Point is ok but it shouldn't be in everything, it makes the said events repetitive and feels like a chore.

The feeling they should build is like how guildleves are being done, you get faction points as a bonus. When you accumulate enough point, you can attempt faction NMs. When people were doing guildleves, the factions points wasnt the main target (of course there are some people that does it mainly to accumulate points, but definitely not majority), it's something you get as a bonus.