I don’t know how it could be implemented across the fediverse. But if they could figure it out I would pay. I was a Reddit premium payer just because I loved giving awards.
The trick would be making it work across all instances. Because I could see some just opting out and then it would be broken across many different communities.
When it was just reddit gold and it was just for server costs I thought it was okay, but they had to make a bunch of different ones as well to the point they lost all meaning.
That being said, sorting by awards was kinda useful. Except do away with reddits ridiculously specific ones. Keep it to stuff like Gold, Helpful, Hilarious.
I remember Reddit in its early days (it was founded in 2005). The conversations were intelligent and I participated in a lot of them. When they introduced karma, I noticed that people were using it as a badge of honor. People started posting shitty one-liners to get upvotes, but those posts had no meaning.
So I started posting less and less. Lemmy/Kbin reminds me of the early days of Reddit, and I hope it stays that way.