Pvm Points

I had a suggestion to add a little extra to the server i am not sure how anyone else feels but my suggestion is making pvm rankings points and with points you earn from killing bosses or possibly by attending event you can buy things with those points. As far as things to buy it could be a vast assortment of different things but what i was thinking was possibly deco items,newbied mounts,Robes,Loot bags or personal powerhours where you spend the points and once you do so a powerhour for that character begins. i know my suggestion is pretty vague without any idea whether it is even possible but i figured i would just put it out there.