BUIDL is a term used in the cryptocurrency and blockchain industries. It is a play on the word "build" that encourages users and developers to focus on building rather than holding or speculating.
"BUIDL" is a warping of the term “build” often used in the crypto industry. It is a call to action that encourages traders and developers to focus their energy on building, creating, and improving existing ecosystems and currencies rather than speculating, purchasing, or merely holding.
The term is often used as a counterpoint to the word "HODL," which has become a popular rallying cry among cryptocurrency investors. "HODL" is short for "hold on for dear life."It advises investors to hold onto their assets, even during market volatility or uncertainty.
While "HODL" emphasizes the importance of long-term thinking and patience, "BUIDL" encourages action and progress. The best way to succeed in cryptocurrency and blockchain is to focus on creating and developing new projects rather than simply buying and selling assets.
Many people in the industry see "BUIDL" as a more proactive and productive approach to participating in the blockchain’s ecosystems. It promotes innovation and progress and encourages people to contribute to the growth and development of the industry.
It is unclear who was the first person to use the term BUIDL, probably Vitalik Buterin, who has used this term to refer to Ethereum's development.