TL;DR
BUILD noms are coming back on July 16th!
A total of 50B $BUILD will be distributed by nominations this summer.
Only committed builders are allowed to nominate.
Unlimited weekly nominations, instead of a maximum of 3 noms per day.
BUILD is in Brussels this week, say hi!
BUILD noms are coming back on July 16th!
We're about to kick off the 2nd round of BUILD nominations. On Tuesday, July 16th, you'll be able to start rewarding your favorite onchain builders again.
For this Summer round of noms, a total of 50B $BUILD will be distributed to all builders that participate, proportionally to the total amount of points they receive.
The tokens to distribute are part of the BUILD Summer Fund, which consists of the $BUILD tokens committed by almost 40K different people.
What are the main changes?
Only committed builders allowed (committed 100% in Airdrop 1 or hold >10M $BUILD).
The nomination cycle will be weekly, instead of daily, and will restart every Tuesday.
Unlimited weekly nominations, instead of a maximum of 3 noms per day.
Your budget is the total amount of BUILD points you distribute per week, to all noms combined.
There will be new ways to nominate builders, on Farcaster and other apps.
Let's recap how BUILD noms work
Only Builders Allowed
Anyone with a Farcaster or a Talent Passport account can receive nominations, but making at least 1 nomination will be required to claim tokens in the end of the round.
Sybil protection will be stricter than in Airdrop 1, so to participate you need to either:
have committed 100% in Airdrop 1, OR
hold >10M $BUILD and have a human checkmark on Talent Passport*
*although a Talent Passport is required to nominate, we create one automatically for all new users who make a nomination on Farcaster or build.top.
BUILD Budget and Points
All builders receive a weekly budget of BUILD Points.
Your weekly budget is the total amount of BUILD points you will distribute that week when you nominate others.
Your weekly budget is NOT the value of each nomination, so the more people you nominate, the less points each one will receive.
The budget is divided evenly between all your weekly nominations. You don't need to specify an amount, like on $DEGEN for example, you just need to nominate a person. That's it!
The main factors to calculate your weekly budget are:
Tokens Committed on Airdrop 1
Builder Score
$BUILD tokens you hold
The nomination week ends on Mondays, which means both your weekly budget and nominations reset every Monday as well.
Weekly Nominations
We want noms to feel more authentic and thoughtful. Thats why this 2nd round of noms will work on a weekly cycle instead of a daily cycle.
You will have unlimited weekly nominations, instead of max 3 per day. You can't nominate the same person twice in the same week, but you’ll be able to nominate the same builder in different weeks.
The motivation to nominate should be intrinsic, so we're removing 10% points reward for nominating others.
There will be new ways to nominate builders, in Farcaster and in other partner apps. More info about this soon. Subscribe to this publication and follow @buildbot to be notified of future announcements.
BUILD is in Brussels this week
If you're in Brussels for EthCC or ETHGlobal, join us on:
July 8th, at Superchain Space
Superchain Space | Brussels
Connect and explore the future of the Optimism Collective. The space will include breakfasts, round tables, networking opportunities, co-working areas, workshops, a live podcast studio, and meeting spaces.
Don't miss our keynote "BUILDing Crypto’s Most Committed Community" at 14:00.
July 12th, at Builders Brunch Club
Builders Brunch Club · Luma
Onchain Summer comes to Brussels! Base, BUILD, Eden and Talent Protocol are calling all onchain builders to gather in Brussels, on July 12th, to celebrate...
Base, BUILD, Eden and Talent Protocol are calling all onchain builders to celebrate Onchain Summer together, in Brussels.
Filipe Macedo 🔆 on Warpcast
Just arrived in Brussels, and I couldn’t feel more at home 🫡 Excited to meet all you builders at /ethcc /fcc and @ethglobal oh…and we’ll also announce the launch date for 2nd round of noms tonight 👀 https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/f3f89ac8-0b20-42cc-107c-b1563e65a900/original
Round 2 of BUILD is live. today, puff nominated three amazing builders that I'm extremely fortunate to know @undefined @to @edit Take the time to nominate ur favorite builders and ur weekly $BUILD budget would be distributed to them 💙
The great builder puff. 69 $DEGEN
thank u abbas king 🫶
Extremely good candidates! 🙌 🍖 x 25 $degen 25 $wild
cheers jon 🫂 🍖 x 100 200 $wild
Woop Build is live again yay 400 $degen
woop woop thank u so much kings 🫂 🫶 time to nominate kings soon 🍖 x 2000
LFG Bookmarked 👀
I didn’t know about this! Do I need to register as a builder or just hope that some people recognise me?
