Yeah, I have no qualms with this at all. Perhaps some vesting schedule with a clawback option for the Gitcoin DAO would be a good way to put people’s mind at ease. Above I mentioned that, at the current value, this could cover one year of costs for two devs and a PM, plus some misc. expenses. So perhaps vesting it continuously over the course of a year, or in four discrete tranches, would make sense.
As much as I’m confident that we could be trusted to do it on a handshake, we have a variety of great tools available to us to eliminate the need for trust, so we may as well make use of them.