Organizing a bounty program to attract investors is something that is commonly done, many crypto project investors find out about projects they want to invest in through bounty programs, especially the Twitter social media bounty. Henceforth, the problem of future project development is the responsibility of the dev and the team.
This is true that bounty program help the investor to draw their attention to invest on the project .The question was that if it is helpful for the project for long term .I don't think this bounty program help for the project for long term but initially help to the investor to find the best project on the community .If the project has strong concept why its not help it for long term profitable .Investor will also hold and make activities to grow the project if it is more potential on the market .So its not only the bounty program help you the project growing for long term if this has no real case on crypto .Its always true that bounty program boos the project initially and help the investor to come here and invest on the project if it has good concept and activity .