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COVI & ELUV · participation layer

Participation that grows with the ecosystem.

Pre-launch · nothing is live yet Contracts publish after independent audit

COVI and ELUV are ConstructFi's participation layer—not the reason the ecosystem exists. ConstructFi leads with useful products and real-world value. COVI and ELUV are designed to recognize eligible participation, support defined access and member experiences, and connect people more deeply to the ecosystem as it grows.

COVI
COVI
Ecosystem utility layer

Built for participation across the construction ecosystem.

COVI is designed to recognize eligible activity across Covington, ConstructFi, construction commerce, learning, games, and participating products. It may support access to defined features, experiences, promotions, and member benefits as programs become available.

ERC-20 · Built on Base, settled to Ethereum · fixed cap 10,000,000,000

"My meaningful activity in the construction ecosystem can be recognized and connected."

ELUV
ELUV
Recognition layer

Built to recognize progress in real estate.

ELUV is designed to recognize meaningful participation in the Eluvial ecosystem, including learning, skill development, engagement with real estate tools, community participation, and eligible programs. It may support access to defined educational experiences, tools, member opportunities, and community benefits as the platform evolves.

ERC-5192 minimal soulbound over ERC-721 · Built on Base · non-transferable, no cap

“My learning and growth in real estate can unlock deeper participation.”

01 Side by side

One is transferable. One never leaves you.

That single distinction determines almost everything else about how the two behave.

COVI
Utility
ELUV
Credential
Standard
ERC-20
ERC-5192 minimal soulbound, over ERC-721
Transferable
Yes — it moves between wallets
No — bound to the address that earned it
Network
Base, settled to Ethereum
Base
Supply
Fixed cap of 10,000,000,000
No cap — issued per verified milestone
What it recognizes
Eligible commerce and activity across the ecosystem
Learning, skill development, and verified progress
Where it appears
Marketplace commerce, games, member programs
Academies, tools, community and program access
What it never confers
No equity, no revenue share, no financial rights
No financial rights of any kind, and no resale value
02 How it works

Activity is verified before anything is recognized.

01

Activity

You do something real in a product — complete a track, run a scope, close a purchase order, finish a level.

02

Verification

The product confirms the activity against its own rules. Nothing self-reported is eligible.

03

Recognition

Verified activity is recorded. Commerce recognizes in COVI; progress recognizes as an ELUV credential.

04

Access

Recognition can unlock defined features, experiences and member benefits as programs are published.

A worked example

One member, one track, from activity to access.

Illustrative only. Nothing described here is live, and the figures are placeholders until programs are defined.

01
A member completes Single-Family Investment Strategies
Twenty modules in Eluvial Academy, each closing with a scored quiz, then a final exam passed at 80%. No self-assessment.
02
The Academy verifies the track
Completion is scored against the curriculum, not claimed. An incomplete track produces nothing.
03
An ELUV credential is issued to their wallet
Non-transferable and permanent. It states what they finished and cannot be bought, sold, or lent.
04
The credential opens the next tier
Graduate pricing on Build or Busted and ConstructFi, coaching, and programs the credential is a prerequisite for.
05
Their commerce is recognized separately
If the same member later sources a scope through the marketplace, that activity recognizes in COVI. The two never substitute for each other.
03 Modular partner approach

Participation is optional, and scoped per program

Government program No token layer by default; use standard profiles, eligibility, applications, progress tracking, or credentials.
Nonprofit learning program Non-transferable badges, progress credentials, and member recognition.
Workforce initiative Course completion, verified skills, employer pathways, and credentials.
Private marketplace Loyalty points, member tiers, access benefits, and potentially COVI only after review.
Construction community Eligible COVI participation programs, product access, events, and ecosystem experiences.
Real estate education community ELUV-based recognition, progress, access, and educational/community benefits.
What COVI and ELUV are not

Stated plainly, because the difference matters more than the marketing.

Not an investment

Neither token is offered as an investment, and nothing here is an offer to sell or a solicitation to buy any token, security, or financial instrument.

