I'm very excited and please someone who finally came up with such a brilliant idea that helps conventional business transform into a new era.
Although I'm not a business man, I see some of the application in a small group usage.
1st, you can create a coin that only circulate within a group and it is not transferable. It does not create money, but create value! and I believe only value that brings Money!
2nd, it motivate people to share more about the product, contents to earn the coin you created, with almost no cost at all! Yet again, only your product and contents that brings value can make your coin become valuable!
For me, the whole purpose is to create something valuable (product or contents), not creating a bunch of coins that scam people (ICO) like another ponzi scam.
Last word, it is new revolution for internet, infopreneur, entrepreneur and etc.
How far will it go? I have no idea, but it is an adventure. An adventure needs you to be courage enough to starts the journey with unknown. But I believe, it is meaningful and wonderful experiment!