Its purpose is mainly didactic for students or experienced developers who want to get started into x86 low-level programming.
And that's a noble idea. But this board has absolutely no I/O except for an LED. If you're going to teach embedded development, you really need to talk to some peripherals or understand how to manipulate on-chip registers. Modern SoCs work in a completely different manner than this board.
And, just to add a personal viewpoint, learning x86 low-level programming has very little value in the embedded systems market at this point in time.