After running several bounty campaigns I have noticed that they only attrach bot accounts, multiple fake accounts controlled by one person or low quality accounts that can not even give adequate comments - it is not the same as it used to be back in the days in 2018. Where has all the quality crowd gone?
When there are too much people in participating in anything even apart from bounties. You will see a lot nonsense. I also do bounties and I can relate very well.
Although, it doesn't mean bounties are dead but it means there are a lot of shit projects or scam projects bounties out there that doesn't care about thier bounties participants because they are just making the project for rug pulling sake.