Thanks for the comments here @devanshmehta - thoughtful as always 
As a representative of Gitcoin we are excited to see these changes and look forward to working with Octant core contributors and the wider community to drive meaningful impact and sustainability for digital public goods. Dropping a few replies in line here to some of the comments.
In thinking through the design of our new structure at Gitcoin partners like Octant were top of mind and we look forward to driving impact in the way you describe!
Very much agree on this point and appreciate the work that @james and the Octant team is doing to come up with creative solutions to improve.
Looking forward to next steps RE: the council and would be open to helping support that initiative however I can. Tagging here a post from our forum describing some of the work myself, Sejal and Mathilda are doing to this end.
Onward and upward!