Honestly, I feel like most of the "pros" from such foundation are already baked in through the leogrowth account and the fact that we are on a decentralized platform to begin with.
The loyalist and whale holders that are already taking initiative will be the ones that likely would engage in this, it sort of just seems like it would be making what is already going on more "organized" in many ways. Not sure if that is a substantial value add.
Also, governance voting on LEO (if that is even possible) I think would really cover the gaps that maybe a foundation would help fill.
I like the spirit of the idea though.
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