CoinMarketCap launches ‘Oscars of Crypto’ to celebrate industry accomplishments

CoinMarketCap has announced the start of the inaugural CMC Crypto Awards to see the accomplishments of networks, people, and expertise in the crypto trade.

The awards are scheduled to take put between Feb. 21 and March 6.

The want of winners will rely on CoinMarketCap knowledge, insights from knowledgeable panels, and community votes, with the winners announced on the final day of the match.

CoinMarketCap CEO Toddle Luton said:

“Our plan is for the CMC Crypto Awards to turn out to be the most acknowledged annual occasion of Crypto and Web3. Mediate of it as the ‘Oscars Of Crypto’, an appealing technique to ship the total trade collectively and occupy fun the people and projects that are riding the trade forward.”

CoinMarketCap plans to award excellence all the scheme by scheme of eight sure lessons contained in the crypto sphere.

The nominees

The most main award is the coveted title of Crypto of the 300 and sixty five days, which objectives to see groundbreaking innovation and enduring affect on the trade. The nominees are Ripple, Solana, Chainlink, Ethereum, and Toncoin.

Within the Crypto Leader of the 300 and sixty five days category, CoinMarketCap is taking a peek to honor visionaries who strive in opposition to dread, uncertainty, and doubt (FUD), propelling technological advancements, adoption, and regulatory progress worldwide.

Nominees include primitive Binance CEO Changpeng Zhao, Coinbase CEO Brian Armstrong, Messari CEO Ryan Selkis, Ethereum co-founder Vitalik Buterin, and Hong Kong’s Securities and Futures Commission (SFC) CEO Julia Leung.

The Meme Coin of the 300 and sixty five days category objectives to see humor and community engagement in the trade, the nominees include Pepe, Milady, Memecoin, Bonk, and Ordinals.

The Most Innovative DeFi award will honor protocols that occupy contributed uniquely to the evolving landscape. The nominated projects are Uniswap, Unibot, EigenLayer, MakerDAO, and Buddy.Tech.

The Most Innovative L1, L2, Nasty-Chain Project award will likely be given to networks that occupy demonstrated appreciable scalability, security, and interoperability advancements. The nominees include Arbitrum, Aptos, Axelar, ZKSync, and Celestia.

CoinMarketCap additionally desires to acknowledge the main contributions of social media influencers for enriching the crypto discourse and advancing the community. Nominees include Lookonchain, ZachXBT, CryptosRUs, Wendy O, and The DeFi Edge.

Lastly, the Bridge Builder of the 300 and sixty five days category objectives to occupy fun established manufacturers that occupy embraced Web3 to toughen buyer price.

Nominees for this award include BlackRock for championing a Bitcoin ETF, PayPal for its PYUSD stablecoin, Reddit for gamified avatars simplifying Web3 accumulate entry to, Starbucks for Web3 loyalty packages, and Nike for blending fashion, sport, gaming, and Web3 by scheme of strategic partnerships.