Phewtick Application idea

Hi guys, I discovered something very interesting in school today.
I noticed people are going around with their smartphone and scanning each other phone with QR code.
At first i didn't go take note of it, however one of my friend told me that is a way to make money, this part caught my attention.

PhewTick is a very simple app, it is available in both Apple and Android store.
There are 3 simple step to earn POINTs, This points will be convert into real cash. REAL CASH.
(Note: This is not a scam, as you can see they have their business start up presentation at Korea, You can search phewtick on youtube and you will the video.)

1: Meet new friends.
This is the main reason why they created this app. Apart from those existing social APP. This app require you to meet people face to face. They want more people to interact with each other in real life and at the same time making money too. (Of cause they have their own business model)

2: Scan his/her phone or vice-versa
When you login with your facebook, you will be given a code at the main page. All you have to do is just scan the CODE. It work pretty well and fast. The camera will automatic detect the QR code and they will bring you to the next page. (Good software engineering) The next page consider of a game, but you can't really play it though, maybe i not sure how. They would show you 5 fishes? and each of the fishes have different point. The cat would eat a fish randomly, and the point the cat ate will be the point you get. it range from a single digit to 5 digit point. HOW COOL IS THAT?

3: Convert the point
You must have a paypal account, which they will transfer money to. (Simple?)
10 points = SGD$0.0155

Simple right? The way they earning are through commission and also, to gain a huge amount of database. This is very good in advertising market. Well hope they will succeed in this industry.  Cheers

Go download now and play with your friends and earn money!
Signing off.