Moreover, I really find this Merit System very interesting you know. I can feel that it has more features to unlock. How about a Donation that can be given to a certain charity institution where gain sMerit can be opt to donate that can be converted to a certain token. I know Merits are made of out of codes but you know maybe if possible the Dev can start to come up with a similar idea using this forum to work this things out of a program in the future.
I don't know exactly what you're trying to say, but be aware that sMerit never be converted to any tokens because sMerit is essentially worthless and not for trading. You just have to think of this merit system as something very simple, this is another requirement to help forum users rank besides activity. Some of the explanations above should give you a good understanding of the merit system, so what do you expect from the rest of the features?
If indeed the forum wants to raise funds, then the best choice is bitcoin as the most decentralized coin so far. You don't have to think of anything complicated to implement, and so far your idea of it doesn't seem very good to me.