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💵 How important is it for platforms today to introduce a social currency or monetization opportunities? And how can one determine at which stage of the community life cycle such a decision makes sense?

Growth
Have you ever felt out of your depth, like a fraud, and just guessed/bullshitted your way through the situation, petrified that at any time, someone was going to call you on it? - Mike-Cannon Brookes

Go with your intuition. You are the one who understands your community best. And more than monetizing your community, it’s important to maintain the quality that has kept your community intact. A suggestion would be to add a filter on top of monetizing your community to ensure that the quality of engagement and people remains unhindered.

In 2018, I took a Udacity course in front-end web development and found the community managers to be stellar advocates who were really motivating. I was looking to break into tech, and got inspired and started applying for community-type jobs as a result. I landed my first gig at Khan Academy, where I led and managed volunteer groups for a year before moving onto Quora to oversee writer and power user programs, and am now doing the same at Retool. - Alina Din, Community Manager at Retool

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