I suggest every Nem holder reads this. Vote deadline is August 14th and All community funds are being transferred to this legal entity. The legal entity will not only control the funds but actually own them to do as they wish. Vote is also done by importance so those with most importance (NEM)(DEVS)win. No info on who who is involved in this Legal entity and If, how much they will be paid, expense accounts etc. Its supposed to be non-profit and that is the ideal but " but NEM shall also need to be sustainable in the long run. Hence, NEM shall be a hybrid model" . No idea what this means.
I (personally) do not intend to use any funds to affect the results of the vote in any way.
If you think about it, there are VERY good reasons to have a legal entity (I think most of them were actually laid down here:
http://blog.nem.io/a-major-announcement/)
Keep in mind, that right now, NEM can't even protect its copyrights, as there is no legal organization that would guard our back.