute the rewards without any funds to continue their works, most of the time developers are still hoping that extending the time frame of their ico's will give them a chance to meet even the soft cap so the project will be able to materialized.