And what kind of traffic do they end up driving to an ICO website? Almost nothing. Most bounty campaigns literally have more participants than they will ever receive hits to their website, meaning the average traffic driven to a website by today's bounty hunter is less than 1 visit per month. Again, its because of all the fudged numbers. Everything is faked, nothing is real. There is no quality control whatsoever.
I really don't understand why anybody does social media bounty campaigns any more. Translations, graphic designers, website builders, app developers -- those are the real bounty hunters. Social media bounty hunters are just scum sucking parasites. They root through garbage trying to collect digital specs of nothing, leaving a trail of trash behind them.
Nobody wants to learn a thing about anything -- they just want "free money" as easily as possible, which usually ends up being worthless anyway. Would most of you just be sitting around doing nothing if you didn't consider this to be a means of "employment"? My guess is the answer is "yes." Feel free to correct me if I'm wrong.
Bounty campaigns is an element of marketing. The projects do not spend anything. They pay for the work their own coins, not real money. This gives a certain effect. Perhaps it does not attract large investors, but it makes the project more famous. This is aggressive marketing, which gives a certain result.