The crypto space has experienced so many bullies, and it has been mostly attributed to bounty hunters. Whenever there is a dump; people raise fingers, and attack hunters as the cause of the dumps.
But when you consider most recently hybrix token; the investors got their dividends, and they boldly dumped the token from 3.5$ to 0.5$.
This reinforce claims that no matter how much bounty hunters earn; it is not enough to close down the trade market of crypto coins.
No, it has not proven the developer should look ahead on the bounty allocation that they are going to give, that is why he is allocating a small percentage because he knows that making the rewards bigger will have an impact if there is going to have a dump, that is why we don't see 20 to 30% of the supply for rewards, it's a disaster if they are going to do that.
If a project offers 20-30% of the total supply for bounty, it's really a bullshit and scam project. Only 1-2% for bounty has caused the project to collapse, and if they set a higher budget then their project will surely fail and no one will invest and buy them.
This is not right, in my 1 year of participating in bounty campaigns, i have never seen a bounty cap of 20% -30% of the project total supply.
Also, the highest % token allocation has always been between 1% to 5% of the total supply.
And out of that 1-5% token for bounty, the team will slash reward by 3, in 85% of the cases, while, 10% of the cases, there will be no payment at all.
Only 5% of bounties have been a success. So what are you preaching ?