Covalence Hero Image

Collaborative ownership empowering organizations and projects


Capabilities of a new paradigm

Valuation and distribution

Enabling projects to perform valuation and distribution.

Tailored to your context

Easily craft a methodology that fits your organization or project, with a range of options to choose from.

Opt-in privacy

Use methodologies where everything is private, leveraging fully homomorphic encryption.

Open source

All code is open source, and we encourage you to contribute to the project.


Leverage dynamic data for powerful methodologies, such as on-chain, off-chain via oracles, etc.

General toolkit

A general toolkit flexibly supporting a multitude of methologies.

How to use

Step 1: Methodology determination

Using Covalence's methodology builder, you can easily craft a methodology that fits your organization or project, with a range of options to choose from.

Step 2: Group uses methodology

The group uses the methodology to track their contributions or other relevant data. This will lead to valuation and distribution.

Step 3: Benefit, iterate

Each participant will benefit from the process. The group can iterate on the methodology to improve it.


Steps image

Use cases

The many useful ways of Covalence

Cap table management

Trustworthy and flexible management of capitalization tables, with support for the tried-and-true valuation models as well as new ones. Create an integrated cap table for multi-stakeholder ecosystem partnerships.

Music and movies

Efficiently and effectively allocate value across an entire production and distribution lifecycle. Incorporate distribution, merchandizing, marketing, and influencing into the overall stakeholder table with dynamic indentive and behavioral models.

Open source

Fairly and transparently allocate value to the entire ecosystem of interdependent software modules and libraries. Understand how different types of incentive models can associate with risk regarding delivery and support of new and existing capabilities.

Fund accounting

Explore new models of mutually reflective shared vested interests between different entities in an entire ecosystem. Invest in a diversified ecosystem fund index, with mutual credit mechanisms for early fungibility and also liquidity.

Open datasets

Data is increasingly less valuable without context and the ability to recontextualize efficiently. Providing dynamic, adaptable and retroactive valuation mechanisms for data, whether public or private, can ensure price discovery and also provenance with privacy.


A toolkit for DAOs to manage their stakeholder tables for governance and issuance. Provide dramatically more transparency regarding risks related to the intersection between different governance models.


Frequently Asked Questions

Dive into the following questions to gain insights into the powerful features that AstroWind offers and how it can elevate your web development journey.

How to use it?

As of late 2023 and early 2024, we are operating in a private alpha stage. We ask you to reach out so we can discuss your requirements and work together closely for success.

What is Covalence?

Covalence is a toolkit enabling tailored equity methodologies for organizations and projects, big and small. It is a new paradigm for collaborative ownership, empowering organizations and projects.

Does it require web3?

It doesn't require web3 to use the service, as one can log in with common authentication providers. That said, Covalence is built on decentralized technologies to offer its full potential.


We are using the AGPLv3 license for the codebase, and the CC-BY-SA 4.0 license for the content. We offer a commercial license for those who need it. Please reach out for more information.

Trusted by

At our core, we believe in collaboration.

Let's talk

Reach out for early partnership, or for any question.