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How are we going to pay for all this?
(sh.itjust.works)
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Why would it have to be blockchain? Plus like the other commenter said, that provides incentive to bot comments and such. Donation based stuff works fine.
Blockchain has been used previously (see dogetipbot) in a similar concept and worked well.
Since tips would be given at the discretion of users finding certain comments particularly good, a bot would only be able to abuse the system by creating good comments.
I have seen of many instances not being funded sufficiently through donations. If the level of user donations is able to cover only 50% of operation costs for an instance, if monthly upkeep is say $60, then it is reasonable for an owner to subsidize the rest. But, as lemmy (and consequently each community) grows in popularity, a 50% coverage of operational costs is simply not sustainable. That is, without a tactic such as Wikipedia's notorious pity-ware ad banners.
Providing an alternative method of funding could assist instance owners to keep the community running.