This is an excellent idea, I liked awarding posts on reddit on my old username, probably spent quite a bit with reddit until they permabanned me for god alone knows what reason.

This plus Premium memberships would give the admins of the bigger servers such as lemmy.world a reliable income stream that would enable them to maintain and improve infrastructure. The money would go to whichever server a user that buys the awards or Premium membership happens to reside on (for me it'd be lemmy.world)

Its a simple reality that running a server with thousands of users on it costs money and time, and it has to come from somewhere more reliable and lucrative than donations

It does raise an issue in that a payment processor would be required, and a business would have to be created for that as well. Perhaps several instances could co-operate and share the payment processor and create between them an organisation or business for that purpose, there would need be some means of tagging each payment so that it can be directed to the correct instance

I want the fediverse to survive and thrive, and for that it needs some income beyond donations to support instance server costs, bandwidth and the time and effort and resources expended on battling DDOS attacks, bots etc etc

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[–] jeffhykin@lemm.ee 3 points 1 year ago

I think both your idea, and the criticism in the comments are valid (and I'm really glad to see this kind of discussion).

One potential solution, that would sadly require a major technical change, would be for awards to cost hosting-resources instead of money. For example, if Lemmy used IPFS, then people giving awards could need to pin some amount of files for some amount of time in exchange for an award.

This means every award would make Lemmy MORE decenalized, which also helps with admin costs of hosting servers.