Interesting idea to go for some sort of 'Managed Entity'.
But, if the 'steemholders'/directors of the entity were to be selected based on stake holding (ie SP) then the effect would basically be the same as opening the SPS/DAO up again to work under its existing structure.
Sadly there is not enough diversity of stake holding at present to achieve an outcome that the majority of the community might be content to live with.
There was briefly a body set up with a view to managing funds (from Steemit) for development on Steem. If I recall it was called the Steem Foundation. It had a board of directors, and I believe it started the legal processes to be formally set up and structured.
That was some months before the 'troubles'. I think it withered away in the end...
I cannot remember what the process was to select the board members but it was not based on stake - more on popularity I suspect...
So maybe there would be another way?
It would be interesting to envisage what (positive) impact it would have on the price of STEEM if all that big pile of SBDs were converted to STEEM and burnt...?
That would be one heck of a big bonfire !
Yeah, I vaguely remember the Steem Foundation, though I didn't participate much in the process. I thought it was a good idea, but I'm not sure what it delivered, if anything. And then some of the same people who were involved in that also involved themselves in the later attacks on the blockchain. It might be interesting to look back and try to assess what happened there.
Maybe, but I think having a single person as the point of focus would change the dynamic a little. As with any management position, a big part of their job would be negotiating with stakeholders, balancing competing interests, and achieving compromises that are more difficult without a managing interest.
There's definitely a lot to think through.