We have seen your current approach is pushing grants (thus responsibilities), but how about building a tooling dev team under Tezos Foundation to make an official Tezos Wallet? Related to that question, how about TF funding another entity like Nomadic Labs, but with the sole responsibility of maintaining the widely used apps and tools in the Tezos ecosystem once the development gets abandoned (e.g., tezbox, kiln etc.)?
The Foundation currently deploys substantial resources to ecosystem grants to enhance tooling and applications within the Tezos ecosystem and will continue doing so. That being said, the Foundation does not have plans to build its own development team, as its primary purpose is the promotion of the Tezos protocol through grants and other capital deployment vehicles to entities within the Tezos ecosystem.
It feels like the current grant structure of having a grant cycle each quarter is too long. Has there been any thoughts on implementing Fast-Track small grants as well?
The Foundation is constantly evaluating the grant process to ensure that grants work to promote the long-term success of the Tezos project. The current process is designed to give the Foundation adequate time to perform due diligence to ensure that the deployed resources add proportional value to the Tezos ecosystem. In some circumstances, when projects are of significant importance to the Tezos ecosystem, the Tezos Foundation will push applications through an out-of-cycle process. It is important to note that although these applications are expedited, they undergo the same due diligence process and require the same approvals.