Hotcoin Research | WEB3 Earnings: Farcaster Ecosystem—A Guide to BUILD Project Airdrop Interactions

In-depth Research
Cập nhật2026-08-21
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Project Introduction


The BUILD project is a token reward system on a decentralized social network recently recommended by the founder of Base, similar to the DEGEN project but with a different reward mechanism. BUILD tokens aim to reward talented individuals known in real life rather than excellent content discovered online. The project rewards builders through peer nominations, encouraging valuable on-chain contributions.

BUILD is a reward token based on the Base chain, awarded to valuable contributors on the chain through peer nominations. Each nominator has a daily BUILD budget, with 90% going to the nominee and 10% to the nominator. BUILD points will be converted to BUILD tokens at the end of the airdrop. BUILD tokens are ERC-20 tokens that can be traded on Uniswap.


Project Links


Current Progress


The first phase of the BUILD project's airdrop has ended. The event lasted 21 days, with 170,000 participants submitting nearly 1.8 million nominations. The snapshot time for the first phase airdrop was 9 PM on June 4th. BUILD nominations will be paused for a week to verify the nomination data, with token claims starting on June 11th.

  • Registered users: 25,079

  • Splitters: 12,785

  • Pay It All Forwarders: 12,294

  • Total claimed $BUILD: 26,891,240,682

  • Total submitted $BUILD: 66,493,060,096


Token Economics


BUILD Tokens

Currently, there are 38,431 addresses holding tokens, with 1.7M liquidity on uni v3.


Airdrop

According to the official tokenomics, there will be two more airdrops. The second season airdrop is expected to start within a week, with details available on the official warpcast.


How to Participate


The second phase of the airdrop has not yet started. Follow the official warpcast for updates.

Register Warpcast account:

Refresh Score:

  • Visit the BUILD statistics page and click the "Refresh Score" button.

  • Nominate and Be Nominated:

    • Search and nominate worthy builders on the BUILD website. The nomination link can be shared with others to nominate you.

    • build (currently paused)

Check Ranking:

  • Check your ranking on the BUILD website.

BUILD nominations allow you to recommend builders who deserve BUILD tokens. You can nominate up to three different builders per day, and nominations are a way to express appreciation to builders you admire. The value of the nomination depends on each person's daily BUILD budget, with 90% going to the nominee and 10% to the nominator. At the end of Airdrop 1, BUILD points will be converted to BUILD tokens.


Purchase ENS DID (optional)


According to the official airdrop rules, holding ENS before May 15th provides an additional bonus.

Register or purchase ENS:

  • Direct registration and setup cost around $20.

  • Purchasing someone else's ENS costs about $15.

    • Purchase page: https://vision.io/

    • Purchasing ENS requires $1.5 + $5 gas fee.

    • Transferring management to your address requires a $1.5 gas fee.

    • Setting as primary name requires $1.5 + $4.5 gas fee.


Strategy and Benefit Analysis


Strategy

  • Buy BUILD tokens when the price is low and hold them at the right time (HOLD contract: 0x3c281a39944a2319aa653d81cfd93ca10983d234).

  • Register multiple small accounts, each following some celebrities and other small accounts to increase nomination opportunities.

  • Nominate three new people daily as each account can only nominate three different people per day.


Worthy Nominees


Benefit Analysis

  • Based on the data from this airdrop, participating for 21 days yields a single account profit of 10-30 USD, with higher returns for ENS holders.

  • Warpcast's ecosystem projects incentivize participation, offering higher returns and rewards with more engagement.

Nominations earn 10% of the daily BUILD budget as a reward. BUILD budget represents the BUILD points each user will receive from your nominations. A SocialFi personal profile (Talent Pass or Farcaster) is required to obtain a BUILD budget and make nominations.


Risk Analysis


  • Nomination Limit: Only three different builders can be nominated daily, and the same builder cannot be nominated repeatedly.

  • Account Compliance: Using multiple accounts for nominations may be detected and lead to disqualification.

  • Budget Non-Rollover: Unused BUILD budgets do not roll over to the next day and must be used up daily.

  • Market Volatility: As an ERC-20 token, the price of BUILD tokens may be affected by market fluctuations, and investment risks should be considered.

BUILD budgets are calculated daily at 00:00 UTC. Unused budgets do not roll over and will simply disappear. Ensure that your nominations do not exceed the daily limit of three times and always reward those you believe are most deserving.


Conclusion


The BUILD project offers a system to reward excellent builders through on-chain nominations. Users can participate by registering a Warpcast account and nominating other builders. Despite certain nomination and budget limitations, strategic participation can yield returns. However, it is essential to be aware of market volatility and account compliance risks.


About Us

Hotcoin Research, as the core investment research department of Hotcoin, is dedicated to providing comprehensive and professional analysis of the crypto market. Our goal is to offer clear market insights and practical operational guidance for investors at all levels. Our professional content includes "Play to Earn Web3" tutorial series, in-depth analysis of crypto market trends, detailed analysis of potential projects, and real-time market observations. Whether you are a newcomer exploring the crypto world or a seasoned investor seeking deep insights, Hotcoin is your reliable partner for understanding and seizing market opportunities.


Risk Disclaimer

The crypto market is highly volatile, and investment involves risks. We strongly advise investors to fully understand these risks and operate within a strict risk management framework to ensure the safety of their funds.



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