What Is The Agoric Challenge?

Because we have developed The Agoric Challenge this far, with private consultation from various members of the Steem community, and being that we are already determined to go ahead with making this a success, we are posting this here under both the #growth-ideas and #growth-proposals tags, for additional community consideration.

Overview
@agoric.systems has created a faucet at portal.agoric.co that enables us to register accounts, offer prizes, and guide the user sign up process on the Steem blockchain.
This faucet is designed to use unique redeem codes which will be found on 'invite slips', or Agoric Scrip which we have printed, for distribution by the Agoric Systems team, or any member of the Steem community.
This method of transmission offers new and versatile pathways for prospective users to register accounts and greatly reduces the friction to sign up for a Steem accoun