What is BUIDL?
BUIDL is a popular term in the cryptocurrency and blockchain community that encourages individuals to focus on building and developing the ecosystem rather than merely holding or trading cryptoassets. The term is a derivation of HODL, the classic mantra originally used in Bitcoin circles.
What BUIDL Means
Crypto developers are united in the term BUIDL, a playful variation on HODL which nonetheless arguably has the opposite meaning. Instead of buying and holding coins — essentially being inactive for long periods — BUIDL encourages crypto industry participants to constantly create new infrastructure or improve their existing products and services.
It ostensibly also encourages developers to put innovation before profits, paying homage to the altruistic mindset originally popular among early Bitcoin adopters.
BUIDL resonates throughout the crypto and blockchain space, and is a commonly-used term on social media, even by well-known crypto firms and exchanges.
