{"id":"buidl","title":"BUIDL","content":"**BUIDL** is a term that refers to the concept of actively contributing to and building the [blockchain](https://iq.wiki/wiki/blockchain) and [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) ecosystem. It is an intentional misspelling of the word \"BUILD\" similar to [HODL](https://iq.wiki/wiki/hodl) that entered the crypto vocabulary in 2018. [\\[1\\]](#cite-id-j1twx2q1hs)[\\[2\\]](#cite-id-5h7ex6qghp7)[\\[3\\]](#cite-id-46l3cw0xkzh)\\\n$$widget0 [YOUTUBE@VID](fmLy1t_vGKE)$$\n\n## Overview\n\nThe notion of \"BUIDL\" encourages crypto enthusiasts to contribute to the growth and enhancement of the [blockchain](https://iq.wiki/wiki/blockchain) ecosystem. This idea emerged in response to the tendency of individuals entering the crypto space primarily for wealth accumulation or protection, often without a deep understanding of or willingness to contribute to the cryptocurrency and blockchain ecosystem. Therefore, BUIDL is an embodiment of the [Web3](https://iq.wiki/wiki/web3) spirit that stresses creating value, creating applications (DApps), creating new [Web3](https://iq.wiki/wiki/web3) businesses, and improving [blockchain](https://iq.wiki/wiki/blockchain) functionality.[\\[1\\]](#cite-id-j1twx2q1hs)\n\nThe BUIDL movement advocates for active participation in the [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) space, emphasizing the importance of contributing to adoption and ecosystem enhancement, rather than solely focusing on accumulating or trading cryptocurrencies. [\\[3\\]](#cite-id-46l3cw0xkzh)\n\nThe activities involved in BUIDLing the cryptocurrency ecosystem include using cryptocurrencies for their intended use, beta project testing, playing [blockchain](https://iq.wiki/wiki/blockchain) games, using [smart contracts](https://iq.wiki/wiki/smart-contract), writing articles, creating new cryptocurrencies, building [decentralized apps](https://iq.wiki/wiki/decentralized-application) (DApps), creating crypto wallets, exploring [Web3](https://iq.wiki/wiki/web3) ideas, and designing [NFTs](https://iq.wiki/wiki/non-fungible-token-nft). [\\[1\\]](#cite-id-j1twx2q1hs)[\\[4\\]](#cite-id-8y0lv5du9tg)[\\[6\\]](#cite-id-74cjacgm2vn)\n\nWhile the exact origin of the term remains unclear, prominent figures within the blockchain and crypto industry frequently use it to endorse the comprehensive advancement of the ecosystem. In 2018, [Vitalik Buterin](https://iq.wiki/wiki/vitalik-buterin), the founder of [Ethereum](https://iq.wiki/wiki/ethereum), used \"BUIDL\" in his tweets to reference [Ethereum's](https://iq.wiki/wiki/ethereum) progress. [Changpeng Zhao](https://iq.wiki/wiki/changpeng-zhao), the founder of [Binance](https://iq.wiki/wiki/binance), similarly employs the term to inspire the crypto community to actively contribute to the ecosystem rather than solely focusing on [HODLing](https://iq.wiki/wiki/hodl).\n\n## BUIDL Network\n\nThe BUIDL Network represents a community of [Ethereum](https://iq.wiki/wiki/ethereum) developers. Within this network are advocates, startups, entrepreneurs, and enthusiasts of [Ethereum](https://iq.wiki/wiki/ethereum) and [blockchain technology](https://iq.wiki/wiki/blockchain). Every segment within the community organizes meetups that foster the growth of knowledge and skills among its members. The BUIDL Network aims to be at the forefront of enabling a decentralized future.\n\nIn addition to this, there is also a BUIDL Asia conference, which is a technical conference dedicated to sharing technical and business developments in the crypto space. It’s hosted by [KryptoSeoul](https://iq.wiki/wiki/kryptoseoul) and has been held annually since 2018. The conference provides an opportunity for builders to interact and find diverse opportunities in terms of business development, employment, and insight sharing.