Mycelium Credits

Mycelium Credits (MC) is the foundation of our marketplace's credit-based economy, providing a seamless and flexible currency system for all transactions.

MC as Default Currency

MC (Mycelium Credits) is the default base currency for all new users. 1 MC = 1 USD for familiar pricing - you see equivalent values in your preferred display currency.

What is Mycelium Credits?

Mycelium Credits represents the core of our marketplace's innovative credit economy:

  • Base Currency: All internal calculations and balances are maintained in MC
  • Flexible Display: View prices and balances in your preferred currency (MC, USD, EUR, CAD, AED)
  • 1:1 Exchange Rate: For USD users, 1 MC = 1 USD - no conversion confusion
  • Credit Foundation: Built for future expansion of credit-based marketplace features

Currency Flexibility

While MC is our base currency, we understand users have different preferences:

  • Display Preference: Choose how you want to see prices and balances
  • Real-time Conversion: Automatic conversion for non-MC currencies
  • Consistent Balance: Your credit balance remains the same regardless of display currency
  • Supported Currencies: MC, USD, EUR, CAD, AED

How to Change Your Currency Preference

Changing your display currency is simple and can be done at any time:

  1. Navigate to your Dashboard Settings
  2. Find the "Currency Preference" section
  3. Select your preferred display currency from the dropdown
  4. Save your changes - the update applies immediately

Auto Top-up

Configure automatic credit purchasing for seamless marketplace experience:

  1. Go to your Wallet
  2. Enable Auto Top-up in the settings section
  3. Set your threshold (e.g., when credits fall below 10 MC)
  4. Set your top-up amount (e.g., purchase 25 MC when triggered)
  5. Choose your payment method

Versatile Purchase Options

The marketplace offers two convenient ways to purchase products:

  • Buy Now: Instant one-click purchase with automatic balance management and auto top-up integration
  • Add to Cart: Traditional shopping cart experience for purchasing multiple items together
Best of Both Worlds: Use "Buy Now" for quick single purchases, or "Add to Cart" when you want to compare multiple products or make bulk purchases.

Technical Details

For developers and advanced users:

  • Base Currency: All marketplace operations use MC internally
  • Display Layer: Currency preference affects only the presentation layer
  • API Consistency: Internal APIs work with MC values
  • Exchange Rates: Real-time rates for non-MC display currencies

Getting Started with MC

  1. Create your Mycelium Marketplace account (defaults to MC)
  2. Add credits to your wallet (purchased in your preferred currency)
  3. Browse the marketplace (prices shown in your display currency)
  4. Click "Buy Now" for instant purchases
  5. Change currency preference anytime in Settings
Seamless Transition: Existing USD users experience no functional changes. Your balance and purchasing power remain identical.