Michi Protocol is the first trustless points trading platform, allowing users to trade points from various protocols before their TGE using ERC-6551 (Tokenbound) Accounts. These NFT-owned wallets enable users to deposit tokens, accumulate points, and then sell the wallet to transfer all accrued points. This system eliminates the need for collateral, ensures a trustless transaction process, and guarantees the trade once accepted, offering a secure and fluid market for trading points.