I keep wondering why new projects are being introduced into the cryptocurrency economy and we all will agree that about 80% of these new projects either don't do well or exits as scam. I know that bounty hunters especially benefits from the introduction of a new project because it's 90% sure to run a bounty program.
The percentage may be even higher. Nowadays more than 90% of these "new" projects are either copycats of the old and established projects, or outright scams. And I am not sure whether the bounty hunters benefit from them. In many of the cases, the rewards are not paid. And even if the tokens are paid, they will be close to worthless.