No, I had something a little different in mind, however it really would not work well and not everyone would ne ellidgible.
I was thinging separate ic events for things that make sense icly.
In rl sometimes people are recognized for their contributions to society etc.. I was thinking more along those lines.
Example:
Perhaps once a year characters might be asked to nominate a person to be recognized for their kindness let's say. Characters might discuss this among themselves, perhaps hold meetings to hear eachother out. Perhaps in the end a few nominees are presented.
Pehaps a few bad guys (the sneaky,innocent looking type) might try to get nominated... They might try to have some of the other candidates discreduted or killed

This whole thing would require a lot of thought for it to make sense and players would need to be decent at rp. A few ooc slip ups could ruin such an event.
If this was like an awards ceremony ( like the emmys or the tony awards) then that would be stupidly ooc. I would never suggest that.
Lastly, something like this was done on the forums in ,08 I think. I believe it was a poll or something.. I think mathy started it.this type of this could be done again in the forums in an ooc way.
You just wouldn't get anything in game.