I don't like the 1% inflation either, but seeing as how you edited a comment this largely addressed what I was going to say on the subject. I was thinking a x% tax/donation of all posts on steemit (not comments) could go to the fund, but no idea if this would be enough/discourage people from posting.

It would be nice if votes could be tallied in 2 ways with a % of weight put on both. # of votes and take weight of votes. It would still give investors a heavier vote, but allow minnows to gather together and come up with initiatives as well for those smaller voices on the platform. Not sure if this will even be doable, but just a thought.

Don't know how this would be accomplished either, but would prefer to pay people in terms of % project complete. For instance, if someone was requesting money to do advertising, maybe they would be paid a certain percentage after the ad video was reviewed and approved by the community, a certain percentage for a few months of advertising to see how well the video is working and then a certain percentage for the rest of the year advertising costs, and then full funds at the completion of the "work". Once again, a lot more complicated, but gives more security to the funds to confirm the work is being done and is paid on a more real world contractor type basis.