📋Glossary
A
Accredited Investor Under US securities law, an individual with $200k+ annual income or $1M+ net worth (excluding primary residence). Investor NFT tiers may have accreditation requirements depending on jurisdiction.
Adaptive Reuse Renovating existing buildings for new purposes rather than demolishing and building new. Preserves embodied energy and reduces waste. See Adaptive Reuse.
AML (Anti-Money Laundering) Regulatory requirements to prevent illicit funds from entering financial systems. Investor NFT purchases require AML verification.
Angel NFT Soul-bound NFT for investors at the $10k-$250k level. Provides BLTBY purchase discounts and governance multipliers. See Angel Tier.
Apprentice Level 1B membership rank. A member learning with a mentor on small, scoped tasks. See Apprentice Rank.
B
Base Ethereum Layer 2 network where Built By DAO's smart contracts are deployed. Provides low transaction costs with Ethereum security. See Architecture.
Battle Buddy An experienced member paired with new members during onboarding to provide guidance and support. See Onboarding.
BLTBY Token The external ERC-20 token used for investment, trading, and proposal stakes. Maximum supply of 7 billion. See BLTBY Token.
BLTBYBank Smart contract for public BLTBY token purchases. Accepts multiple stablecoins and ETH. See BLTBY Bank Contract.
C
Circular Economy Economic model where materials are recovered, reused, and recycled rather than discarded. Core principle of The Foundry. See Circular Economy.
Contributor Level 2 membership rank. A reliable individual contributor working on scoped tasks independently. See Contributor Rank.
Crew Lead Level 4 membership rank. Leads a 3-4 person pod within the organization. See Crew Lead Rank.
D
DAO (Decentralized Autonomous Organization) An organization governed by smart contracts and member voting rather than traditional corporate hierarchy. See Governance.
DAO LLC A legal entity structure recognized in Wyoming that combines DAO governance with limited liability company protections. Built By DAO operates as a Wyoming DAO LLC.
DAOMembershipNFT Soul-bound NFT that represents a member's identity and rank within Built By DAO. See Membership NFT.
Deconstruction Carefully disassembling buildings to recover materials for reuse, as opposed to demolition which destroys materials. See Construction Practices.
DEX (Decentralized Exchange) A cryptocurrency exchange operating via smart contracts without centralized control. BLTBY can be traded on DEXs like Uniswap on Base.
E
ERC-20 Ethereum token standard for fungible (interchangeable) tokens. Both BLTBY and EQTBLT are ERC-20 tokens.
ERC-721 Ethereum token standard for non-fungible tokens (NFTs). Membership and investor NFTs use this standard.
EQTBLT Token Internal, non-transferable token earned through contribution. Used for governance weight and spending at DAO businesses. See EQTBLT Token.
Equity-Building Lease Housing arrangement where a portion of rent (7-12%) is converted to EQTBLT tokens, building ownership over time. See Equity Leases.
F
Forge, The Zone in The Foundry for heavy-duty fabrication and manufacturing. See The Forge.
Foundry, The Built By DAO's network of physical regenerative development hubs with seven zones. See The Foundry.
Founder Special membership rank (Token ID 99) representing founding authority. One-of-one globally. See Founder Rank.
G
Gas Transaction fees on blockchain networks. On Base, gas is paid in ETH.
Governance The system by which Built By DAO makes collective decisions through proposals and voting. See Governance.
Guardian Level 9A membership rank. Steward of ethics and standards; handles high-stakes review. See Guardian Rank.
Guide Level 6 membership rank. Mentor and teacher focused on developing people. See Guide Rank.
H
Hall, The Zone in The Foundry for community gathering, events, and education. See The Hall.
I
InvestorMintContract Smart contract for purchasing BLTBY at discounted rates with an Investor NFT. See Investor Mint.
K
KYC (Know Your Customer) Identity verification process required for investor NFT purchases. See KYC Process.
L
Layer 2 (L2) A blockchain built on top of another (Layer 1) to improve speed and reduce costs. Base is an Ethereum Layer 2. See Architecture.
