CoRank makes it easy to setup your own social voting platform. While many will use CoRank as a Digg clone, it can instead be used by a single person as a repository of content.
When starting your own CoRank site, you can choose who gets access, who can submit stories and a template (a digg style is available). You’re also given a number of admin options including user banning, privacy options and user statistics. Users can add their own ads, but if your site is really any kind of a money-maker, it probably wouldn’t be on CoRank in the first place.
On the user side, it’s a lot like Digg. One of CoRank’s better features is “Like Minded.” It show you “like minded” users based on voting and submission history. Overall CoRank isn’t revolutionary, but if you want to setup a Digg-like site, CoRank can help you do it in a matter of minutes.