BuidlGuidl Streams
Loading...PIONEERED BY AUSTIN GRIFFITH
BuidlGuidl Streams proveEthereum builders with a funding stream that allows for flexible withdrawals based on their contributions.
Originating from Austin Griffith’s initiative to support impactful projects, BuidlGuidl Streams ensures consistent financial backing for builders creating products, prototypes, and tutorials in the web3 ecosystem. The mechanism emphasizes trust and flexibility, requiring builders very little to start a receiving a stream, but to state their reasons for withdrawals, creating more of a barrier to claiming it.
Streams are augmented with weekly calls to showcase notable contributions, helping identify projects with significant potential in the Ethereum community. Influenced by the core philosophy of the Ethereum ecosystem and leaders like Vitalik Buterin, BuidlGuidl Streams fosters a bias towards action that can lead to innovation.
BuidlGuidl Streams are ideal for Ethereum developers who enjoy contributing to the ecosystem and working on innovative projects without the constraint of predefined job descriptions.
BuidlGuidl Streams allow builders to work on their projects independently, with financial support being allocated based on their efforts. It promotes ongoing development within the Ethereum space and helps builders focus on learning and creating innovative solutions. The contributor streams ensure transparency in salary and contribution and allow contributors to return to the same stream for repeated withdrawals.
BuidlGuidl Streams provide a sustainable way for builders to receive continuous funding while allowing them to explore diverse project ideas. First, builders are identified during Austins Weekly Friday calls, where the core team recognizes individuals making valuable contributions to the Ethereum ecosystem. For each selected builder, a smart contract is deployed that starts fully funded, allowing for immediate access to resources rather than dispensing funds gradually. Each contract permits a maximum withdrawal amount over a 30-day period—typically around 1.5 ETH.
As builders complete their work, they can withdraw funds from their stream, with the “meter” only running when funds are actually withdrawn.
When withdrawing funds via the website, builders must provide a reason for their withdrawal, detailing the work they have accomplished. The core team periodically refills these streams based on the builders’ contributions and withdrawal patterns. As long as they continue to actively contribute to the ecosystem, builders can repeatedly access the same stream for additional withdrawals. In this way, contributors are dynamically funded based on their ongoing contributions.
The mechanism enables ongoing financial support, allowingbuilders to work at their own pace on projects that benefit the community.
There are no rigid project stages; builders have the freedom to self-select the projects they wish to pursue, promoting a highly
independent and creative process.