teckel: Pricing

Every creation and most transactional uses of the teckel Ethereum smart contracts incur a flat fee, in addition to Ethereum gas fees, regardless of contract type.  In the case of minting tickets (contract symbol: TIQYU), only a single flat fee (in addition to Ethereum gas fees) is charged regardless of the number of tickets minted. teckel never charges a percentage of the underlying asset.

In exchange for ether, teckel offers “teckel credits” which can be used to purchase IPFS bandwidth, pinning and storage, and Ethereum RPC server calls. Private group messaging can also be purchased with teckel credits, although general and barter messaging is free. teckel credits are nonrefundable, never expire, and can be used on a pay as you go basis. See our free offer below.

teckel Ethereum Smart Contract Fee

Ether (ETH)

0.000325 (~$1.00)

— Each execution of a teckel Ethereum smart contract incurs this fee in addition to Ethereum gas fees. (However, some contract executions do not incur a teckel smart contract fee.)

— Currently, the teckel Ethereum smart contract fee is approximately $1.00 (USD).

teckel Credit (tc) Unit Cost*

Ether (Gwei)

1 (~$0.00000325)

IPFS Bandwidth:  10,000 tc / GB upload (avg. 1 Gb/Hr max.; free download)

IPFS Pinning:  25 tc / GB-Hr (10GB max. per individual file)

Coming soon… RPC Server Calls:  3 tc / Call (300/minute max.)

Private Group Chat:  1 tc / Character (600/minute max.)

Free Offer: Each newly created or imported Ethereum wallet address in the teckel App is automatically granted a free allocation of 50,000 teckel credits which can be used for any of the above services.

— Currently, the teckel credit unit cost is approximately $0.00000325 (USD).

* teckel credits are nonrefundable, never expire, and cannot be used for teckel smart contract fees.

To purchase teckel credits (tc) or view your balance, download the teckel App and navigate to your teckel wallet within the App. You will be rewarded 50,000 teckel credits for each new wallet address that you create or import into the teckel App.