BUILD Announcement #4

Airdrop 1 claiming is almost here! Will you quit or commit?

TL;DR

  1. BUILD is more than a memecoin. It's an onchain builder economy, with a fair-launched token, a decentralized community and a powerful brand.

  2. Visit build.top/airdrop1 to see your potential $BUILD token allocation. Claiming $BUILD tokens will open on June 12th, for most eligible users, and stay open until June 30th. No need to rush.

  3. Let's push for a collective commitment of >50% on Airdrop 1 and keep building. We're just getting started. If we all commit, BUILD can really succeed!

  4. All tokens committed go to the BUILD Summer Fund, and will be redistributed to builders during Onchain Summer, while we work on Airdrop 2.


Make all builders feel seen.

Building is hard and should be nurtured. That's why BUILD exists, to help discover and reward onchain builders with both social and financial capital.

But what's a builder?

We believe that anyone can be a builder, but becoming one requires courage, creativity and commitment:

  • Courage: taking risks, accepting challenges and pushing boundaries.

  • Creativity: curiosity, optimism and creating value.

  • Commitment: effort, accountability and the resilience to keep building.

If you're vibe is generosity, collaboration, and finding new builders to connect with, the BUILD community is for you. Builder is an attitude, not a skill or a role.

Don't forget to mint the Manifesto for Onchain Builders.

Building the onchain builder economy.

BUILD is more than a memecoin, it's an onchain builder economy, that includes a fair-launched token, a decentralized community and a powerful brand.

Airdrop 1

We believe all builders deserve some recognition, but most builders are still unknown, while popular builders get most of the credit. BUILD Airdrop 1 was our answer to this problem, and aimed at reaching as many builders as possible and setting a baseline reputation for the BUILD community. The airdrop was a successful first experiment, allowing us to reach 200K+ people.

Airdrop 2

BUILD Airdrop 2 will be about building a sustainable and decentralized builder economy. We plan to run experiments around UBI (Universal Builder Income), that can reward committed builders with both social and financial capital. Because even a small reward can motivate builders to keep building.

The BUILD economy runs on nominations to redistribute value, and is designed to power more builder activity onchain. Funds enter the economy from organizations and sponsors that want to appeal to builders, and also from individuals that want to give back to a new generation of builders.

Real builders commit. Will you?

Airdrop 1 was a successful first experiment, but BUILD is just getting started. Now the community has a choice: we either commit or quit.

We can commit to grow BUILD into a real onchain builder economy 🫡 
Or we can all claim our $BUILD tokens and quit this experiment 🪦

A collective commitment of >50% from Airdrop 1 (75B $BUILD), will be a very strong signal for the team to keep building during Onchain Summer, and to start preparing Airdrop 2 for September.

Why commit $BUILD?

  1. BUILD is only sustainable if we continue to pay it forward.

  2. All $BUILD committed goes to the BUILD Summer Fund (details below).

  3. The more $BUILD you commit, the more reputation you are building

How to claim or commit your $BUILD?

Visit build.top/airdrop1 to see your potential $BUILD token allocation for Airdrop 1. Claiming $BUILD tokens will open on June 12th, for most eligible users, and stay open until June 30th, so no need to rush.

In the claiming flow, you will be presented with 3 options:

Pay It All Forward

  • Commit 100% of your token allocation to the BUILD Summer Fund.

  • Airdrop allocation multiplier applied to tokens committed.

  • Participate in BUILD governance (in the future).

  • BUILD Budget for future airdrops based on tokens committed.

  • Featured in new leaderboard, ranked by tokens committed.

Split & Commit Half

  • Commit 50% of your token allocation to the BUILD Summer Fund.

  • Claim 50% of $BUILD tokens now, with allocation multiplier.

  • BUILD Budget for future airdrops based on tokens committed.

  • Featured in a new leaderboard, ranked by tokens committed.

Claim & Quit

  • Wait another week, and claim tokens only on June 18th.

  • Allocation multiplier is not considered.

  • Lower BUILD budget for the next airdrops.

BUILD Summer Fund

All tokens committed from Airdrop 1 will be redistributed to builders during the summer, using new variations of the nominations game. This will give the team time to prepare a great Airdrop 2 experience. It's important to move fast, but also not to rush things.

Currently, our summer priorities are:

  • Make nominations more natural and intrinsic-driven, for example by tagging @buildbot on Farcaster to nominate.

  • Receive notifications via Farcaster Direct Casts and XMTP.

  • Promote more composability, by improving the BUILD API and creating more public bounties to integrate with BUILD.

  • Kick-off ecosystem grants, to reward builders that are actively contributint to make BUILD better.

  • Create fun ways to spend $BUILD tokens and points, for example merch or lotteries.

  • Organize or sponsor IRL meetups. There's 2 already events planned, one for Lisbon (June 29-30) and another for Brussels (July 12).

Will you quit or commit?

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