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
They need the promoters when they are thinking if they need massive adoption and as the bounty hunters and we are having very difficult time for them all. After they have already reached a lot of funds for their projects and they are forgetting us, maybe i can say there are so many of the IEOs or ICOs were taking the advantage from the hunters but too much scammers and we must be a smart hunters to avoid promote the scam project.