Basic Tokenomics
Last updated
Last updated
© Built By DAO Holdings LLC
Built By DAO’s tokenomics are carefully crafted to create a fair, transparent, and sustainable ecosystem. This system supports renters, investors, and the broader community by leveraging blockchain technology to enable fractional ownership, access to shared spaces and amenities, and efficient real estate investment. The combination of tokens and NFTs ensures active participation, equitable growth, and community-driven governance while maintaining a clear separation between financial investment and voting rights.
The BLTBY token is the primary utility token within the Built By DAO ecosystem, facilitating access to various services, amenities, and benefits. It supports interactions within the community, including payments for goods, services, and rentals.
BLTBY tokens are issued during initial token offerings (ITOs), through equity-building leases, and as rewards for staking and participation. The controlled issuance maintains the token's value and utility within the ecosystem.
Access to Shared Amenities: Use BLTBY tokens to access shared spaces such as gyms, co-working spaces, event venues, and recreational facilities within Built By DAO properties.
Membership Benefits: Unlock additional benefits with BLTBY tokens, such as discounts on services, priority access to community events, and premium amenities.
Business and Service Payments: Pay for services within the Built By DAO ecosystem, including dining, entertainment, and other local businesses.
The EQT token represents the equity renters accumulate over time through rent payments within the Built By DAO ecosystem. It is a non-fungible, soul-bound token that tracks each resident's ownership stake in their property.
EQT tokens are automatically issued based on a portion of monthly rent payments. These tokens are non-transferable but can be used to purchase the property outright or carried over when moving within the Built By DAO network.
Path to Ownership: Accumulate EQT tokens to build ownership in your home. Once a certain threshold is reached, use these tokens to purchase the property, securing long-term financial stability.
Equity Transfers: Transfer your EQT tokens to a new property within the Built By DAO network if you move, ensuring continuous progress toward ownership.
Membership NFTs grant access to different levels of participation and benefits within the Built By DAO ecosystem. These NFTs represent a member’s status, including access to amenities, governance participation, and investment opportunities.
Leadership Council Tokens: Held by key leaders and fund managers, these NFTs include governance rights and influence major decisions within the DAO. Founder Directors receive extra votes for tie-breaking and veto powers, managing the dissolution protocol to transition the DAO into a more organic structure.
Framer Tokens: Reserved for early contributors and key strategic partners, providing governance rights and additional benefits.
Venture One (V1) Tokens: Designed for first-round venture capital investors, offering governance rights and discounts for future BLTBY purchases.
Angel Tokens: Allocated to angel investors, offering governance rights and investment benefits.
Fund Trust Tokens: Designed for larger institutional investors or trusts, providing governance rights and tailored investment benefits.
Membership Tokens: General membership tokens granting access to ecosystem benefits, including governance participation and eligibility for EQT accumulation.
Access Tokens: Provide temporary access to specific properties, amenities, or events within the Built By DAO network, especially useful for short-term needs and special occasions.
Residential and Commercial Access: Use tokens and NFTs to access residential properties, multi-unit developments, commercial spaces, and more, including co-working spaces, restaurants, gyms, and other shared amenities.
Event Participation: Use Access Tokens and Membership NFTs to attend community events, workshops, and exclusive gatherings within the Built By DAO ecosystem.
The ITO is the initial distribution phase for BLTBY tokens and Membership NFTs, allowing early participants to acquire tokens and NFTs at a discounted rate. This phase provides the necessary capital to fund property acquisitions and development projects.
Rent Payments and Equity Accumulation: Rent payments contribute to EQT token accumulation, representing a growing ownership stake in the property.
Staking and Participation Rewards: BLTBY tokens and Membership NFTs are distributed as rewards for staking and active engagement, encouraging long-term commitment and alignment with the platform’s goals.
Built By DAO operates as a decentralized autonomous organization (DAO), where governance is managed through Governance Member NFTs. This ensures that decision-making remains community-driven and disconnected from financial wealth.
Voting rights are granted through Governance Member NFTs, enabling participants to vote on key decisions that shape the platform’s future. Early participants with specific NFTs, such as Leadership Council Tokens, may have additional governance influence during the platform’s initial phases.
Governance rights and voting power can be maximized through phased whitelists and staking. Early participants with specific NFTs are initially granted enhanced voting power, which can be adjusted or dissolved as the platform matures to ensure a more decentralized decision-making structure.
Staking BLTBY tokens allows participants to earn rewards, such as additional tokens, access to premium amenities, and exclusive opportunities within the Built By DAO ecosystem. Staking promotes long-term commitment by locking tokens for a specified period, aligning the interests of participants with the platform’s success.
Active participation in governance and community initiatives is rewarded with BLTBY tokens and other benefits, encouraging continuous engagement and contribution to the platform’s growth.
BLTBY tokens can be used to access a variety of shared spaces and amenities within Built By DAO properties, including gyms, co-working spaces, event venues, and more. Tokens are also used to pay for services provided by businesses within the Built By DAO network, ensuring a seamless and integrated living experience.
Access Tokens enable flexible, short-term use of amenities and services, allowing both residents and visitors to enjoy the full range of offerings within the Built By DAO community. These tokens can also be purchased to attend special events, workshops, or cultural activities, enhancing the community experience.
BLTBY tokens can be traded on secondary markets, providing liquidity for participants who wish to adjust their holdings or exit their positions. The value of BLTBY tokens is influenced by market demand, property performance, and the overall success of the Built By DAO platform, offering potential for capital appreciation.
Residents who accumulate EQT tokens can convert their equity into cash through property sales or exchanges within the Built By DAO platform, offering flexibility and financial security.
New BLTBY tokens may be issued at a defined rate to support ongoing platform needs, such as expanding the community treasury or scaling decentralized contributions. The protocol includes mechanisms for onboarding new users, such as offering BLTBY tokens to renters who complete initial rental periods, providing incentives for continued participation and investment in the ecosystem.
The platform may work with existing overcollateralized debt-backed stablecoin issuers to issue a stablecoin usable by ecosystem participants. This can reduce regulatory risk and coordination overhead while providing a stable currency for transactions within the ecosystem.
Where possible, the protocol can use overcollateralized debt-backed stablecoins to access working capital against both physical and digital assets. This approach changes the dynamics of how Built By DAO accesses and manages capital, ensuring stability and growth.
Built By DAO’s tokenomics are designed to create an inclusive, transparent, and sustainable ecosystem that benefits all participants. By separating financial investment from governance and emphasizing community engagement, Built By DAO ensures that the platform remains focused on its mission to create affordable, equitable housing and vibrant communities. Through the innovative use of tokens, NFTs, and decentralized governance, we are building a future where everyone has access to secure housing, meaningful participation, and shared prosperity.
