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How KiVerify is priced

Pricing and Getting Started

Pay for what you verify. Start with one asset.

How pricing works

You fund it.

The owner of the asset pays for verification and chooses which assets are verified. No one else pays for it, and no payment buys any say in what a verification finds.

The price does not depend on the answer.

What you pay does not change with what a verification finds, or with who relies on the record.

One agreement, many assets.

A Client Agreement covers your workspace. You can add assets to it without signing a new agreement.

The Packs

OPK-0, Free to Join

Invited in by an asset owner? You can join KiVerify™ for free. Creating your profile costs nothing, and so does your identity check.

01.
Work where you are invited.

Record and check facts within your role, under your own name, or view the parts of the record the owner shares with you.

02.
Follow the payments.

On the work you are part of, see each payment milestone and the facts it depends on, at the level the owner gives you.

03.
Get verified once.

You verify your identity once, when you join. When another owner invites you later, you do not go through it again.

04.
Nothing to pay.

The owner whose workspace you work in pays for your activity there.

05.
Ready when you are.

To verify an asset of your own, sign a Client Agreement and choose a pack, or pay as you go.

Pricing and Getting started

The Packs

Invited
Essentials
Program
Portfolio
Operating Pack
Annual plans are billed in advance, 10% below 12 monthly payments.
InvitedEssentialsProgramPortfolio
OPK-0
Free
Free /yr
OPK-1
$999/mo
$10,790 /yr
OPK-2
$2,500/mo
$27,000 /yr
OPK-3
$5,000/mo
$54,000 /yr
OPK-4
$10,000/mo
$108,000 /yr
OPK-5
$20,000/mo
$216,000 /yr
OPK-6
$35,000/mo
$378,000 /yr
Monthly allowances
Workspaces
Profile only
1
1
1
1
1
1
Attestations
Per invite ⁵
225
1,000
2,400
5,000
10,000
15,000
Verification Events ¹
Per invite ⁵
75
333
800
1,666
3,333
5,000
Authorization Actions
Per invite ⁵
125
500
1,200
2,500
5,000
7,500
Identity checks, individuals (KYC) ²
0
10
20
25
50
120
250
Identity checks, entities (KYB) ²
0
15
25
50
100
240
500
Active storage credit (GB equivalent) ³
0
500
750
1,000
2,000
4,000
5,000
Document export, by request (GB)
0
500
750
1,000
2,000
4,000
5,000
Product SKUs listed ⁴
0
10
20
25
50
100
500
Training and Support
Not included
Per scope
Per scope
Per scope
Per scope
Per scope
Per scope
Consulting Services
Not included
30 min
30 min
30 min
30 min
30 min
1 hour
Annual plans are billed in advance, 10% below 12 monthly payments.

¹ Calculated at three Attestations per Verification Event, rounded down. The quorum for any node is set by the applicable Verification Standard (AUVP §6.4).

² Identity checks for Users a Client invites to its Workspace.

³ Active storage is metered from the first GB; each pack includes a monthly credit equal to the listed gigabytes at the Section 6 rate.

⁴ The number of SKUs a Client may list each month. Each listed SKU carries the Marketplace SKU Fee (Section 6). Verification of a SKU is purchased separately and draws on the pack’s other allowances.

⁵ Drawn from the inviting Client’s Operating Pack and billed to the Client that holds the Workspace (Section 7(c)).

Prices exclude taxes (TOS §8.3). The Verification Fee in Section 6 applies in addition to any Operating Pack.

Retention Pack

For owners whose active phase of verification is complete. When the active phase ends, Covenantz, Inc. directs the Asset DNA™ record to long-term storage within the Ecosystem. The record stays archive-resident, and verified status holds while it stays and fees are current. The Retention Pack includes no verification allowances. Node verification on request is charged at the per-use rates in Section 6, or the owner moves to an Operating Pack. Any discount against the published rates is set in the Client Agreement. Infrastructure cost is included in the published price of an Operating Pack. For an Asset in retention it is agreed with the Client as part of the Retention Pack price.

Item
Retention Pack
Workspaces
1
Node verification on request (Attestations, Verification Events, Authorization Actions)
Pay-as-you-go, at Section 6 rates
Invitations
View-only participants, unlimited. No Attestor invitations.
Long-term storage
Long-term storage and deep storage are both available under this pack, at the rates in Section 6
Allowances
No identity check allowance, for the Client or for invitees. No Verification Event, Attestation or Authorization Action allowance, no Attestor invitations, and no active storage credit. Document export is charged at the Document Export Fee in Section 6. SKU listing and integration services are not available under this pack.
Retrieval from deep storage
By request; fees may apply by volume. Deep storage rates are set per Client on request.
Audit Log Export
Any time, at no charge
Permissioned access for lenders, insurers, and buyers
Included
Transfer on sale of the Asset
Available on request; rights-based, as set out in the Client Agreement
Rails, Objective Node Mapping, Global Product Library, templates, Training and Support, Consulting Services
Not included
Price
Metered, and charged per event, billed monthly. Set per Client. Storage is charged at the Section 6 rate for the tier the record is held in, per GB per month. There is no annual option.

