Read & Reap
You value knowledge—we value you. Every book you read earns you Waisa Points from our Series 1 allocation of fifty million points. These points unlock exclusive benefits within our ecosystem: discounted purchases, redeem for free subscriptions, request specific books, and special community privileges.
Plus, Series 1 members will have the exclusive opportunity to convert points into company shares down the road. Because honestly? Your love for reading deserves way more than just a bookmark. It deserves recognition, real utility, and the chance to grow with us.
How to Earn Points
Sign up Bonus
Starter Membership: 500 Points
Prime Membership: 1,000 Points
Book Care Multiplier
1.2x multiplier for returning books
in excellent condition.
Pages Read
Basic: 0.5 points per page, Plus: 0.75, Prime: 1.0
(e.g. Basic, 300-page book = 150 points)
Referral Bonus
Earn 500 points
for every successful referral.
Review Multiplier
1.1x per book reviewed.
(one-time per book)
Fast Return Bonus
Return high-demand books within two weeks of borrowing and enjoy a 1.2x multiplier on the book.
Points Calculation Examples
Ivy (Basic Member)
Ivy, a Basic member, signs up and in her first month of membership, reads a 500-page novel, reviews it, and returns it in pristine condition. Her points are calculated as follows:
➤ Sign-Up Bonus: 500 Points
➤ Referral Bonus: 500 Points (She refers a friend)
➤ Pages Read: 500 pages × 0.5 (0.5 points per page)
➤ Multipliers: Review (1.1×) and Book Care (1.2×)
Calculation:
500 + 500+ (500 × 0.5 × 1.1 × 1.2) ≈ 1,330 Waisa Points
Jessy (Plus Member)
Jessy, a Prime Member, signs up in his first month, reads a 500-page thriller, leaves a review and returns the book in good condition. His points are calculated as follows:
➤ Sign-Up Bonus: 800 Points
➤ Referral Bonus: 500 Points (he refers a friend)
➤ Page Points: 500 pages × 0.75 (0.75 points per page)
➤ Multipliers: Review (1.1×) and Book Care (1.2×)
Calculation:
800 + 500+ (500 × 0.75 × 1.1 × 1.2) ≈ 1,795 Waisa Points
Fred (Prime Member)
Fred, a Prime Member, signs up and in his first month, reads two 500-page high-demand page turners, reviews and returns them in good condition. He also refers a friend. His points are calculated as follows:
➤ Sign-Up Bonus: 1000 Points
➤ Referral Bonus: 500 Points (he refers a friend)
➤ Page Points: 500 pages × 1.0 (1 point per page)
➤ Multipliers: Review (1.1×), Book Care (1.2×), Fast Return (1.2x)-books returned within 2 weeks.
Calculation:
1000 +500+ (500 × 1.0 × 1.1 × 1.2 x 1.2) + (500 × 1.0 × 1.1 × 1.2 x 1.2) ≈ 3,084 Waisa Points
❖ Redeem
Accumulate points to unlock exclusive privileges.
- Redeem 8,000 points for one free month of subscription or to request a specific book that’s not in stock—one that we’ll purchase so you can be the first to read it.
- With each additional 8,000 points, your rewards increase; for example, 16,000 points yield two free subscription months or two book requests, and so on.
❖ More Benefits
- Rank high in the leaderboard for a chance to earn more points
- Get exclusive discounts on certain purchases
- Accumulate and convert points into shares later.
The Clock's Ticking...
Get in early and stack up points while the rates and bonuses are crazy good. Won’t be like this forever.
Don’t miss out!
FAQs
1. Do points expire?
No, Waisa Points do not expire. Once earned, they remain in your account indefinitely and can be used for rewards, conversions, or saved for future opportunities.
2. Why are points limited?
Series 1 has a limited allocation of 50 million points to create meaningful value for our founding members. As our reading community grows and reaches new milestones, we’ll release additional point series to welcome more book lovers while maintaining the exclusive benefits that Series 1 members enjoy.
3. What’s the conversion ratio of points to tokens?
Series 1 members can convert points to company shares at a ratio of 5 points to 1 share, with a minimum conversion of 10,000 points (2,000 shares). Conversion will be available after Series 1 points are fully allocated or after 5 years, whichever comes first.
4. How do I earn points?
You earn points, mainly, by reading physical books shipped to you. Points are awarded based on the number of pages read: 0.5 points per page for Basic members, 0.75 for Plus members, and 1.0 for Prime members.
