To light a LED, it (obviously) requires at least one LED. Then add as many things as you can think of to make it light up.
Here's my idea, which goes around the world:
Start with a large number of participants (in the US) playing an online "game", the more players the better. They are divided into two teams - one using AMD Ryzen CPUs and the other using Intel Coffee Lake CPUs. Both sides use their CPUs to mine earnhoney.
The mined coins are converted to Paypal and sent to Naomi Wu, who makes a short video every week announcing the percentage contribution by team. She also spins a roulette wheel every time, using the contribution percentages to define which sectors denote a win for which team. But that's not the final decision. She blows a whistle near the end of the video for the next step.
Julian Ilett preloads his breadboard shift register with a single one and lets it run on a 555 timer. The percentages define which LEDs denote a win for each team. He plays the video from Naomi Wu on his phone and when she blows the whistle, a 567 tone detector activates a latch that stops the 555, at which point the LED that's lit decides which team gets a win.
An ESP8266 in Micah Elizabeth Scott's lab reads the results and lights up a red LED if team AMD wins, a blue LED if team Intel wins, or both if there's a tie. The picture is automatically posted (possibly with Tuco in the view) and the players try to recruit members to make their color light up more.
I'm sure something similar can be implemented running in the other direction with GPUs (AMD/Nvidia) mining Curecoin/Foldingcoin, Micah Elizabeth Scott and Julian Ilett getting the coins (the players can choose who the coins go to) and deciding the winners, and Naomi Wu wearing an IoT necklace that glows red, green, or striped red/green depending on which team won and posting a picture.