Not income or yield

There is no dividend, no revenue share, no APY, and no projected return. COVI recognizes activity that already happened.

Not a stake in the business

Holding either token confers no equity, no ownership of Covington or Eluvial operations, and no governance over them.

Not a guarantee

Programs, benefits and access are defined per program and may change. ConstructFi does not guarantee any profit, return, or financial outcome.

04 Status

Where each capability actually stands

Nothing on this page is live. Every on-chain capability is gated behind independent audit, and every program is gated behind a defined ruleset.

Token contracts Pre-audit Addresses publish only once independent audit completes.
Wallet connection Preview Connect flow is demonstrable; it reads no live balance.
COVI recognition Not live Eligibility rules are defined per program before any recognition occurs.
ELUV credentials Not live Issuance waits on the audited contract and published curricula.
Member programs In design Scoped per partner and per product, opt-in in every case.
Dashboards Illustrative Every figure shown ahead of launch is placeholder data, marked as such.
05 Wallets

Non-custodial by default

COVI and ELUV live in a wallet you control — MetaMask or any WalletConnect-compatible wallet, on Base. ConstructFi never holds participant keys or funds.

Connect Wallet
1 Connect wallet MetaMask or any WalletConnect-compatible wallet, on Base.
2 KYC / allowlist Identity and eligibility checks required before any compliant token activity.
3 Build or Busted Complete a deal analysis to start building a readiness record.
4 Dashboard See eligible activity and milestone progress in one place.
5 Marketplace Eligible activity connects to products, procurement, and programs across the ecosystem.
What a holder sees

Two entries in a wallet you control: a balance you can move, and a credential you cannot. The credential is bound to the address that earned it.

Preview · illustrative data Base
COVI · transferable Balance
14,820
ELUV · soulbound Non-transferable
Underwriting fundamentals
Issued to 0x7f3a…c091
06 Questions

The things people actually ask

Do I need a wallet to use ConstructFi?

No. Every product works without one. A wallet is only needed if you want to hold COVI or an ELUV credential, and that is opt-in.

What happens if I lose access to my wallet?

ConstructFi is non-custodial and never holds your keys, so we cannot restore a lost wallet. Back up your recovery phrase before holding anything.

How is COVI funded?

Recognition is funded by real commerce through the verified supplier network and the recycled fee pool — not by minting new supply. The cap is fixed.

What is the difference between COVI and ELUV?

COVI is an ERC-20 utility token used for commerce and rewards — it moves. ELUV is an ERC-5192 soulbound credential — non-fungible, non-transferable — minted one per verified milestone. It proves. COVI is spendable; ELUV is permanent proof of progression.

Is COVI an investment?

No. COVI is a utility and consumption token used inside the platform for eligible purchases and participation rewards. It is not offered as an investment, carries no promise of profit, return, yield, or appreciation, and nothing on this site is an offer to sell or a solicitation to buy a security. Any token sale will occur only under a compliant exemption with KYC/AML.

When will COVI be tradable?

COVI is not tradable today. Contract addresses are published only after independent audit, and the platform launched September 9, 2026. Distribution is gated by KYC/AML with lockups per tranche. Do not trust any token or address claiming to be COVI before an audited address is published through official ConstructFi channels.

Can I sell or transfer an ELUV credential?

No. ELUV follows ERC-5192 — non-fungible, non-transferable. Once minted to your address it cannot be sold, traded, gifted, or moved. It is earned only, through verified progression. It confers no financial rights and no claim on revenue or assets.

Which chain does ConstructFi use?

Built on Base, settled to Ethereum. Base keeps transaction costs low for everyday participation while settling to Ethereum. You will need your wallet set to the Base network to interact with the platform.

Is my data safe, and what is stored on-chain?

Verification documents are handled off-chain by the compliance process and are never written to a public ledger. What goes on-chain is minimal: milestone credentials and reward records tied to your wallet address. The platform is non-custodial, so it never holds your funds or your keys. See the Privacy Policy for full detail.

Contract addresses publish only after independent audit — see Developers. Dashboards shown ahead of launch are marked "Preview — illustrative data" and are not a live wallet read.