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
Although most of us are not happy with so many ICO that are turning to scam these days, we still have to admit that bounty campaigns are really an important part for launching any project. Maybe IEO are not scam but there are a lot of them that are not successful at the end. Bounty campaigns are good as they help to create awareness for the project and bring more investors. If a project is good but lacks promotion, it’s not going to be successful. It needs to be promoted before it will gain the kind of investors it needs.