Love to see more ideas for using the community portion of the block reward. It feels very underutilized right now. I also think the multisig is an awesome group of people and will steward this well.
I still share most of the same thoughts as from the last community fund proposal (Discussion for CGP [0017]: Activation of Celo Community Fund - #10 by cmcewen). It seems like a lot of money, investing can be a time consuming job, and I am interested to hear further exploration of this effort in contrast to some of the other funding sources - the foundation, Flori, etc. I again would like to suggest using ReleaseGold contracts or some form of vesting if folks decide this size of commitment is appropriate.