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  1. Fundamentals

Data Credits

Data Credits (DC) on the Wayru Network.

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Last updated 4 months ago

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Data Credits (DC) are the currency used to access premium services on the Wayru Network. They provide a stable and predictable pricing model for paid clients.

Burn Mechanism

DCs are created by burning $0.01 USD worth of $WAYRU tokens, ensuring a direct link between network usage and token value.

Who needs Data Credits

Data Credits are needed for premium services like carrier Data offloading or Premium Captive Portal solutions.

Data Credits Use Cases

Service
1 Data Credit

Usage-based Connectivity

1 Gygabyte

Time-based Connectivity

240 Minutes

How to Acquire Data Credits

Wayru, Inc. sells DCs at higher prices to cover operational costs and provide a convenient service for those unfamiliar with blockchain transactions. This markup compensates vendors for their role as intermediaries and for handling fiat transactions.

By leveraging Data Credits, Wayru ensures that users have a reliable, cost-effective way to tap into the Wayru Network for large telcos and other businesses while supporting the network’s sustainability.

The following articles are good starting points for understanding these concepts:

*Wayru Inc. is the only approved vendor to supply Data Credits.

Burn and Mint Pros and Cons - MVP Workshop
Burn and Mint Equilibrium - Messari
New Models for Utility Tokens - Multicoin Capital