The real estate industry has undergone significant changes in recent years, with the rise of new technologies and business models shaking up traditional practices. One organization at the forefront of this disruption is Built By DAO, a decentralized autonomous organization that is revolutionizing the way properties are managed and invested in.
One key aspect of Built By DAO’s innovative approach is the use of blockchain technology and smart contracts. By automating processes and providing transparency and security for all participants, blockchain technology streamlines property management and creates a more efficient and trustworthy system.
But Built By DAO’s impact goes beyond just technology. It also offers a unique business model that challenges the traditional landlord-tenant relationship. Members pay a monthly fee in exchange for access to a network of properties and various amenities, such as coworking spaces and recreational activities. These members also have the opportunity to earn rental rebates on their investments, which can be applied towards purchasing a property in the network or upgrading their membership to an investor status.
In addition to its property management and investment opportunities, Built By DAO also prioritizes building a sense of community among its members. By promoting a shared living experience, Built By DAO creates a welcoming and collaborative environment that is conducive to both work and play.
But the potential for blockchain technology to disrupt the real estate industry extends far beyond just Built By DAO. The ability to easily and securely transfer assets, as well as create smart contracts, has the potential to change the way we think about ownership and investment in real estate. The concept of fractional ownership, where multiple parties own a share of a property, becomes more feasible with blockchain technology. Similarly, the idea of “rent-to-own” can be enhanced through smart contracts, ensuring that both parties are held accountable for their commitments. Time-sharing arrangements, where multiple parties have the right to use a property at different times, can also be facilitated through blockchain technology and smart contracts.
Overall, the integration of blockchain technology in the real estate industry has the potential to bring about significant changes and improvements. Built By DAO is at the forefront of this disruption, offering a unique blend of property management, investment opportunities, and community building through its decentralized autonomous organization. With its innovative approach and the right timing, Built By DAO is poised to lead the way in the future of real estate.
