Che-An Wu 吳哲安
Project initiator · Twelve years building 3D spatial AI
Global Brand Loyalty Points
We operate the neutral points platform where loyalty points from any brand, in any market, can be redeemed for a single fixed-supply ERC-20 asset on Ethereum — one no issuer can dilute, void or take back.
Ethereum · ERC-20
Total supply
Circulating at launch
< 5%
Exchange rate
2,000–4,000 pts = 1 LIGHT (per brand) 點 = 1 LIGHT(依各品牌) ポイント = 1 LIGHT(ブランドごと)
Vesting
1 / 1,000 每日釋出,約 1,000 天完全解鎖 daily, ~1,000 days to fully vest 日次解除・約 1,000 日で全量解除
合約地址 Contract address コントラクトアドレス 0x1fe0f340ff654b8db555194ac175968114f5f7b2
View on Etherscan01 — The problem
Brands issue hundreds of billions of dollars in loyalty points every year, and most of that value is never redeemed. Points expire. Issuers devalue them overnight. And they cannot leave the system that created them — earn them with one brand, in one app, in one country, and that is where they stay. For the issuer, the unredeemed balance is a liability that keeps growing on the books with no efficient way to clear it. The industry has enormous scale but no common currency and no common platform. That platform is what we are building.
LIGHT is owned by no brand and favors none. Any issuer can connect. Members link every brand they belong to into one account and see all their balances in one place. Each brand that joins makes every other brand's points more useful — the network effect compounds.
LIGHT is not sold to the public and cannot be bought into circulation. The only way in is to earn points the ordinary way — by buying something real from a participating brand — and redeem them. Every token in circulation traces back to a genuine transaction.
21,000,000 LIGHT were minted once, at deployment. The contract has no mint function, so no one — us included — can issue more. Supply, allocation, circulation and buybacks are readable on Ethereum by anyone, at any time.
02 — Product
The LIGHT exchange is the front door for every brand's points. A member connects a loyalty account from any participating brand, the platform reads that balance and lists it beside the others, and redemption happens at each brand's own published rate. Every redemption, vesting schedule and unlock is visible in the same place. One interface, no matter how many brands or how many countries.
Open the exchangeLinked point balances
16,000 pts
Illustrative only. Each brand sets and publicly discloses its own starting rate, reflecting what its points are actually worth.
03 — How it works
Six steps, identical in every market. Every LIGHT in circulation traces back to a real purchase and passes through the same public rules.
STEP 01
Buy a real product or service from any participating brand, in any market where it operates.
STEP 02
Points are issued under the brand's own rules and recorded in its own system. Nothing changes for the brand.
STEP 03
Connect that loyalty account to your LIGHT account. All the balances you hold appear side by side.
STEP 04
Redeem at that brand's current published rate. The points you spend are destroyed, not returned to the brand.
STEP 05
From the day you redeem, 1/1,000 unlocks every day — about 1,000 days to fully vest. The same schedule for everyone, and no way for us to grant an exception.
STEP 06
Once a whole LIGHT has vested, withdraw it to your own wallet. From there it is yours — hold it, move it, trade it on Uniswap. Entirely your call.
04 — Tokenomics
| Token name | LIGHT |
| Standard | ERC-20 |
| Chain | Ethereum mainnet |
| Total supply | 21,000,000 LIGHT |
| Circulating at launch | < 5% |
| Decimals | 18 |
| DEX | Uniswap (LIGHT/USDT) |
| Exchange rate | Set per brand; initially ~2,000–4,000 points = 1 LIGHT |
| Vesting | 1/1,000 unlocks daily, ~1,000 days to fully vest |
| Supply control | Dynamic threshold + points burned & expired + service-fee buyback |
One continuous formula sets the redemption threshold, and its only input is how much has already left the pool. The formula is monotonically increasing and irreversible: the threshold rises and does not fall back.
Every point redeemed for LIGHT is destroyed, not recycled — the total stock of points shrinks with each redemption. Unredeemed points expire after 24 months. The pool of claims on LIGHT can only get smaller.
We move a set share of the redemption fees we collect into a buyback fund at regular intervals, and use it to buy LIGHT on the open market. Buyback records are public on-chain.
05 — Business model
LIGHT does not replace the relationship between a brand and its members, and does not touch how points are earned. Members already accumulate points inside each brand's own system. We enter at exactly one moment — when a member chooses to redeem those points for LIGHT — and we charge the brand a fee on that redemption. In return, the brand gets an exit for a liability it otherwise could not clear, along with a higher share of points actually redeemed, and better retention. Revenue scales with total redemption volume across every brand, not with any single partner.
06 — Roadmap
One metric matters more than any other: how many brands' loyalty points are live, and across how many markets.
2026 Q2
Next 12 months
Long term
07 — Contract
The contract does one job: hold a fixed supply and move it. Every line of on-chain logic is a line that can be exploited and can never be patched, so vesting, redemption and withdrawal all run off-chain, where they can be fixed. What is on-chain is the part that must never change.
All 21,000,000 LIGHT were minted once, at deployment. The contract has no mint function, so no further issuance is possible.
Supports the standard ERC-20 transfer, approve and transferFrom operations.
Inherits ERC20Burnable. Holders can burn their own LIGHT, reducing total supply accordingly.
08 — Team
LIGHT is built by project contributors: engineering alongside people who have run real businesses. The ability to actually sign a brand and bring its loyalty points live comes from decades of operating on the ground in the markets we enter first.
Project initiator · Twelve years building 3D spatial AI
Systems & infrastructure engineering
Operations & brand partnerships
The full whitepaper — token economics, technical architecture, business model and legal disclosures — in English, Traditional Chinese and Japanese.
2026-08-25 · Whitepaper updated to v2.3