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
Not only in crypto currency and bounty hunting, but in the whole world. Promoters will always have a place.
In the general market, promoters are called marketers, a digital way of promoters is advertising.
While in crypto currency, promoters are bounty hunters who market and advertise different projects on social media, and several bitcoin and alts forum that we have around.
No matter how huge and rich a project is, it definitely needs bounty hunters to spread the word, no matter how little.