there should be new moderators that can fish out bad projects on here to avoid wasting time of bounty hunters
I think you are referring to Bounty Managers which chooses projects to manage. My question is that, So Bounty Managers can decide on their own? Or there are persons behind the Bounty Managers who will decide for their projects? We'll of that would be the case, if there is a team behind the Bounty Managers, they should really consider other people like Investors and Bounty Hunters, take time to research and make sure that they will really get a good project. That way, everybody will be happy and ICO will regain its reputation and momentum.