I recently got an invite to Imzy. After a bit of research, I found a few articles about the site and was surprised to see that the platform supports "tipping" users and moderators.
Imzy is a new kind of online community, currently still in early testing it already boasts some 10,000 users, where moderators are paid and a tipping system is built into the platform.
As part of Imzy’s beta users can tip each other or moderators as a reward for good work.
Who doesn't like a bit more cash?
However, I'm interested in data from communities that already reward voluntary moderators with a cash incentive. Does this help the moderation team and the community?
I have an assumption, but no personal experience, that it rewards the users for a while but eventually the cash incentives become a weight around the neck of aspects of the community. To get more cash, you have to participate more and more and as the community grows you have more competition to compete against. Few users actually tip, and now with more content available the tips are spread thinner. The return on your time dimishes.