40% of mining reward going to the team? Seems fair. But why not 100%?
Otherwise I'd say it would have appeared as a quite promining coin.
Have a look to this
https://telegra.ph/Governance-the-spell-of-growth-12-03-3You can agree or not, but the aim of this fund is legit and will help the growth of the project.
Thanks for the link to the article. Hopefully more users will read up on this and get the idea of what Mask wants to achieve.