Good governance is something a state owned bank (that nearly got bankrupt) and a poor platform know nothing about. I don't see much clarity in how the fund distribution is going to be governed. Token holders should be voting, not some "investors". Voting mechanism must be on smart contracts for each token. This initiative is yet another example of trying to apply old approaches to a completely new field. Crypto must be about decentralizing!!!
The thing I like is that smth is happening at all. If the idea will fail, russian crypto comunity will get experience. It will also boost the descussion of crypto world in russian society.
As for participants, I personally have some trust in Russian Association of Crypto and Blockchain (RACIB). These guys play a role of devil's advocate for cryptocurrency in all governmental discussions.