This is not an original concept. Yesterday @LukeAlmighty posted a link of a blender video of the same concept, the same video animated on a pinboard. We were discussing in that thread ways this could be accomplished and i made a small test video to see how could i replicate the same effect.
@hideki @applejack
Sorry for taking so long. I've decided to
1) After I subdevided the plane, I removed all faces and edges, and left only vertexes (step 2)
2) change the change instancing from faces to vertexes (step 7)
I believe the result is perfect on the technical side. Thanks for the tutorial, it was fun.