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I highly appreciated your help, and added it in my OP.
Reporting badges are a good idea in my opinion because they encourage those that are already reporting to make more reports, but also rewards them without monetizing it.
If the reporter badges still have been in To-Do list of theymos, it should be sticked with non-financial benefits from those badges. I believe theymos does not have intention to monetize those badges. People always try to abuse, so new things should be consider that their launches won't lead to new types of abusement in the forum.