The business model
All open source. No licence fees.
There is no per-seat price, no per-credential price and no charge for verifications. Two things cost money, and neither of them is permission to use the software.
Costs nothing
- The entire source code — inspectable and self-hostable
- Usage itself: no licence, no seats, no maintenance fee
- The number of credentials you issue
- The number of verifications
- Verifiers need no account and no contract
- Leaving us — any time, without reissuing anything
Costs money
Network fees of about USD 0.0001 per event. You pay that to the network, not to us. At 5,000 graduates a year, that is under one euro.
Support & Care optional. You pay for people and commitments — operations, integration, security updates, advice, response times. Not for permission to use the software.
If we want to keep you, we have to be good — not be your licensor.
A worked example
What a graduating cohort costs.
Network fees are denominated in USD and independent of any token price, so this figure does not move with a market.
- Graduates per year
- 5,000
- Network events (issue + revoke headroom)
- ~5,100
- Fee per event
- USD 0.0001
- Licence fees
- None
- Verification fees
- None
Total network cost per year
under EUR 1
Trust is not claimed.
It is calculated.
Let us take one degree programme and show you. Four to six weeks, on the test network, with no production data.
Motseki Khoarai
Team Lead, Open Elements