Leadership Council Special NFT holders (Token ID 95) who provide governance checks and oversight. See Leadership Council.
Liquidity The ease with which a token can be bought or sold without affecting its price. BLTBY liquidity is available on DEXs; EQTBLT has no liquidity (non-transferable).
Loft, The Zone in The Foundry for office and administrative functions. See The Loft.
M
Multiplier A factor applied to voting power. Investor NFT holders receive 1.5×-5.0× multipliers on their EQTBLT-based voting power, capped at 4× total.
Multisig Multi-signature wallet requiring multiple approvals for transactions. Used for treasury security. See Treasury.
N
NFT (Non-Fungible Token) Unique digital token. In Built By DAO, used for membership, investor status, and identity. See NFTs.
O
Operator Level 3A membership rank. Owns a small workstream end-to-end. See Operator Rank.
P
Platform Lead Level 8B membership rank. Systems-focused leadership for platform and infrastructure. See Platform Lead Rank.
Project Lead Level 5 membership rank. Leads 3-4 teams or pods; coordinates delivery. See Project Lead Rank.
Proposal Formal suggestion submitted through governance for community voting. See Proposals.
Q
Quadratic Voting Voting system where power scales with the square root of stake, reducing concentration of power. See Voting.
Quorum Minimum participation required for a governance vote to be valid. See Governance.
R
RentalAndRebate Smart contract that converts rent payments into EQTBLT tokens. See Rental Rebate Contract.
S
Seeker Level 1A membership rank. New member who has completed onboarding. See Seeker Rank.
Soul-Bound NFT or token that cannot be transferred to another wallet. Tied to identity, not tradeable. See Membership NFT.
Specialist Level 3B membership rank. Handles complex work and unblocks others. See Specialist Rank.
Station, The Zone in The Foundry for operations command and logistics. See The Station.
Steward Level 10 membership rank. Highest regular rank; unifies culture and strategy. See Steward Rank.
Strategist Level 9B membership rank. Handles system-wide strategy and expansion planning. See Strategist Rank.
Smart Contract Self-executing code deployed on a blockchain that automatically enforces rules and executes transactions. Built By DAO uses 20 smart contracts. See Contracts.
Stablecoin A cryptocurrency designed to maintain stable value, typically pegged to $1 USD. Built By DAO accepts USDC, USDT, DAI, and PYUSD.
Sweat Equity Ownership earned through contribution of labor rather than capital. See Sweat Equity.
T
Treasury Multi-token vault holding DAO funds with safety rails limiting withdrawals. See Treasury and Treasury Contract.
Timelock A smart contract feature that delays execution of certain actions, providing time for review. Used in governance for major decisions.
Trust NFT Soul-bound NFT for institutional investors at the $5M-$100M+ level. See Trust Tier.
U
UUPS Proxy Universal Upgradeable Proxy Standard—a smart contract pattern allowing upgrades while preserving state. Used by upgradeable Built By DAO contracts. See Architecture.
V
Vesting A schedule that releases tokens gradually over time. Team and advisor tokens may have vesting schedules. See Token Vesting Contract.
VentureOne NFT Soul-bound NFT for fund investors at the $500k-$5M level. See VentureOne Tier.
Veto Power of Leadership Council to block harmful proposals. Requires two members. See Veto Process.
Voting Weight Calculated power in governance votes, based on rank, EQTBLT, and activity. See Voting.
W
Wallet Software for storing cryptocurrency and NFTs. Members need a Base-compatible wallet. See Wallet Setup.
Working Group Cross-functional team assembled for specific initiatives or ongoing functions. See Working Groups.
Workshop, The Zone in The Foundry for hands-on repair, refurbishment, and skill-building. See The Workshop.
Y
Yard, The Zone in The Foundry for outdoor material receiving, processing, and storage. See The Yard.
Numbers
4× Ceiling Maximum voting power multiplier in governance, regardless of rank, EQTBLT, or investment. See Governance V2.
7 Billion Maximum supply of BLTBY tokens.
14 Ranks Number of membership levels from Seeker to Steward (plus special ranks). See Membership Ranks.
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