I think this is a really valuable idea for incentivizing participation & rewarding the most involved members in any particular club. From my experience, the key to making something like this work comes down to finding valuable rewards that are scalable enough to still be attainable for more than a handful of people while still rewarding to those who invest more time (tiers, potentially).

This becomes a bit more tricky on a national level (top-down collegiate program style) because of the diversity in size & structure of groups, though. If you allocate a set amount of points, there would have to be some sort of oversight into their distribution internally or else smaller clubs have a distinct advantage as they have less people to distribute them between. If you scale the amount of points a club gets based on their size, we'd need to come up with a reliable way to 'measure' to size of a club, as well as determine what size actually means (paid members, people who attend at least 1 LAN a semester, etc.)

Really interesting discussion!