This makes a lot more sense for large scale and high profile projects, and it eliminates low quality slop PRs by default with the contributors having to earn the trust of the core maintainers to contribute directly to the project.
I think there are better alternatives, we'll let the market weed things out
For example, I will keep making them spin wheels and burn tokens / money, a sort of honeypot, adversarial shadowban. This is even better for disincentivizing them.