> For the complete documentation index, see [llms.txt](https://docs.builtbydao.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.builtbydao.com/investors/tiers/angel.md). # Angel Tier {% hint style="warning" %} **πŸ§ͺ Testnet phase:** Built By DAO currently runs on Base Sepolia. Tokens hold no monetary value yet, and purchases, investments, and equity conversions are not live. See the [deployment status](/help-and-resources/legal.md). {% endhint %} {% hint style="info" %} **Looking to fund the build today?** This page describes the **on-platform** investor product β€” the future product layer running on testnet. The **current capital raise** that funds the first hub is a **Qualified Opportunity Fund**, offered to accredited investors under SEC Rule 506(c). See the [Blueprint](https://blueprint.builtbydao.com/) for that. {% endhint %} The Angel tier is Built By DAO's entry point for individual accredited investors who want to support affordable housing while participating in DAO governance. *** {% hint style="info" %} ## πŸ˜‡ Angel Tier Overview **🎯 For:** Individual accredited investors **πŸ”’ Cliff:** 3 months before tokens begin vesting {% endhint %} | πŸ’° Investment | πŸ’Ž BLTBY Rate | ⏱️ Vesting | πŸ—³οΈ Governance | | :--------------: | :------------: | :-----------: | :-------------: | | **$10k - $250k** | **100 per $1** | **12 months** | **1.5Γ— - 2.5Γ—** | *** {% tabs %} {% tab title="πŸ“Š Subtiers" %} ## πŸ“Š Angel Subtiers ### Angel 1: $10,000 - $50,000 | Benefit | Value | | ------------------------- | --------------------- | | πŸ—³οΈ Governance multiplier | 1.5Γ— | | πŸ’Ž BLTBY allocation | 1M - 5M | | πŸ“Š Reports | Quarterly | | πŸŽ‰ Events | Annual investor event | *** ### Angel 2: $50,000 - $100,000 | Benefit | Value | | ------------------------- | ------------------------- | | πŸ—³οΈ Governance multiplier | 1.75Γ— | | πŸ’Ž BLTBY allocation | 5M - 10M | | πŸ“Š Reports | Quarterly | | πŸŽ‰ Events | All investor events | | πŸ“ž Access | Periodic leadership calls | *** ### Angel 3: $100,000 - $250,000 | Benefit | Value | | ------------------------- | --------------------------- | | πŸ—³οΈ Governance multiplier | 2.0Γ— | | πŸ’Ž BLTBY allocation | 10M - 25M | | πŸ“Š Reports | Quarterly + special updates | | πŸŽ‰ Events | All investor events | | πŸ“ž Access | Quarterly leadership calls | *** ### Angel 4: $250,000 | Benefit | Value | | ------------------------- | --------------------------- | | πŸ—³οΈ Governance multiplier | 2.5Γ— | | πŸ’Ž BLTBY allocation | 25M+ | | πŸ“Š Reports | Quarterly + special updates | | πŸŽ‰ Events | All events + VIP access | | πŸ“ž Access | Monthly leadership access | | {% endtab %} | | {% tab title="🎁 What You Receive" %} ## 🎁 What You Receive ### 🎫 Angel NFT Soul-bound NFT proving investor status: | Feature | Description | | ------------------- | ---------------------------- | | πŸ’³ Display | Visible in your wallet | | βœ… Verifiable | Provable on-chain | | πŸ”’ Non-transferable | Cannot be sold or moved | | πŸ“œ Permanent | Lifetime proof of investment | *** ### πŸ’Ž BLTBY Tokens 100 BLTBY per $1 invested: | Feature | Description | | ------------ | ---------------------------- | | ⏱️ Vesting | Subject to 12-month schedule | | πŸ”“ Claimable | After 3-month cliff | | πŸ’Ή Tradeable | Once vested | | 🎯 Utility | Use within DAO ecosystem | *** ### πŸ—³οΈ Governance Power Enhanced