There is nothing happening besides a group to pick the group who will organize the decision making communication, foundation, a request for proposals.
While I hear your concerns, it sounds like...
A group to elect a group to elect a group to elect a group. At some point someone just needs to pick a team to facilitate starting the process. That is all we are doing. The job will last about 2 weeks.
Keep in mind, the idea as I understand it is a private fund will be set up to be managed in the future by a public group in some manner.
The public selection and input on the process begins with the actual working group. We are making no decisions on what that will look like, how it will be funded etc. Literally doing some tasks.