BUIDL meaning is the warping of the word “build” in the same fashion as “HODL”. However, in contrast to the meaning of “HODL”, BUIDL refers to the call to arms for building and contributing to the blockchain and the cryptocurrency, rather than passively holding.
The BUIDL movement advocates strongly that instead of just accumulating or trading cryptocurrencies, people should start contributing proactively in order to help adoption and improve the ecosystem people invested in.
It is a common misconception for people to believe that they need to be equipped with the relevant technological and programming skills to contribute to a crypto space. Yet this is not the case for BUIDLing, because anyone can contribute to the crypto space.
BUIDLing can involve simply using a cryptocurrency for its intended purpose, utilizing smart contracts, beta testing products, writing articles, playing blockchain games, using cryptocurrency wallets etc. This list is not exhaustive as there are a lot of things that people could do to help the blockchain and cryptocurrency fields evolve and expand.
It is not clear where the word “BUIDL” originated from, but many significant figures in the cryptocurrency space use the term to push for the development of the overall ecosystem. For instance, ETHereum’s founder Vitalik Buterin uses BUIDL when referring to Ethereum’s development, while Binance CEO Changpeng Zhao uses the term as well.
In conclusion, BUIDL meaning is essentially the opposite of HODL, as it encourages cryptocurrency and blockchain users to actively participate in activities within the ecosystem.
