Credyt

Credyt is a wallet-native monetization engine designed for AI. Credyt emerged as AI startups faced pressures from high-usage infrastructure, rising computing costs, and investor expectations for early profitability. Traditional billing systems struggled to meet demands for real-time usage and prepaid credit balances. Its main advantages include supporting any currency unit pricing and real-time charging, providing a billing experience similar to OpenAI, having real-time billing logic and programmable multi-asset wallets, having a flexible pricing engine, and supporting profit tracking, etc. In terms of price, it adopts a usage-based pricing model with no upfront costs and no hidden fees. It includes 10 MAWs per month and charges $1 per MAW. You pay as your business grows. This product is positioned to help AI startups solve billing problems and achieve real-time usage billing and efficient profit management.

Demand group:

["AI startups: AI startups face heavy usage, high computing costs, and investors' requirements for profitability. Credyt 's real-time usage billing and flexible pricing models can better reflect product results and eliminate the need to build complex billing systems by themselves, saving development time and costs.", "Enterprises that rely on AI services: These companies need precise billing and management of AI usage. Credyt 's real-time billing and usage tracking functions can help them control costs, while providing a branded billing portal that improves customer experience.", "Developers: When developers develop AI-based applications, Credyt 's programmable wallet and flexible pricing engine can be easily integrated into the application to achieve automated billing and reduce development workload."]

Example of usage scenario:

An AI image generation startup uses Credyt for real-time billing, charging based on the quantity and cost of generated images, and adjusting price strategies through a flexible pricing engine to improve profitability.

An enterprise uses Credyt to bill its AI-based chatbot services. Customers can check usage and balance in real time in the branded portal, which improves customer satisfaction.

A developer integrated Credyt when developing an AI programming assistance tool and used its programmable wallet and usage tracking functions to achieve automated billing and save development time.

Product features:

Real-time billing function: can bill users immediately when they use the service, and can trigger recharge based on predefined thresholds to ensure that the cost of the AI ​​workload is matched and avoid upfront fees for customers.

Activity stream display function: Display input and output tokens, balance deductions, fee generation and other detailed information in a real-time and dynamic manner, allowing users to clearly understand the fees for each use.

Customer billing portal function: Provides a branded portal similar to OpenAI without front-end development work. Users can view balances, usage and perform recharge operations in real time.

Wallet-native architecture features: Provide each customer with a high-performance wallet that supports functions such as balance, credit, overdraft, and reserves, making billing instant and programmable.

Flexible Pricing Engine Features: Allows the definition of event-based dimensional pricing models that can be adjusted based on product results, without the need to hardcode pricing logic, just send usage events.

Profitability Tracking: Correlate revenue and cost events to workloads to view product results, workload or customer-level profitability in real-time to optimize pricing strategies directly within the system.

Usage tracking function: It can accurately track billable usage, including the number of input and output tokens, model usage, etc., providing accurate data support for billing.

Automatic recharge function: Users can set the automatic recharge threshold and amount, and automatically recharge when the balance is lower than the threshold to ensure continuous use of the service.

Usage tutorial:

Step 1: Visit the Credyt website, click "Sign up" to register and create an account.

Step 2: After logging in to the account, define the pricing model in the system according to your own business needs, including currency units, event types, price rules, etc.

Step 3: Create a wallet for the customer, set parameters such as balance, credit, overdraft and reserve, and turn on the automatic recharge function (optional).

Step 4: In business operations, when a billable event occurs, use the relevant API (such as ` Credyt bill event`) to send the event information to Credyt , and the system will automatically calculate the fee and deduct it from the customer wallet.

Step 5: Monitor customer usage and wallet balance in real time through activity streams and customer billing portals, and handle operations such as recharges and refunds in a timely manner.

Step 6: Check profit tracking data regularly, adjust pricing strategies based on product results and customer feedback, and optimize business profitability.