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,
It is good, so less participants will join and then the bounty rewards will be higher than before lol. it's sure that it's difficult to actually find the "successful" projects especially this year, but if your friends think like that than they are just lazy and should not get the reward in the first place because they don't want to take the risk.
the question now is why promoting new projects then?
Because you don't know what happen next! It's literally a coinflip, either it's good or bad no in between. Just be sure to cross check everything before joining any projects and then just do your best promoting it to maximize the earnings.