Pricing
Pricing
Pricing Per eSignature Document
We Tether our document service to the price of a US Postage Stamp.
Create or Upload eSignature documents with attachments all within a digital envelope. The size of the digital envelope is tethered to the price of an equivalent First Class US Postage stamp, but instead of in weight it is in memory space (i.e. kilobytes (kB) or megabytes (MB)).
This tether determines the Certicos CERT (ER-20) Token gas fee for submittal to the Blockchain and IPFS storage.
One (1) First Class US Postage Stamp (1 Ounce=28.345 grams) = One (1) digital envelope (up to 500 kB)
Some scenarios as an example of the Certicos Token once traded in the open Centralized Crypto Exchanges (CEX) as it relates to the service price for eSignature documents tethered to the price of a US First Class US Postage Stamp of .67 USDT*. The same works with the Pre-Sale pricing as the user will own the equivalent amount of tokens at a lower cost.
*Certicosign replaces the USD with USDT; and will fluctuate the eSignature envelope pricing to any changes in the US First Class US Postage Stamp.
How Certicosign tethered pricing works
If CERTICOS Token prices goes up, the cost of the Certicosign service goes down:
-> If CERTICOS Token price goes from .067 USDT each to .67 USDT each (10x increase) then the price for one (1) 500kB Digital Envelope will be 1.0000000 CERTICOS.
-> If CERTICOS Token price goes from .067 USDT to 6.67 USDT each (100x increase) then the price for one (1) 500kB Digital Envelope will be 0.10000000 CERTICOS.
-> If CERTICOS Token price goes from .067 USDT to 67 USDT each (1000X increase) then the price for one (1) Envelope transactions will be 0.01000000 CERTICOS.
->If CERTICOS Token goes down we place in a service ‘stop gap’:
If CERTICOS Token price goes from .067 USD to .0067 USD or lower each (-10X decrease) then the price for one (1) 500kB eSignature Digital Envelope will be 100.00000000 CERTICOS.
Certicos Token Pricing versus Certicosign Service Scenarios
Here are some scenarios with regard to Certicos eSignature Document service Token requirements and price fluctuations. The Arbitrum Ethereum Gas Fee can run anywhere from .16 to .28 USDT per document depending on time of day. You will need to do a multisig transaction. See our tutorial section on how to conduct a Web3 transaction.
Scenario #1: You purchase one (1) Certicos Token when available on CEX at $6.67 USDT each.
Let’s say you purchase CERTICOS from a CEX and the price is $6.67 USDT per Certicos, and you purchase one (1) Certicos Token. You could purchase ten (10) documents at the present tethered price of .67 USDT to a US Postage Stamp equivalency.
Scenario #2: You purchase one-thousand (1,000) Certicos Tokens when available on CEX at $.0067 USDT each.
Let’s say you purchase one-thousand (1,000) Certicos Tokens from a CEX and the price is .0066 USDT each. That would equate to 1,000 Certicos x .0067 USDT each = $6.67 CERTICOS/USDT. You could purchase ten (10) documents at the present tethered price of .67 USDT to a US Postage Stamp equivalency.
Scenario #3: You purchase one thousand (1,000) Certicos Tokens at .066 USDT and the price goes DOWN to .0067 USDT
You purchase CERTICOS from a CEX and the the price is .067 USDT per Certicos. You purchase 1,000 Certicos @ .067 USDT each for total of $67 CERTICOS/USDT. This allows you to submit one-hundred (100) eSignature documents (500kB).
Let’s say the CEX price of Certicos Tokens goes DOWN to .0067 USD each (-10X decrease). You can now purchase ten (10) documents which would trigger the document e Service Stop Gap, and that would be the minimum amount of eSignature documents that could be purchased.
NOTE: No manipulation of the price of the Certicos Token; The Service Stop Gap is only with regard to the Service price.
Scenario #4: You purchase one thousand (1,000) Certicos Tokens at .067 USDT and the price goes UP to 6.67 USDT
You purchase CERTICOS from an CEX and the the price is .067 USDT per Certicos. You purchase 1,000 Certicos @ .067 USDT each for a total of $67 CERTICOS/USDT. This allows you to submit one hundred (100) eSignature (10 Certicos Each (500kB File Size).
Let’s say the CEX price of Certicos Tokens goes UP to .67 USD each (10X increase). You can now purchase one-thousand (1,000) documents.