Platform Fees
We take care of everything.
Calling blockchain smart contracts requires funds: “It is the fuel that allows it to operate”.
Fees compensate miners for their computational efforts in processing and securing transactions on the network. They are fundamental to the blockchain's sustainability, security, and efficiency, ensuring the network remains robust and decentralized.
Blockchain Web Services (BWS) aims to transform the blockchain market by making innovative solutions accessible to a broad audience, including those without technical or Web3 experience.
At the core of our ecosystem, we're launching the $BWS token, which is used to fund developers and ensure ongoing platform maintenance.
By utilizing $BWS, we incentivize continuous innovation and improvement, fostering a vibrant developer community. Our intense engagement with developers is crucial, as it enables the exponential growth of diverse and scalable blockchain solutions tailored to meet the needs of both businesses and everyday users.
Interacting with blockchain requires paying fees, so it's important to understand how Blockchain Web Services manages those fees to offer the best user experience to our customers.
In any scenario, we handle all the blockchain complexities. You interact with the blockchain(s) we support using our simplified API, and you don't need to worry about anything other than naming the blockchain you want to use.
If you haven't entered your credit card, you can test our blockchain solutions for free using the Mumbai or Sepolia test networks.
You can run 100 blockchain transactions for free.
We use our token pools to pay network fees, and you are not charged.
Using test networks does not consume $BWS tokens.
Once you move into subscription mode by entering your credit card details,
You can run 1000 testnet transactions for free.
When running on main networks, we do real-time trading, convert US dollars to the required network token, and pay the fees for you. You will then be charged for those fees on your next bill, using 0.01 USD as the minimum billable unit.
Every solution requires $BWS tokens to execute and fund the developer's community and platform maintenance. Please read the platform White Paper to know more about the $BWS token and its tokenomics.
Pricing Example
Suppose you subscribe to Blockchain Web Services and want to create 100 new NFTs on the Polygon blockchain using BWS.NFT.zK to create the NFTs, and BWS.IPFS.Upload to save your images to IPFS.
Creating those 100 NFTs will cost you:
Your next bill will show an extra 2 USD to your monthly plan.
HOW MUCH IT COST CALLING A SOLUTION? Select Cost Estimates from your account menu to check for network fees. Then, you can easily calculate the cost of your application.
How do I pay those Fees?
Every time we trade USD to pay for your transaction fees, we add those fees as credit usage to your next bill.
BLOCKCHAIN CREDIT FEE We use the Blockchain Credit Fee as the minimum billable unit, 0.01 USD. If, for example, you spend 2 USD creating NFTs, we will add 200 blockchain credit fee units to your next bill.
To check your current monthly cost, go to the Billing menu and check your credit usage.
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