Bounty campaign is a good way for projects to spread the word and gain publicity in the cryptocurrency market. But it is not the best way to gain investors. Good projects don't depend on bounties alone to promote their token sale.
And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest.
Bringing in the investors and funds depends on the team's marketing ability and their ability to close deals. This is why good projects attend a lot of crypto events and network with people.
Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability.
It is hardly worth agreeing with your arguments. Participants in the ICO Bounty Signature Campaign make a great contribution to advertising new ICO projects. This forum is the most famous among those who discuss the problems of cryptocurrency development and at the same time provide marketing services to new ICO projects. Many potential investors on this forum are looking for worthy projects in which to invest their money. A great help in this is provided by our signatures, which we wear when publishing our messages. Studies on this subject have already been carried out more than once and they clearly confirmed this. And bounty hunters themselves in many cases are investors in new ICO and IEO projects.