Fees in Effect

Fee description
FeeFee · Who pays
Who pays
When assessed
Onboarding
FeePer Client ScopePaid by Client
Who paysClient
When assessedAs stated in the Client Agreement.
Verification Event Fee
Fee$3.75 minimumPaid by Client
Who paysClient
When assessedOn each Verification Event recorded in the Audit Log, including verified payments. The fee is $1.25 for each Attestation or Authorization Action the event requires, the number required is set by the applicable Verification Standard. The minimum stated is a billing calculation and does not set the quorum. Every event, within a pack or beyond it, counts toward the Workspace’s tier count.
Attestation
Fee$1.25Paid by Client
Who paysClient
When assessedCounted within the Verification Event Fee. No separate charge.
Authorization Action
Fee$1.25Paid by Client
Who paysClient
When assessedCounted within the Verification Event Fee. No separate charge.
Identity check, individual (KYC)
Fee$10.00Paid by Client
Who paysClient
When assessedOn each identity check of an individual the Client invites, whether or not the check is passed. Invitations are unlimited.
Identity check, entity (KYB)
Fee$37.50Paid by Client
Who paysClient
When assessedOn each identity check of an entity the Client invites, whether or not the check is passed. Invitations are unlimited.
Active Storage Fee
Fee$0.15 per GB per monthPaid by Client
Who paysClient
When assessedMonthly, on active storage held.
Long-Term Storage Fee
Fee$0.05 per GB per monthPaid by Client
Who paysClient
When assessedMonthly, on long-term storage held. Storage is billed in whole gigabytes, and a partial gigabyte is rounded up to the next whole gigabyte.
Long-Term Retrieval Fee
Fee$0.075 per GBPaid by Client
Who paysClient
When assessedOn each retrieval request, on the Client’s written authorization.
Document Export Fee
Fee$0.05 per GBPaid by Client
Who paysClient
When assessedOn each export, by volume.
White Glove Service
Fee$250 per hourPaid by Client
Who paysClient
When assessedOn each hour worked, where elected in the Client Agreement, and for Training and Support beyond the Client’s scope.
Records Custodian Certification, expedited
Fee$1,500 per requestPaid by Client
Who paysClient
When assessedOn each request for production within five calendar days. Standard production within thirty calendar days carries no fee.
Wallet Reserve
FeeAmount set in the Client Agreement.Paid by Client
Who paysClient
When assessedHeld in the Client’s own wallet with its third-party provider. Pay-as-you-go fees, including usage beyond a pack allowance, are deducted as incurred, and the Client replenishes it to the recorded amount. Covenantz, Inc. notifies the Client when the balance falls below the replenishment level set in the Client Agreement. It may also be drawn on for the Verification Fee where the Client Agreement so provides. It is not itself a fee.
Marketplace SKU Fee
Fee$3.00 per SKU per monthPaid by Client
Who paysClient
When assessedMonthly, on each SKU listed in the Marketplace. The fee is for the listing only. It does not include verification of the SKU, which is purchased separately through an Operating Pack, or Digital Product Passport (DPP) classification. A pack sets how many SKUs may be listed, and a Client may buy more listings separately.

Disclosures

Topic
Disclosure
Not in the flow of funds
Covenantz, Inc. does not receive, hold, custody, transmit, disburse, or direct Client or User funds or digital assets. Any wallet is operated by a third-party provider under its own terms (TOS §§3B.3, 5.5, 18.1).
Regulatory position
Unless an executed agreement states otherwise, Covenantz, Inc. is not a money services business, virtual asset service provider, payment processor, financial institution, custodian, or financial advisor (TOS §18.1).
What verification is not
Verification outputs are not AML or sanctions determinations, financial certifications, legal opinions, investment assessments, or guarantees of regulatory compliance (TOS §18.1).
Refunds and disputes
Verification-related fees become non-refundable once the applicable Verification Workflow or service is complete. Fee disputes must be submitted in writing within thirty calendar days of the invoice date (TOS §5.4).
Payment terms
Invoiced fees are due within thirty calendar days. Functionality may be suspended for a payment default not cured within ten calendar days of written notice (TOS §8.2).
Taxes
Fees exclude applicable taxes, which the Client bears (TOS §8.3).
Functionality
Some functionality may be in limited release or not yet activated. Functionality described as planned, pilot, or “where available” is not guaranteed until activated (TOS §2).
Precedence
Fees recorded in a Client Agreement are not overridden by changes to this Fee Schedule (TOS §2).

The Verification Fee. Each verified payment also carries a Verification Fee. Your Client Agreement records the rate that applies to you.

The current KiVerify™ Fee Schedule and your Client Agreement govern.

Fee Schedule
Welcome to KiVerify

Getting started

01.
Talk to KiVerify.

Describe the one asset you want to start with.

02.
Get verified.

Everyone inside KiVerify is verified before they enter, and you are no exception.

03.
Open your workspace.

Sign your Client Agreement and choose your pack.

04.
Add your first asset.

Choose what to verify first.

05.
Invite your team.

Bring in the people already working on the asset. They record and check the facts under their own names.

06.
Invite the people who price it.

When you are ready, let your lender, insurer, or buyer see the record, at the level you choose.

Can I start with one asset?

Yes. Your workspace can hold one asset or many, and you can add more at any time.

Who pays the people who check the facts?

No one is paid to verify. The professionals already working on your asset record and   check facts as part of the job they already hold.

Can I take my history with me?

You can export and download your asset’s full verification history at any time, as it stands at that moment.

Can I leave?

Yes. You can leave KiVerify at any time on request. When you do, the asset stops holding verified status.