Will only allow users with more then 5000 myCRED points to create groups in BuddyPress.

limit-bp-group-creation

/**
 * Limit BP Group Creation
 * Only users with x amount of points can create groups.
 * @version 1.0
 */
add_filter( 'bp_user_can_create_groups', 'mycred_pro_limit_bp_group_creation' );
function mycred_pro_limit_bp_group_creation( $can ) {

	if ( ! function_exists( 'mycred' ) ) return $can;

	$point_type = 'mycred_default';
	$mycred = mycred( $point_type );
	$user_id = get_current_user_id();

	// If excluded
	if ( $mycred->exclude_user( $user_id ) ) return $can;

	// Point requirement
	$required = 5000;

	// Decline if balance is lower then required
	if ( $mycred->get_users_balance( $user_id, $point_type ) < $required ) return false;

	return true;

}