US$ 30M to Reinvent the Wheel

I am gobsmacked that people could act like this.

No structure or governance as Free Our Feeds pinky promise that they have "9 custodians", unnamed, to manage donations. They will have the foundation set up by "the end of 2025". But send money now

This feels so much like a scam, yet many of the people (they claim are) involved are geek household names

Very weird