CoinMarketCap has introduced the launch of the inaugural CMC Crypto Awards to acknowledge the accomplishments of networks, individuals, and expertise within the crypto business.
The awards are scheduled to happen between Feb. 21 and March 6.
The collection of winners will depend on CoinMarketCap information, insights from knowledgeable panels, and neighborhood 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 out to be probably the most acknowledged annual celebration of Crypto and Web3. Consider it because the ‘Oscars Of Crypto’, an entertaining method to carry the entire business collectively and have a good time the individuals 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 12 months, which goals to acknowledge groundbreaking innovation and enduring influence on the business. The nominees are Ripple, Solana, Chainlink, Ethereum, and Toncoin.
Within the Crypto Chief of the 12 months class, CoinMarketCap is trying 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 12 months class goals to acknowledge humor and neighborhood 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 Pal.Tech.
The Most Modern L1, L2, Cross-Chain Venture award can 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 neighborhood. Nominees embody Lookonchain, ZachXBT, CryptosRUs, Wendy O, and The DeFi Edge.
Lastly, the Bridge Builder of the 12 months class goals to have a good time established manufacturers which have embraced Web3 to boost 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 trend, sport, gaming, and Web3 by strategic partnerships.