ICO and IEO are for raising funds, what about bounty? To create awareness around the web to get more investors right? This makes it two ways for projects to gain investors, I would have said ' why do new projects need bounty hunters for then' but bounty hunters are playing a big role here as you can see that's why we keep seeing bounty campaigns from IEO projects, although not all of IEO cares about bounties
No project can get to the masses without any bit of promotion. This is the reason why promoters such as Bounty hunters and other promotional tools will highly be sorted out for. The services of a promoter is one that cannot be overemphasized as projects need their brands to be known among the masses, Brands want to create awareness and adoption. Brands want to be popular. Hence it is through promoters that this can be achieved. Take it or leave it, Bounty hunters play another major role for any project.