Apart from that, I have seen some bounty reward pool to be in BUSD and that's $3000, how a BM can decide to run this shit even?
The increase of the number of participants is inorganic. Most of the bounty hunters nowadays are farm account especially on social media campaign. It’s so hard to control it since it’s a thousand of application that needs to be review individually. KYC or set high the requirements so that bot farmers can’t enter the campaign. This bounty hunters has zero output on marketing that’s why bounty is already ineffective. There’s also a launchpad that can bring sure liquidity to startup project, Legit project usually choose it rather than launching campaigns.