Is this not sorta like https://www.dronebl.org ?
Note, however, that you may find our listing coverage lacking for web-only issues, such as WordPress pingback spammers, forum spammers (not using a proxy or VPN), etc. Especially in comparison to something like Project Honeypot.
A layered defense is the best defense. Firewalling, application hardening, rate-limits, hellbans, risk-scoring, etc., especially in combination with a blacklist, can significantly frustrate and discourage attackers and spammers. No single measure (other than extensive manual moderation queues) will prevent abuse entirely, but the more roadblocks you put up, the more likely the abuser is to give up.