Who said there were no practical applications?!
"Here’s how it works. Wificoin first installs its open source operating system onto a Wifi router. When new users try to connect to it, they get 100 Wificoin, which they can spend for 1 megabyte each of wifi access. If they need more, they can either buy Wificoin with Bitcoin or Ethereum, or they can install the software on a router they own which earns them Wificoin each time someone uses it."
More info, here: https://techcrunch.com/2017/09/17/wificoin
100 coins for 1 megabyte thats insane. I can get wifi for free.
Installing software on your router, thats like leaving your house unlocked and personally giving strangers the key.
I like the concept, though not sure if there's a more secure way to do it