1) a project collected funds,
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
False, I think. If you compare the Bounty Budget allocation to the ICO's total hardcap or softcap or percentage of raised fund, it's actually a small budget, usually less than 2%. And the project can be distribute follow a vetting schedule or paid all of that, but if they have money, the purchase of the entire bounty tokens which will not affect the token price. Those projects failed, they failed at the beginning, rather than having to wait until BH dump their tokens.