Builder Economy

Definition ∞ The builder economy refers to the collective activities of developers, engineers, and innovators who construct applications, protocols, and infrastructure within the decentralized web, often leveraging blockchain technology. This economy centers on the creation of new tools, services, and platforms that expand the utility and reach of digital assets. It represents the foundational layer of innovation in the crypto space.
Context ∞ The health of the builder economy is a vital indicator of long-term growth and innovation within the cryptocurrency and Web3 sectors. Discussions frequently focus on funding mechanisms, talent acquisition, and the challenges of scaling decentralized projects. A critical future development involves fostering environments that support open-source contributions and cross-chain interoperability to accelerate technological progress.