I like the idea of Member of the Month, I think it would be a great way to recognize members of the community.
Although, I don't think that we should offer item/cash rewards, as we have such a small community I feel like this would hurt Zenyte's economy. I would much rather see a discord and or forum title, possibly even a cool little crown in-game, something like a mini poll both icon or a star.
I think it would also be cool for us to make use of the poll booths, (or even if we don't use that feature, yet) a way for players to nominate people to the poll, perhaps via a discord bot that creates polls.
Just some ideas!