While you are right, this is also true that most projects don't want to hand over the fund to a campaign manager because campaign manager may scam too. We have seen such case a lot of times. If campaign manager scam the hunters, that will be a huge amount and it will have influence on the market too.
I think that bigger problem for them is knowing that they won't have a chance of scamming bounty hunters if they give tokens to the bounty manager. Another issue that altcoin projects often have TGE after bounty campaign is over, sometimes ever months after that so even if they want, they cant give tokens at the start of the campaign.
I have been offered to manage few campaigns but had to deny for such reason. Team doesn’t want to escrow the fund, doesn’t want to trust me. Well till this day, I have learnt that you are very unlikely to get a project to manage, if you have straight rules.
Yep, if you ask for escrow or tokens, they can always easily find another bounty manager who won't ask for either. Plenty of those here on bitcointalk that don't care much about bounty hunters as they get paid ahead in stablecoins/BTC or some other listed cryptocurrency.
ATH was $381 according to coinmarketcap. That makes sense why they don't want to pay the hunters. We have seen such excuse a lot of times.
Hah $381. So they also use pump&dump scheme, not a surprise.