He is a bit bombastic, and has a habit of biting off more than he can chew sometimes. I think these side-projects are ultimately useful, though, and probably help fend off boredom or burnout. Maybe he gets better at coding and design through doing that, I dunno.
Regardless, he's continues to do a lot of great development work.
Regardless of how you feel about it, it's still notable that people on the Fediverse managed to scrape $500k together. This is the first time something like that has ever happened on this network. In the world of big politics and presidential campaigns, it's not much. However, within the scope of grassroots organizing, it's substantial.
I agree that I would love to see that funding go towards mutual aid, infra and project funding, and supporting people who work on different parts of the network.