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Welcome to TAC! I joined back in May, and in the early going I also wondered about the daily challenges and how much I was gaining from them. But over time I’ve found them immensely helpful for improving my finger dexterity and fretboard knowledge. If you haven’t already done so I would recommend checking out some of the skills courses – the Jumpstart series and the Foundations of Fretboard Navigation are good for starters. TAC doesn’t teach songs generally, but you will learn a basic fingerstyle and flatpicking tune in the Jumpstart courses. Whenever I find one of the daily challenges to be too frustrating for me, I skip it and work on something else that’s a bit easier. The forums are a great resource, too – I’m sure a few of the more veteran members will chime in with more advice.
