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?
Many new projects are launched, because the founders see the project as a source of enrichment. For profit, the project should be based on innovation solutions in which there are already experienced developers. Unfortunately, projects that do not have a noble purpose for solving problems will fail.
Normally, only projects that look good based on thorough research should be promoted, otherwise time is wasted