voting power: | Feature | Description | | -------------- | ----------------------------------- | | πŸ”’ Base | Your EQTBLT voting (if applicable) | | βœ–οΈ Multiplied | By Angel tier multiplier | | πŸ“‹ Participate | In all governance votes | | πŸ”’ Ceiling | Normalized to a 4Γ— max power spread | *** ### πŸ“Š Investor Reports Regular updates including: * πŸ“ˆ Financial performance * πŸ—οΈ Project progress * 🏠 Portfolio updates * πŸ“Š Market analysis {% endtab %} {% tab title="⏱️ Vesting" %} ## ⏱️ Vesting Schedule ### Timeline ``` Investment Date ↓ [Month 1-3: Cliff Period] ↓ Month 4: 25% vested (cliff release) ↓ [Month 4-12: Linear vesting] ↓ Month 12: 100% vested ``` *** ### Monthly Breakdown | Month | Cumulative Vested | | ----- | ----------------- | | 1-3 | 0% (cliff) | | 4 | 33% | | 5 | 44% | | 6 | 56% | | 7 | 67% | | 8 | 78% | | 9 | 89% | | 10-12 | 100% | *** ### Claiming Tokens | Step | Action | | ------------ | ----------------------------- | | 1️⃣ | Connect wallet to DAO app | | 2️⃣ | Navigate to Investor β†’ Claims | | 3️⃣ | Click "Claim Vested Tokens" | | 4️⃣ | Approve transaction | | 5️⃣ | BLTBY transferred to wallet | | {% endtab %} | | {% tab title="πŸ“‹ Process" %} ## πŸ“‹ Investment Process ### Step 1: Express Interest | Action | Method | | ------------------------------ | ----------------- | | πŸ“ Complete interest form | Online portal | | πŸ“ž Initial consultation call | Scheduled meeting | | ❓ Answer preliminary questions | Eligibility check | *** ### Step 2: KYC Verification Required documentation: * πŸͺͺ Government ID * πŸ“ Proof of address * πŸ“‹ Accreditation verification * πŸ’° Source of funds (if required) *** ### Step 3: Review & Agreement | Document | Purpose | | --------------------------- | ------------------- | | πŸ“„ Investment memorandum | Full details | | πŸ“‹ Token purchase agreement | Legal terms | | ⚠️ Risk disclosures | Understanding risks | | ✍️ Signatures | Final commitment | *** ### Step 4: Fund Transfer | Method | Description | | ------------------ | ------------------------- | | 🏦 Wire transfer | Traditional banking | | πŸ’³ Crypto transfer | USDC preferred | | πŸ” Escrow | Funds held until complete | *** ### Step 5: NFT Minting Upon fund confirmation: | Action | Result | | -------------------- | ------------------ | | 🎫 NFT minted | To your wallet | | ⏱️ Vesting created | Schedule activated | | πŸ“§ Welcome materials | Sent via email | | πŸ“Š Dashboard access | Portal enabled | | {% endtab %} | | {% tab title="πŸ“‹ Requirements" %} ## πŸ“‹ Eligibility Requirements ### Accredited Investor Status Must meet ONE of: | Criteria | Requirement | | --------------- | -------------------------------------------------- | | πŸ’΅ Income | $200k+ individual or $300k+ joint for past 2 years | | 🏠 Net worth | $1M+ excluding primary residence | | πŸ“œ Professional | Series 7, 65, or 82 certification | | 🏒 Entity | $5M+ in assets | *** ### KYC Requirements | Document | Purpose | | ---------------------- | --------------------- | | πŸͺͺ Valid government ID | Identity verification | | πŸ“ Proof of address | Recent utility bill | | πŸ“‹ Accreditation docs | Status verification | | πŸ’° Source of funds | For larger amounts | *** ### Geographic Availability | Region | Status | | ------------------ | ------------------------------------ | | πŸ‡ΊπŸ‡Έ United States | Available (excluding certain states) | | 🌐 