1)Take money from SF VCs for tax deductions and social cred.
2) Hand it out to create the appearance of growth and hopefully get the coin to have some value as you mention above
3) Quickly harvest the data of everyone involved
4) Sell that data while the original thing implodes
5) Dump any remaining coins, hopefully at a decent gain, to finish the scheme.
That sounds pretty much like what give directly already does. But unless there is some kind of trick played with the currency, you haven't created any revenue stream which enables you to do this indefinitely.
Like it feels like you are making some revolutionary promise, but haven't made any revolutionary innovation that actually enables it. It seems like there's just hand waving around "cryptocurrency" and somehow that enables indefinitely handing out money.
Hard to put a finger on but just doesn't add up to me.
On paper it's a great goal. I wish you luck with it.