event points should be handed out at officially hosted events, which is already happening
Is it though? I wouldn't call facebook giveaways events.
The last real event that actually dealt with Event points was on Christmas: You could pull EP tickets out of the crackers.
There was no real reason to disperse the Event Team. And since players like to participate events and clans can offer them to people, so why shouldn't they get rewarded for their effort (actually they would be rewarding the players)? No-one else does that currently. The closest thing to an official event has been Bubblebeam2's PVMing events. He has used his own cash and time though, so it's not fair on him to call these events official.
Charr has some valid points. This obviously requires supervision, so the owners couldn't abuse it.
I also agree with rewarding guide creators etc, however you underestimate the potential complexity of HNS. If done right it requires preparing (locations, hints etc). Most HNS's are poorly hosted.
You could also make it harder by tying the hints to stuff outside of emps (can be anything: movies, any history etc), so you have to actually research to win the round.
What would your worthy events be if I may ask? Fox hunt, some pking events?
Tom, of course items will be given out. The ep would just be another way of rewarding the community. It would be for special occasions.