yes participants must understand first what is bounty, campaign, altcoin and the process of making a wallet or token so no questions later such as "when distribution token?" or "when exchange?".
Sorry, but you're talking a little bit different thing.
Even if expert, who knows all that stuff about bounty, campaign and etc., have read an announcement that token distribution should have been done one months earlier, he will ask "when distribution of token?". And if there's no clue about exchanges on web-site, on white-paper, on roadmap, or according to those the listing should have been done weeks ago, he will ask "when exchange".
I think you have written a post with little use.
But regarding the core question of topic:
Beginners will learn about all that activity with crypto and blockchain without risk of losing their money.
They will lose their time and nerves for some extent, but that's good as long as they don't lose their money.
But once they're experienced ones, they should try more activities than bounty itself: participating in ICO, rating, voting, trading and etc.