If I own the project I won't agree statement like this. They want to promote massively without spending more money. So without limitation they will got massive participant with the same amount of money. Profit? Yes profit for owner not for us. Remember they create bounty program for promoting product not for make us rich.
Hm, you have a point, too many bounty hunters promoting a bounty project will benefits the team more than bounty hunters themselves, whether they spam or not its not a problem for project teams, i kinda get you but its really not healthy for thousands of bounty hunters to share a pool of 40k to 100k, if that should be the case i expected the team to add more to the bounty pool