Not going to lie, I like the idea. At least, it encourages some real-life interaction which I'm all for.
However, I do not think it "solves" the many problems and hurdles of modern dating. All it does is encourage physical interaction which some more socially adept people already do. I also do not think it will end OLD or its fallacies, it will force it to adjust.
I also think it's most likely to create new modern dating trends/patterns, some good and some bad as with everything.