I want to add a note of clarification. The quote in OP combines headlines on two separate topics from the SOS Daily News by @pennsif.
- The newly formed Steem Alliance is holding the elections for the Working Group.
That's one thing. And while there are funds resources at stake we don't—as far as I know—have figures on exactly what will be committed once a proposal is selected. It's also not directly at stake in the election, as the current goal seems to be to garner legitimacy for the Working Group in the eyes of the community.
@ned has indicated he's interested in sustaining a selected foundation initially. He has also repeatedly mentioned it doing its own fundraising.
- There is a 10K SP delegation on the table for one lucky steem project
This headline refers to a contest currently ongoing from @theycallmedan. And it's on dpoll :)
Thank you very much.