Not just those who have bounties are scam. The number of new projects that are scam had grown massively. Bounties nowadays are not as profitable as how it was around 2017. I wonder how some legitimate projects will gather funds if investors don't trust new projects anymore.
Scam projects can grow very quickly, with coverage in almost every corner of the market but mixed in these niches, we can still find good projects and make appropriate profits, many investors may not have trusted it yet, but somewhere, many investors still have good hope and appreciation for some projects, attracting capital is still very stable, the problem is only slower than in the past. Bounty in this era is deceptive or not, the interest of the participants was very low, bounty is just a game of luck, a little bit of trying to test is enough, the results are not of great concern