A concept that refers to a call to contribute actively to the growth of a blockchain instead of maintaining a passive disposition.
The idea behind the concept of BUIDL is that users ought to actively participate in building a blockchain or cryptocurrency. The concept revolves around the various strategies that developers use to encourage traders and investors to engage the crypto ecosystem so as to make it more robust, active, and useful for pre-established purposes. The word BUIDL is an alteration of BUILD in the same way that HODL, another popular crypto-centric term, is used in place of HOLD.
Crypto developers usually employ BUIDL strategies when users on the blockchain or exchange become passive and hodl (hold) their assets instead of trading them. Thus, BUIDLing is a constructive process of boosting blockchain visibility and usability per time.