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I may be wrong, but I believe this is how the subreddit already works. They set a total amount of crypto to be released, and it goes in proportion to the total number of upvotes you receive in comparison to others in a given time window. I think the approaches are largely identical with the exception of the crypto vs direct fiat.

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The difference is that the non.io model rewards more for upvotes from people who have a high bar for upvoting and upvote rarely.

To be clear, this is an entirely different model with a different incentive structure from the other one under discussion. It will not have the same issues. You don't want majority appeal, rather you want niche appeal. The more people like primarily your post and nothing else, the more valuable the upvotes become.

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