We will accept and encourage delegations when the userbase on the platform is big enough for it and we are connected to steem. When the userbase is larger, the competition for getting the top meme will be worth more than what our upvote is now.

We do have plans for a token, looking at steem-engine and/or making LULz a full crypto on its own but these are future plans.

We are doing things in a step wise manner so the project has many things higher on the priority list before getting to these aspects. Currently, developing the steem code, deploying the apps, bugs fixes, and anti-abuse fixes are the main priorities.

Hope this makes sense but you can expect a lot more from the project in the future as it progresses :)