CoinMarketCap has introduced the launch of the inaugural CMC Crypto Awards to acknowledge the accomplishments of networks, folks, and know-how within the crypto business.
The awards are scheduled to happen between Feb. 21 and March 6.
The collection of winners will depend on CoinMarketCap knowledge, insights from knowledgeable panels, and group votes, with the winners introduced on the final day of the occasion.
CoinMarketCap CEO Rush Luton mentioned:
“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 strategy to convey the entire business collectively and have fun the folks and tasks which might be driving the business 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 affect on the business. 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 concern, 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 business, the nominees embody Pepe, Milady, Memecoin, Bonk, and Ordinals.
The Most Modern DeFi award will honor protocols which have contributed uniquely to the evolving panorama. The nominated tasks are Uniswap, Unibot, EigenLayer, MakerDAO, and Good friend.Tech.
The Most Modern L1, L2, Cross-Chain Challenge award will probably be given to networks which have demonstrated appreciable scalability, safety, and interoperability developments. The nominees embody Arbitrum, Aptos, Axelar, ZKSync, and Celestia.
CoinMarketCap additionally desires 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 packages, and Nike for mixing trend, sport, gaming, and Web3 by means of strategic partnerships.