BUIDL is a term used to encourage the building of new dApps, DeFi solutions, and other things on blockchains. This phrase is to encourage projects to keep building better solutions on their blockchain.
#NOTE: Not to be confused with BUIDL (BlackRock Fund).
It is a willingly made mis-spelling of “build” and refers to the same as well but in the context of blockchain technology.
It is a wide belief in the crypto world that the more a project builds, the better its chances of success with several instances that prove it.
Meaning
BUIDL has the same meaning as build and is inspired from HODL.
The term BUIDL is used to encourage blockchain developers create more resources for the public to use. This was because the more a project builds, it becomes more versatile as well as resilient.
For example, Berachain got instantly popular after its launch because the developers had built a lot of things such as a DeFi protocol, a DEX, a swapping protocol, a bridge, a stablecoin and two more tokens.
Compare this to Shibarium blockchain which has much lesser network activity because all the necessary components of the project were developed at a later stage after launch.
