BUIDL is a crypto slang like DYOR or HODL and is a misspelling for the word “build”. BUIDL is used by crypto enthusiasts when contributing and building in the blockchain and Web 3.0 ecosystem rather than just using the technology for monetary gains. BUIDL encourages crypto enthusiasts to help in the development of the crypto and blockchain space rather than just holding coins and waiting for price appreciation.
Blockchain and crypto space development requires one to have good technical skills. However, buidling can be as simple as utilizing the crypto asset for its real purpose, beta testing the newly launched crypto projects, using smart contracts, or playing blockchain-based games. It can be anything and everything that can contribute to the development of the blockchain and the crypto industry.
True crypto enthusiasts often stress upon buidling in the crypto industry. Vitalik Buterin, the founder of Ethereum, is often seen using this term on his social media platforms encouraging the community to contribute to its development.