I think it's a good idea, but, again, it's the whales who decide what they want to have... because it's the same with the DHF, the projects that get the most votes from the whales are then selected. Well, in the development of Ecency, all the users did their best, and some whales also voted for the project...
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Whales are deciding in both ways, but in one way, they are directly involved as VCs, with their OWN money, and that is a huge difference from giving away "community money" (DHF)...
The most important is the result of actions... If it helps to the token price and the ecosystem in general, I don't care was the whale who funded it, or a group of people, or whatever...
I agree but blockchain has its own rules, then witnesses have to implement it, so it's not necessarily easy to succeed, in fact, it's easiest to do projects on layer 2.