🤔 Common Objections
We've heard the skepticism. Here are honest answers to hard questions.
"This sounds too good to be true."
The concern: Earn equity just by working? Housing that builds ownership? It sounds like a pitch, not reality.
The honest answer: Nothing here is magic. The model works because it trades short-term efficiency for long-term alignment.
Contributors earn equity instead of higher wages. The tokens have value if the DAO grows.
Residents build equity instead of getting lower rent. The benefit compounds over time.
Investors get governance participation instead of control. The tradeoff is intentional.
The risk is real: if the DAO fails, EQTBLT is worthless and BLTBY may decline significantly. This isn't "too good to be true"—it's a different risk/reward profile that requires believing in the model.
"What if the DAO fails?"
The concern: I put in work/capital and the whole thing collapses. What then?
The honest answer: This is a real risk. Here's what happens in failure scenarios:
Treasury depletes (with safety rails slowing it). BLTBY value drops. EQTBLT becomes less useful.
Safety rails kick in: 15% floor always retained, daily/monthly caps prevent rapid drainage. Time to respond.
Properties would be sold. Treasury distributed per governance. No liquidation preference for investors.
The mitigation: Built By DAO is structured for resilience—real property backing, safety rails, diversified revenue—but no guarantee exists. Don't invest or contribute what you can't afford to lose.
"How is this different from a timeshare?"
The concern: "Build equity through residency" sounds like timeshare marketing.
The key differences:
You earn permanent equity
Fees escalate, value plummets
No escalating fees, value tied to DAO growth
EQTBLT stays with you forever
Extractive business model
Community ownership model
Timeshares are designed to extract ongoing fees from trapped buyers. Built By DAO is designed for members to accumulate governance power over time. The incentives are opposite.
"If EQTBLT can't be sold, is it really valuable?"
The concern: A token I can't cash out sounds like funny money.
The honest answer: EQTBLT is valuable within the DAO ecosystem—not on external markets.
Voting power on treasury decisions
Redemption for DAO services (~$1 value)
Spending at DAO businesses
Access to programs and resources
Voice in organizational direction
The non-transferability is the feature, not the bug. It ensures governance power reflects contribution, not speculation. If you need liquid returns, BLTBY is the investment token.
"What stops the founders from running off with the money?"
The concern: Crypto is full of rug pulls. Why trust this team?
The structural protections:
Hardcoded: 10% per proposal, 5% daily, 20% monthly, 15% floor. No one can drain it.
Treasury requires multiple signatures, not single-key access
Every transaction is publicly verifiable on Base
Founder → Multisig transition
Control transfers to community multisig over time
Founders earn EQTBLT like everyone else
The system is designed to be trust-minimized. You don't have to trust the founders—you can verify the contracts.
"DAOs are unproven for real-world operations."
The concern: DAOs work for DeFi protocols. Physical real estate is different.
The honest answer: This is valid skepticism. Most DAOs manage digital assets. Built By DAO is attempting something harder.
Why we think it can work:
Legal structure: Wyoming DAO LLC provides real-world legal recognition
Property ownership: DAO can legally hold title to real estate
Operational structure: Divisions, guilds, and working groups provide traditional management within DAO governance
Hybrid model: Day-to-day operations run by contributor teams; governance handles strategic decisions
What could go wrong: Decision-making may be slower than traditional companies. Contributor governance may make poor choices. Coordination overhead may be higher.
This is genuinely experimental. We're betting that aligned incentives outweigh coordination costs.
"The crypto market is volatile. Won't this collapse in a bear market?"
The concern: BLTBY could crash 90% like other tokens.
The honest answer: BLTBY will be volatile. Crypto markets are volatile. However:
Stabilizing Factor
Why It Matters
DAO owns actual property, not just tokens
EQTBLT can't be traded, so governance isn't speculation-driven
BLTBY needed for staking, transactions, access—not just speculation
Rent and business income provide non-token revenue
BLTBY price may fluctuate. But the DAO's underlying value—property, treasury, member activity—doesn't disappear in a bear market. The token price and organizational health aren't the same thing.
"I don't understand crypto. Is this for me?"
The concern: Wallets, tokens, blockchain—it's overwhelming.
The reality: You don't need to understand blockchain to participate.
What You Need
What We Provide
Basic smartphone/computer
Many members start with zero crypto experience. The technology is a tool—you don't need to understand how it works to use it.