I think this is a great idea, and exactly what society needs. I even wrote a short piece on how reputation relates to a game theory experiment called the “prisoner’s dilemma” and how tax-funded government programs are detrimental: https://forum.freecapitalists.org/t/the-prisoners-dilemma-or-why-forced-charity-is-harmful-to-society/5716
I’ve always been upset that the most trustworthy and honest people I know don’t get any more respect than some others who I wouldn’t trust a dime with. I am 100% for rewarding those that reward others.