Certainly. Now a lot of scams and find a good project now is a problem. But if you take it seriously, you can pass the fate of being deceived. It is necessary to study the project before taking part in the bounty campaign.
Careful study of where you are putting your time into is one thing every bounty hunter should always do. However, these days, bounty hunters are always very lazy to want to go into the details of a project and they really care less to want to know how they can at least take advantage of the good projects out there and all they care about is how to just pick any coin or token that comes their way, and whichever one turns out to be fine or not, is their luck.
That to me is even unethical. Every bounty hunter has a part to play and this is the reason why a lot of people keep complaining they have only been investing in scam projects over the years. How wouldn't you, when you do not do due diligence?