After the failures of ico and the short progress of ico; it brings a sigh of fear into crypto currency.
Investors are smarter; and do not rush into tokens
while bounty hunters are increased thus providing poor contents which leads to no reward
...
Indeed, investors are smarter and won't invest on most new projects anymore.
And no, bounty hunters are not increasing i think. Hunters nowadays are fewer than in the past when there were many ICOs sold out.
Hunters should wait for a good time when there are many good projects created and bring many investors.