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Buying Credits

The buying credits option allows users to purchase credits, which act as the primary currency for various actions with Unbox’s technology. This straightforward process ensures that users always have the resources they need to engage in mints, token creation, and other activities.

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What is the Price of Credits?

The cost of credits reflects the fees associated with each network. Some networks have a higher fees than others, ensure you use the right network for your purpose! Please note Credits are not refundable.

What do I need Credits For?

Transaction Fees:

  • This fee rewards network operators, maintaining the network’s decentralization and security. Part of your transaction fee is distributed to stake pool operators, enabling the network to function.

Note: Think of this as your “gas fee” (A gas fee is a small charge paid to process and validate transactions on a blockchain network.

Collateral:

  • Collateral is the minimum amount required in your wallet to execute a transaction. It safeguards the network against malicious activity and is refunded immediately once your transaction is confirmed. This amount is temporarily added to every transaction. Think of it as a small security deposit that you get back immediately after completing your transaction.

Note: if a transaction fails you will not get back your collateral, but due to determinism this is a highly unlikely scenario.

Deposit:

  • The deposit is required for using the network. It is embedded into every token you mint and is returned when those tokens are burned. It’s similar to the coin you use in a supermarket trolley—necessary to start but refundable when you’re done.

How to Buy Credits

Step #1

Users start by selecting the number of credits they would like to buy. The different ways users use Unbox Studio can change the number of credits you need to perform actions and changes.

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User will also select the currency they would like to use to buy the credits. This will be dynamic and change based on currency to credit ration.


Step #2

User reviews the amount they will pay and add their payment information. Once all the fields are filled, the user clicks on the Pay button.

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Note:

Stripe processing fees will be included in your purchase.


Step #3

Congratulations! Your payment was successful, and the credits have been added to your account. You’re all set to start using them within the platform.

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After successfully purchasing credits, users can bring their creative ideas to life!

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Transaction History

The Transaction History provides a detailed record of all your credits, purchases, and transfers for full transparency.

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Step #1

Select the wallet you would like to view Transaction History for.


Step #2

After you have selected the specific wallet the screen populates with the transaction history.

Here users are able to filter the history based on specific time frames or search for specific transactions by their number, name, and type.


Step #3

By clicking the ‘…’ you can view the details of each transaction in greater depth and be brought to the on-chain explorer link. (This Feature is Coming Soon.)