I was onboard with the idea as an experiment, until you mentioned admins. Mods are just unpaid admins. If you introduce a hierarchical class of users that can do more than others, it's no longer the 'organic' internet interaction you're selling it as.

I think that's also an important distinction:

• Organic social interaction and
• Organic internet interaction

are not the same thing. The Internet includes a lot of non-individual, non-human, and non-social actors, in a way that real life doesn't: companies don't send people to insert themselves into your meetups at the library, but they do send 'representatives' into Internet spaces. If you try to replicate the social anarchism of small group meetups on the internet, you will not get an authentic experience.