International | Select jurisdictions | Check current availability with investment team. {% endtab %} {% tab title="πŸ—³οΈ Governance" %} ## πŸ—³οΈ Governance Participation ### Voting Power Calculation ``` Base Power = √(EQTBLT Balance) Γ— 100 Raw Score = Base Power Γ— Angel Multiplier Final Power = raw scores normalized to a [1Γ—, 4Γ—] range (POWER_CEILING = 4) ``` *** ### Example Calculation | Factor | Value | | --------------------- | -------------------------------------------------------- | | 🏠 EQTBLT Balance | 5,000 | | πŸ”’ Base Power | 7,071 | | βœ–οΈ Angel 3 Multiplier | 2.0Γ— | | πŸ“Š Raw Score | 14,142 | | πŸ”’ Normalization | Raw scores mapped to a \[1Γ—, 4Γ—] range across all voters | | **πŸ—³οΈ Final Power** | **Position within the normalized 1×–4Γ— band** | The multiplier boosts your raw score. Final voting power isn't a fixed numberβ€”every voter's raw score is normalized into a 1×–4Γ— range, so the most powerful voter never exceeds 4Γ— the least powerful (POWER\_CEILING = 4). *** ### Voting Rights Can vote on: * βœ… All governance proposals * βœ… Treasury decisions * βœ… Policy changes * βœ… Strategic direction {% endtab %} {% tab title="πŸ“ˆ Upgrading" %} ## πŸ“ˆ Upgrading ### Upgrade to Higher Subtier | Action | Result | | -------------- | ----------------------------- | | πŸ’° Add funds | Additional investment applied | | πŸ—³οΈ Multiplier | Upgraded to new level | | πŸ’Ž New tokens | Vest separately | | 🎁 Benefits | Enhanced | *** ### Upgrade to VentureOne If total reaches $500k+: | Step | Action | | ------------- | --------------------------- | | 1️⃣ | Upgrade path available | | 2️⃣ | VentureOne NFT issued | | 3️⃣ | Enhanced benefits activated | | 4️⃣ | Contact investment team | | {% endtab %} | | | {% endtabs %} | | ***
⚠️ Risks & Tax Considerations ### Investment Risks * πŸ“‰ Token value may fluctuate * πŸ—οΈ DAO performance not guaranteed * πŸ“œ Regulatory environment may change * πŸ’» Technology risks exist Review full risk disclosures in investment agreement before investing. ### Tax Considerations * πŸ’° Token receipt may be taxable * ⏱️ Vesting events may trigger taxes * πŸ“ˆ Token sales subject to capital gains * πŸ‘€ Consult qualified tax advisor **This is not tax advice.**
***
πŸ“ž Support ### Angel Investor Support | Channel | Detail | | ---------------- | ------------------------------ | | πŸ“§ Email | | | ⏱️ Response time | 48 hours | | πŸ“ž Calls | Quarterly Q\&A sessions | ### Resources * πŸ“Š Investor dashboard * πŸ“š Educational materials * πŸ’¬ Community channels
*** {% hint style="success" %} ## πŸš€ Next Steps 1. πŸ“ Complete interest form 2. πŸ“ž Schedule consultation call 3. πŸ“‹ Begin KYC process 4. πŸ“„ Review investment documents 5. πŸ’° Fund your investment {% endhint %} *** ## πŸ”— Related Pages {% content-ref url="/pages/Lu6IzxZH2JkLmrKHe6Z4" %} [Investment Options](/investors/options.md) {% endcontent-ref %} {% content-ref url="/pages/8tKkzvy8X9hJnOjTvXqf" %} [Overview](/investors/invest.md) {% endcontent-ref %} {% content-ref url="/pages/UWfCqfINiurNF4sLIHrE" %} [BLTBY Token](/token-economy/bltby.md) {% endcontent-ref %} {% content-ref url="/pages/TMsJogsDwsIM73e0Nki1" %} [Voting Power](/governance/voting.md) {% endcontent-ref %} --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.builtbydao.com/investors/tiers/angel.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.