[\\[5\\]](#cite-id-c2fyp4e2bzg)[\\[8\\]](#cite-id-wz6mq4y31oe)\\\n$$widget0 [YOUTUBE@VID](cM2FDxjKgLo)$$","summary":"BUIDL is a term in the cryptocurrency ecosystem promoting active contribution and expansion of the blockchain, particularly in Web3, metaverse, and blockchain f...","images":[{"id":"QmdCoXh9hs9RUTQ28VYUvHftfAxPxd3U81NGeoNs2NkYQH","type":"image/jpeg, image/png"}],"categories":[{"id":"glossary","title":"glossary"}],"tags":[],"media":[{"id":"https://www.youtube.com/watch?v=fmLy1t_vGKE","size":"0","name":"fmLy1t_vGKE","type":null,"source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=wB_XwSZsHd8","size":"0","name":"wB_XwSZsHd8","type":null,"source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=fmLy1t_vGKE","size":"0","name":"fmLy1t_vGKE","type":null,"source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=cM2FDxjKgLo","size":"0","name":"cM2FDxjKgLo","type":null,"source":"YOUTUBE"}],"metadata":[{"id":"references","value":"[{\"id\":\"j1twx2q1hs\",\"url\":\"https://phemex.com/blogs/what-does-buidl-mean\",\"description\":\"What Does BUIDL Mean? Exploring Crypto Lexicon\",\"timestamp\":1693126831851},{\"id\":\"5h7ex6qghp7\",\"url\":\"https://www.bitdegree.org/crypto/learn/crypto-terms/what-does-buidl-mean\",\"description\":\"What does BUIDL mean?\",\"timestamp\":1693126863141},{\"id\":\"46l3cw0xkzh\",\"url\":\"https://academy.binance.com/en/glossary/buidl\",\"description\":\"BUIDL\",\"timestamp\":1693126889971},{\"id\":\"8y0lv5du9tg\",\"url\":\"https://bitkan.com/learn/what-is-buidl-meaning-121\",\"description\":\"What is BUIDL meaning\",\"timestamp\":1693128623692},{\"id\":\"c2fyp4e2bzg\",\"url\":\"https://consensys.net/developers/buidlnetwork/\",\"description\":\"The BUIDL Network\",\"timestamp\":1693129256508},{\"id\":\"74cjacgm2vn\",\"url\":\"https://learn.bybit.com/glossary/definition-buidl/\",\"description\":\"BUIDL\",\"timestamp\":1693129374469},{\"id\":\"yvrw3f6qem\",\"url\":\"https://metaschool.so/articles/buidl-crypto-meaning/\",\"description\":\"BUIDL\",\"timestamp\":1693201797488},{\"id\":\"wz6mq4y31oe\",\"url\":\"https://www.buidl.asia/\",\"description\":\"KryptoSeoul - BUIDL ASIA 2023\",\"timestamp\":1696592721599},{\"id\":\"gtwdeqv2xmd\",\"url\":\"https://www.consensys.net/developers/buidlnetwork/\",\"description\":\"COnsensys - What Is the BUIDL Network?\",\"timestamp\":1696594034134}]"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmYqYXyA5SEdF6MzwZEo87kE9s5if4i3Yk9jdappDuQ1uw\""},{"id":"commit-message","value":"\"Removed BUIDL content and replaced DeFi tag with glossary\""},{"id":"previous_cid","value":"QmYqYXyA5SEdF6MzwZEo87kE9s5if4i3Yk9jdappDuQ1uw"}],"events":[],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8eBEb49FEFC02bd8C053F588F58A85e72E4cF9C9"},"operator":{"id":"0x1E23b34d3106F0C1c74D17f2Cd0F65cdb039b138"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":[],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"ed0a7343-a427-48e8-bc88-5060c67dbec7\",\"title\":\"BUIDL\",\"description\":\"BUIDL is a term in the cryptocurrency ecosystem promoting active contribution and expansion of the blockchain, particularly in Web3, metaverse, and blockchain f...\",\"timestamp\":\"2026-06-02T03:38:04.339Z\",\"category\":\"glossary\",\"status\":{\"icon\":\"RiGlobalLine\",\"label\":\"Wiki Updated\",\"iconClassName\":\"text-green-500\"},\"user\":{\"name\":\"0x8eBEb49FEFC02bd8C053F588F58A85e72E4cF9C9\",\"address\":\"0x1E23b34d3106F0C1c74D17f2Cd0F65cdb039b138\"},\"button\":{\"label\":\"View Summary\",\"icon\":\"RiFileTextLine\"},\"summarySections\":[{\"title\":\"Linked Wikis\",\"subtitle\":\"One linked wiki removed and a different linked wiki added\",\"variant\":\"modified\",\"changeCount\":2,\"changes\":[\"Removed linked wiki with id \\\"defi\\\" and title \\\"Decentralized Finance\\\"\",\"Added linked wiki with id \\\"glossary\\\" and title \\\"glossary\\\"\"]},{\"title\":\"Summary\",\"subtitle\":\"Summary text was updated (new summary is a truncated version of the original)\",\"variant\":\"modified\",\"changeCount\":1,\"changes\":[\"Changed summary from \\\"BUIDL is a term in the cryptocurrency ecosystem promoting active contribution and expansion of the blockchain, particularly in Web3, metaverse, and blockchain functionality.\\\" to \\\"BUIDL is a term in the cryptocurrency ecosystem promoting active contribution and expansion of the blockchain, particularly in Web3, metaverse, and blockchain f...\\\"\"]},{\"title\":\"Tags\",\"subtitle\":\"Existing tag(s) removed and tags set to an empty array\",\"variant\":\"modified\",\"changeCount\":2,\"changes\":[\"Removed tag with id \\\"Glossary\\\"\",\"Tags array replaced/cleared (now an empty array)\"]},{\"title\":\"Metadata\",\"subtitle\":\"New metadata entries added\",\"variant\":\"added\",\"changeCount\":4,\"changes\":[\"Added metadata id \\\"words-changed\\\" with value \\\"311\\\"\",\"Added metadata id \\\"percent-changed\\\" with value \\\"41.63\\\"\",\"Added metadata id \\\"blocks-changed\\\" with value \\\"content, tags, summary, events, image\\\"\",\"Added metadata id \\\"wiki-score\\\" with value \\\"68\\\"\"]}]}]}"}