FC users should be able to nominate u here king: https://www.build.top/. But, in order to nominate someone, u would need to have committed 100% in Airdrop 1 or hold >10M $BUILD. More details here: https://paragraph.xyz/@macedo/build-log-7
awesome nominations puff 🫶🏻 🍖 x 420
thanks Cheryl 🫶 🍖 x 500
time to nominate the big puff this round 69 $degen 🍖x690
haha thank u so much kev bro. Time to nominate mr president as well 🫡
I got more than 10k budget points that whole budget will be equally distributed that I nominate in a week? @puffdood.eth
That’s correct as far as I understand
Got it king 👑ty 🍖x22
Great summary about $BUILD ss2 by @pohe ! Oh sheesh haha i did not know it will be started tmr on July 16th 😅 Read below summary or the original guys 🫶 lets get ready. https://paragraph.xyz/@macedo/build-log-7
Nice I had forgotten about build lol
Hâhhaa me too 🤣🤣 just read about it lol
It's Build Season 2 from tomorrow. I'm looking forward to it.
Promise me to nominate me every day
Read the rule plz. Cant nominate twice a week. Signn
You can cheat over it , nominate me every day 😒
Haha, I just found out after seeing Tony's post. My first builder is you!
Hâhha yeah me too 🤣🤣 i just knew it few minutes ago lnao
I didn't buy a tellant. The builder score is low... It's 3 points, but I don't know how to raise it🤣
enjoyment😊
thanks for sharing mate 🎭 33 $degen
Haha lets go and got yo tmr mate
yup, cant wait 😂
build!! 👀 starting again 🙌🏻 the new nomination 🫠 I'll read now 77 $degen 200 $wild
Starting tmw broda 😅 i just knew also
$build in my wallet, waiting for a long time, Iwaiting for a long time...🫠🥹
let's nominate
We need to hold 10M build and have passport talent for ss2
Yes if yo not commit ss1 airdrop
Thanks
IMPORTANT to avoid unnecessary questions @macedo there is a link to the article below, please read it first, you can also see it in the pinned message of the /build group https://paragraph.xyz/@macedo/build-log-7
Thanks for sharing 👍
Thank you for sharing 170 $farther
469 $degen
TL;DR BUILD noms are coming back on July 16th! Only committed builders allowed (committed 100% in Airdrop 1 or hold >10M $BUILD). A total of 50B $BUILD will be distributed by nominations this summer. Unlimited weekly nominations, instead of a maximum of 3 noms per day. https://paragraph.xyz/@macedo/build-log-7
/build noms are coming back on July 16th! 50B $BUILD will be distributed with noms this summer, but only committed builders are allowed to nominate. Read more below and lmk your thoughts. 1M $BUILD for the 3 replies with the best feedback to the proposed changes. Expires in 1 week. @bountybot And if you're in Brussels this week, come say hi! 🇧🇪 https://paragraph.xyz/@macedo/build-log-7
I would love it if we could nominate through an action and have a weekly counter of our nominations accessible in a frame. The idea of being inspired to nominate someone based on their cast seems the best way to go.
Hi Macedo, I have a question regarding the participation criteria: Are those of us who committed 50% of our $BUILD (for me, that's $8 million) eligible to participate? It seems a bit unfair if this isn't the case, especially since some people who committed 100% contributed much smaller amounts. Moreover, our commitment was made with the intention of supporting the Build Summer Fund. Thanks!
hey! that seems to be a common question anyone can participate, you just need to meet 1 of these 2 conditions: 1. have committed 100% in Airdrop 1, OR 2. hold >10M $BUILD and have a verified checkmark on Talent Passport* in your case, you just need to hold $2M more to be eligible
Thanks, but I still don’t understand the logic here. Why would someone who committed less $BUILD yet committed 100% be eligible versus someone who committed more $BUILD but 50% of the total, not be edible?
A question, what if I didn't claim due to the wallet error - where did the build tokens for the last season go?
if you didn’t claim or commit they will be burned we can still commit them manually for you, and in this case they will be redistributed during the summer
sure you can commit my build tokens. wallet: 0x590f4cA9b70860d1B89be8A7e69f22E59f6dCF6f
I didn't know you could commit them manually, I asked a long time ago for that 🙃 Can you confirm if you did that for me?
it would be nice to see the “best builders” every week to understand how many points they score daily and get additional motivation
okay will participate. so this time we gonna able to trade our airdrops? what will happen to committed build tokens?
committed tokens will be redistributed by this 2nd round of noms
Amazing new Filipe! I have once question, so round 2 will last all summer right? (3 months)?
It doesn't have a fixed final date yet. Let's see how it goes.
Thanks for response Filipe, we'll kep finding and nominating builders 🔥
My only feedback is it might be good to increase nomination reward to a minimal 1 or 2 % otherwise a lot of people might forget about the project midway through and it loses steam. Additionally it may be good to provide a minimal nomination allowance to the people that didn’t commit their tokens to keep more eyes and engagement on the project.
good feedback, thanks
Great work
Here we go , just why my daily allowance doesn't count in my talent passport?
wdym?
In talent passport, we got an option that Degen daily allowance has extra points , right ? Mine is zero and hasn't calculate for me , but I got near 10k DEGEN allowence.
I'm ready, I knew I just had to give 100% of my build!