In my opinion, the bounty is still there, but the quality is very lacking.
it's just that currently there are a lot of bounty projects that are scams and some end up being trash after entering the market, but there are still very good and quality bounties, it's just that it's hard to choose which ones are good and which ones are scams.
I would say not scam or trash, but useless. What current project try to be ? NFT marketplace ? What for when we have opensea for example. Another meme coin that will make holders rich ? We are all aware of dogecoin and shiba inu. Another metaverse ? It has been a year since they appear, even first metaverse projects are not as demanded as expected, then why create another one. Game that uses blockchain ? Are there lots of crypto gamers in general? Those who wants to play, do it on PC or console by playing AAA projects. Those, who wants to earn by playing crypto games, already saw much more chances in trading. Another blockchain ? We have a lot of them already, but people prefer to use not more than 5 most popular of them. Crypto wallet? People will use combination of Trusk wallet + metamask anyway. In general, cryptocurrency dont offer nothing new today.