When I read statements like "minority mobs can't cancel users", I assume the intent here is to build a right-wing social network like Gab or Parler. Is that the intent? If that is not the intent, you should consider revising your materials.

I also have a general skepticism towards sites that want my email address for nothing, and I fear the money math is simply untenable (you're going to pay for all the credit card fees and such? $50,000 from users will not mean $50,000 available to redistribute) and you would also have to worry about issuing 1099s and similar problems if you pay people. It also seems like a voting pool could make sure they capture most of the revenue by upvoting within their pool.