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 number 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 change into essentially the most acknowledged annual celebration of Crypto and Web3. Consider it because the ‘Oscars Of Crypto’, an entertaining technique to convey the entire business collectively and rejoice the individuals and initiatives which can be driving the business ahead.”
CoinMarketCap plans to award excellence throughout eight distinct classes inside 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 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 Yr class goals to acknowledge humor and group engagement within the business, the nominees embody Pepe, Milady, Memecoin, Bonk, and Ordinals.
The Most Progressive DeFi award will honor protocols which have contributed uniquely to the evolving panorama. The nominated initiatives are Uniswap, Unibot, EigenLayer, MakerDAO, and Buddy.Tech.
The Most Progressive 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 rejoice 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 packages, and Nike for mixing vogue, sport, gaming, and Web3 by strategic partnerships.
