Ok, I quibble with much of what you just wrote, but your first line contained a lucid point.

In essence, you propose that a federated monetization scheme would direct the bulk of the pie to the participants and not to the big corporate interests.

Now that’s a damned interesting thing to consider.
I think its obvious that it would/will go awry. Any time you get non-profits screwing around with money, somebody figures out how to steal it.
But if even a bit more went to the participants and paid for infrastructure, that would be a positive thing.

But again … non-profits and coops never handle money correctly. Watch this get all the way to the goalpost and then swoop, it all gets handled with GooglePay. Its doomed. DOOM.