Golden times of cryptocurrency is over, so take the right step today for a better tomorrow.
Crypto != ICO/IEO/STOs or whatever a team told you. If that's true, then nobody would consider Bitcoin as cryptocurrency.
But still I'm hoping that it's not really over and all of this is events happened due to the market situation and can go back when markets became more healthier.
I believe ICO or IEO will be replaced with STO sooner or later, only because those who participated in ICO/IEO are looking for profits, and that's hard to achieve with utility tokens, especially at the beginning. Market penetration is tough because blockchain is not equal to a crypto token. Lots of solutions proposed by ICOs projects can be done without a secondary token, but they created that just because they need money.
No type of campaign is safe from scam therefore you just have to be conscious when joining a campaign. Be very vigilant when joining a campaign, note that there isn't any guarantee to get paid so don't invest all your mind and body into a project.
I think the more important point from this discussion is that doing bounty hunting as a job is simply a waste of time. Legit projects won't show up every week, and in fact, I only know one project that pays me well since July for translating their docs. Other than that, I don't see any. Participate in bounties if you have free time, but never use it as your primary source of income.