The amount of raised money only say that the marketing team and bounty hunters made a great job. But it does not say something about the further project development and the potential success of this company.
Honestly, the bounty is not helpful for projects in 2018. Most accounts involved in bounty are bots so it does not help many people know their projects.
Do you think that advertisements in this forum and social networks where crypto enthusiasts gather do not help ICOs? So where do the investors find projects? White papers are translated in dozens of languages.