TL;DR

1. BUILD noms restart today, July 16th at 8pm UTC, on build.top.

2. Everyone who committed 50% or 100% on Round 1 will receive a budget on Round 2.

3. You have until next Monday to close your nominations. Please be patient if you find any bugs.

4. Round 2 is still part of the Airdrop 1 allocation, and will distribute 50B $BUILD this Summer.

BUILD Round 2 starts at 8pm UTC

BUILD noms restart today, July 16th, at 8pm UTC. You can nominate your favorite builders on the build.top website. Watch this quick video tutorial.

There are a few more nomination methods planned for the coming days, but we decided it was best to release them one at a time.

In Round 2, nominations work on a weekly cycle, instead of daily one. You have until next Tuesday at 9am UTC to make your weekly nominations. You have unlimited nominations, but your weekly budget of BUILD points will be split evenly between all nominations you make.

If you see anything not working as expected, please report them to @macedo and please be patient. You have until next Monday night to use your first weekly budget. It doesn't matter if you do all of your nominations today, if you do a few everyday, or all of them on Monday.

Read the full FAQ here.

Checking your Weekly Budget

After hearing the BUILD community’s feedback, we decided to also give a Weekly Budget to all users who committed 50% of their Round 1 allocation, and not just the ones that committed 100%.

We also decided to focus more on real builders and quality nominations this time, so we will strongly penalize users with low Builder Scores, and user without a Human Checkmark on Talent Passport.

To receive the Human Checkmark you need to meet one or more of the following criteria:

1. Coinbase Verified ID: The user must have a verified account on Coinbase and have completed identity verification (KYC).

2. World ID: The user must have completed the Proof of Personhood verification with Worldcoin.

3. Gitcoin Passport Humanity Score: The user must own a Gitcoin Passport with a score of 15 or higher.

4. Other proof of humanity credentials added to the Talent Passport in the future.

Let’s recap.

To receive a Weekly Budget you need to meet at least one of the following conditions:

1. Committed 100% or 50% of your Round 1 allocation

2. Hold >10M $BUILD in your wallet

3. Having Human Checkmark on your Talent Passport

To check your Weekly Budget for Round 2, go to build.top/stats (after 8pm UTC) and connect your wallet. We recalculate the Weekly Budgets every Monday night.

Claiming tokens will also require a Human Checkmark.

We're in Airdrop 1, Round 2

Round 2 is still part of the Airdrop 1 allocation, and will distribute 50B $BUILD this Summer. Round 1 of Airdrop 1 happened in May and lasted ~3 weeks. Airdrop 2 will only start after the Summer.

From the 150B $BUILD allocated to Airdrop 1, ~34B were claimed on Round 1, ~85B were committed back to the treasury, and the remaining ~31B left unclaimed were burned yesterday. You can go deeper on these numbers here.

This means we still have 85B $BUILD to redistributed this Summer, before Airdrop 2 starts. We allocated 50B $BUILD to be distributed using the Round 2 of nominations, and allocated 35B $BUILD to alternative distribution methods, like sponsoring /base-builds or the Buildathon Quadratic Voting.

BUILDing Crypto's Most Committed Community

On July 8th, I talked about $BUILD IRL for the first time, at the Superchain Space in Brussels.

Tipping BUILD IRL at EthCC

Filipe Macedo 🔆 on Warpcast

This Friday, at the /builders-brunch event in Brussels, we will be testing IRL nominations and $BUILD tipping with custom NFC cards and QR codes 👀 look for @leal.eth @pcbo or @rubendinis to receive your nom

Farcaster