CoinMarketCap has introduced the launch of the inaugural CMC Crypto Awards to acknowledge the accomplishments of networks, folks, and expertise within the crypto trade.
The awards are scheduled to happen between Feb. 21 and March 6.
The choice of winners will depend on CoinMarketCap information, insights from professional panels, and group votes, with the winners introduced on the final day of the occasion.
CoinMarketCap CEO Rush Luton stated:
“Our intention is for the CMC Crypto Awards to turn into essentially the most acknowledged annual celebration of Crypto and Web3. Consider it because the ‘Oscars Of Crypto’, an entertaining option to deliver the entire trade collectively and have fun the folks and initiatives which are driving the trade ahead.”
CoinMarketCap plans to award excellence throughout eight distinct classes throughout the crypto sphere.
The nominees
The primary award is the coveted title of Crypto of the Yr, which goals to acknowledge groundbreaking innovation and enduring impression on the trade. The nominees are Ripple, Solana, Chainlink, Ethereum, and Toncoin.
Within the Crypto Chief of the Yr class, CoinMarketCap is seeking to honor visionaries who fight worry, uncertainty, and doubt (FUD), propelling technological developments, adoption, and regulatory progress worldwide.
Nominees embody former Binance CEO Changpeng Zhao, Coinbase CEO Brian Armstrong, Messari CEO Ryan Selkis, Ethereum co-founder Vitalik Buterin, and Hong Kong’s Securities and Futures Fee (SFC) CEO Julia Leung.
The Meme Coin of the Yr class goals to acknowledge humor and group engagement within the trade, the nominees embody Pepe, Milady, Memecoin, Bonk, and Ordinals.
The Most Revolutionary DeFi award will honor protocols which have contributed uniquely to the evolving panorama. The nominated initiatives are Uniswap, Unibot, EigenLayer, MakerDAO, and Pal.Tech.
The Most Revolutionary L1, L2, Cross-Chain Undertaking award might be given to networks which have demonstrated appreciable scalability, safety, and interoperability developments. The nominees embody Arbitrum, Aptos, Axelar, ZKSync, and Celestia.
CoinMarketCap additionally needs to acknowledge the numerous contributions of social media influencers for enriching the crypto discourse and advancing the group. Nominees embody Lookonchain, ZachXBT, CryptosRUs, Wendy O, and The DeFi Edge.
Lastly, the Bridge Builder of the Yr class goals to have fun established manufacturers which have embraced Web3 to reinforce buyer worth.
Nominees for this award embody BlackRock for championing a Bitcoin ETF, PayPal for its PYUSD stablecoin, Reddit for gamified avatars simplifying Web3 entry, Starbucks for Web3 loyalty applications, and Nike for mixing style, sport, gaming, and Web3 by way of strategic partnerships.
