What's the point of R50 Gear...

[Nero]

Do i need to quote your own Sentence?

I tried most of the NMs and it's really boring. The fights are not challenging and are just a waste of time, because the gear on my retainer is better than the rewards (Templar's/Bucaneers/etc...).

Again. Its not true. Gear from Open World NM's, Crafted Gear and Gear from Dungeons > Faction NM Gear.

Edit:

So to answer your first question, in your first Post. The point of getting R50 Gear, or getting LNC to 50, is to be prepared for harder Content, which will bring you to the Point where you get better Gear.

And with that Gear you will be prepared for harder Content.. and again.. to get better Gear again. And at least have fun with your friends, mates.