Crowdfundedwhale or cfw was a project a bit similar to this but had different aims. It didn't got passed which makes me believe this one will not too. While I also gave an alternative solution:
Similarly, create a discord a bit similar to freezepeach+hivedr combo and ask people to apply by dropping victim post link. Then decentralized upvoters can counter it. No need for Delegations, beneficiaries or funding. Just need a place in discord to connect victims and volunteer upvoters. And a more decentralized solution is implemented. Maybe ultize some bots and tech.
U can make it more decentralized if you want. Also, you can encourage them by giving badges based on $ value countered. Just make sure people use it to upvote the damage value. Also, a suggestion is ignore any post if they used any inorganic vote method (i know you will disagree here). That's completely fine. Make your own rules.