Few of my colleagues told me they quit bounty because many new projects are finding it very difficult to reach soft cap and those who manages to reach softcap ends up listing on ridiculous exchanges because of listing fee, a part of me feels like they are right because if a new project fails to aim for top exchange its game over, the question now is why promoting new projects then?
a new project now won't do anything when the market is going down so big. We know that a small market cap usually won't make a good project because money is focused on top coins. Therefore, projects that appear now often have a very low probability of success in the future and capital mobilization also becomes stagnant. so this is not the right time to participate in bounty campaigns.