Personally they are here but they don't bring bounty now. What do you think could be the main reason for this? There were many higher rank managers who gifted us bounties for good projects in the past but now they are retired. What have they removed from the bounty due to the bad situation in the crypto market?
Yes indeed. There are several old bounty managers who are currently no longer very active, some have even completely left bounty management. However, sometimes they also carry out bounty management again.
I'm sure they have their own reasons.
As we know, the bounty's prospects have not been very good since the end of the last bull run. Even though there are some bounties that really pay and are promising, as usual, there are also many that are still not good.
This could be one of the reasons why they choose not to manage new projects which usually only waste time. Moreover, managing bounties is very troublesome, so it would be better if you managed bounties that were really convincing. Or now many BMs have finally switched to signature management which is paid for in Bitcoin. However, the competition is very tight in this regard.
Another reason is that some of these bounty managers are avoiding future problems. Since I believe some of them have earned enough to maintain their lives, they don't want to mess up things just for a few dollars. Way back I believe bounty management payments were huge since most of the bounty managers I know demanded a certain percentage of a coin as payment. So when the project is successful, these bounty managers would have cashed out a huge sum of money.
We all know the authority is taking notice of the cryptocurrency startups, and has started moving its hands to regulate the crypto space, those who got involved in a scam project during the implementation of the crypto rulings may be apprehended by the authority due to bounty management that lead many to invest on that scam projects.