What is Subscrypts?¶

Subscrypts is a blockchain-based subscription management protocol deployed on Arbitrum One (Ethereum Layer 2). It enables merchants to offer recurring payment services using the SUBS ERC-20 utility token, with every payment automated by smart contracts. The protocol requires no personal data, charges only a 1% platform fee, and is aligned with the EU Markets in Crypto-Assets Regulation (MiCAR).

Think of it as Stripe for Web3 — the same concept of automated recurring billing, but instead of credit cards and bank accounts, payments flow directly between crypto wallets using smart contracts on a public blockchain.

How It Works — In 30 Seconds¶

1. A merchant creates a subscription plan on-chain (e.g., "$10/month for premium access")
2. A subscriber connects their wallet and subscribes — one transaction, no personal data
3. The smart contract automatically processes payments each billing cycle
4. The merchant receives 99% of each payment in SUBS tokens; 1% goes to the protocol treasury
5. Integrated services (like the Discord Bot) instantly grant or revoke access based on subscription status

That's it. No intermediaries, no chargebacks, no credit card processors.

The Ecosystem¶

Subscrypts is more than one contract — it's a complete ecosystem for managing subscriptions:

flowchart TD
    subgraph Users["Users"]
        S["Subscriber (wallet)"]
        M["Merchant (wallet)"]
    end

    subgraph OnChain["On-Chain (Arbitrum One)"]
        SC["Smart Contract Suite"]
        Token["SUBS Token"]
        DEX["Uniswap V3 Pool"]
        Treasury["Protocol Treasury"]
    end

    subgraph OffChain["Off-Chain Interfaces"]
        DApp["Subscrypts dApp"]
        Bot["Discord Bot"]
        SDK["React SDK"]
        Custom["Your Custom App"]
    end

    S -->|"Connect wallet"| DApp
    S -->|"Link wallet"| Bot
    M -->|"Create plans"| DApp
    M -->|"Map roles"| Bot

    DApp -->|"Read / write"| SC
    Bot -->|"Read state + events"| SC
    SDK -->|"React hooks"| SC
    Custom -->|"ABI calls"| SC

    SC -->|"Settle payments"| Token
    SC -->|"Price lookup"| DEX
    SC -->|"1% fee"| Treasury

Key Numbers¶

What Makes Subscrypts Different?¶

Compared to Traditional Platforms (Stripe, Patreon, PayPal)¶

• 1% fee instead of 2.9% + $0.30 (Stripe) or 5–12% (Patreon)
• No personal data — no names, emails, card numbers, or addresses collected
• No chargebacks — payments are final and settled on-chain
• Global access — anyone with a crypto wallet can subscribe, regardless of country or banking status
• Instant settlement — merchants receive funds immediately, not in 2–7 business days
• Full transparency — every transaction is verifiable on the public blockchain

Compared to Other Web3 Solutions¶

• Discrete billing cycles (monthly, quarterly, yearly) rather than continuous token streaming
• Fiat-denominated pricing — merchants can price plans in USD while settling in SUBS
• Discord-native integration — the only protocol with a built-in, multi-tenant Discord bot for community monetization
• MiCAR compliance — designed from day one for EU regulatory alignment
• Non-custodial USDC payments — subscribers can pay with USDC, which is atomically swapped to SUBS in a single transaction via Permit2 + Uniswap V3

How Payments Work¶

Subscrypts uses a burn-and-mint settlement model:

1. When a subscriber pays, the contract burns the required SUBS from their wallet
2. It then mints 99% to the merchant and 1% to the protocol treasury
3. This atomic operation means the merchant receives funds in the same transaction — no intermediaries, no delays

For USD-denominated plans, the smart contract checks the real-time SUBS/USDC exchange rate from the Uniswap V3 pool and calculates how many SUBS are needed to match the dollar amount.

Subscribers who hold USDC instead of SUBS can still pay directly — the contract uses Permit2 for gasless approval, swaps USDC to SUBS via Uniswap V3, and completes the subscription in a single transaction.

Who Is Subscrypts For?¶

Merchants and creators who want to:

• Accept recurring crypto payments with minimal fees
• Monetize Discord communities with automated access control
• Reach a global audience without banking restrictions

Subscribers who want to:

• Subscribe to services without sharing personal data
• Stay in full control of their payments (cancel anytime, no lock-in)
• Use crypto wallets instead of credit cards

Developers who want to:

• Build subscription-powered applications with the React SDK
• Listen for on-chain events to automate access and fulfillment
• Integrate decentralized billing into existing platforms

Next Steps¶