Is this the fund for NXTcash?
I think that's a question for James, not me. NXTcash is a project he is very interested in, I think, but it is only one of many projects that would be vying for funds from this account.
Alias NXTcommunityfund = NXT Account 13776816462073143763
I think the community fund is entirely separate from the NXTcash fund. See:
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At the high level I think allocating the NXTfund one third to tech, one third to marketing and one third for tbd is what makes sense.
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On the tech side, there are many new competitors and NXT already has in progress features that match or exceed almost all of them. klee has rightly identified zerocoin functionality as a strategic feature and put 1 million NXT of his to make it happen. I agree with him and as you know I am actively working on that project. What other significant tech features are needed to make NXT have everything it needs? At this point the only significant missing piece I see is a whole set of DAC's to combat etherium.
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At the time of writing the 1 million Nxt from klee was already worth two thirds of the total community fund, only one third of which was allocated to new tech projects.