You can simply look at coinmarketcap and see on how many total crypto's are there already.
I think this isn't the first time of hearing that type of project aiming to digitize economy and society but digitizing the minds of the people? that crazy.
We don't really need more of those crypto's that's just add confusion to the people on what to hold.
There are more cryptocurrencies than you can find on coinmarketcap.
Coinmarketcap only lists cryptos that are tradable and have value.
Any one can create a coin (that doesn't mean it has value).