I will go with little reward, less value. because, let's face it; most bounties that offer you large rewards mostly ended up becoming a dead project, However, some hyped project like icon, binance etc who didn't really give much, went up a lot. binance did an airdrop of 1000 bnb in 2017. at the price then, this was just worth 100$. however, bnb has gone over 300X since then. that 100$ would have been around 35,000$ at the current market price. that is how things work - quality matters. A lot of bounties will offer millions of dollars of bounty reward when they themselves are unable to raise even up to 1 million dollars. why on earth will a project pay you a 5 million-dollar bounty when they themselves couldn't rase up to 1/5th of that!. I have missed out on very good projects because their bounties weren't as lucrative as others and I have myself to blame for missing out on the bull run of these bounties.

My advice to bounty hunters is this: do bounties for a project with the aim of being an investor. Ask yourself - if i had the money, would i invest in this project? do they have a good team and a good future? if your answers are no, then chances are, that bounty is not worth doing afterall.