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CoinMarketCap announced the launch of the first CMC Crypto Awards to recognize the achievements of networks, people and technology in the crypto industry.
The awards ceremony is expected to take place between February 21 and March 6.
Winner selection will be based on data from CoinMarketCap, insights from expert panels and community votes, with winners announced on the final day of the event.
Rush Luton, CEO of CoinMarketCap, said:
“Our intention is for the CMC Crypto Awards to become the most recognized annual celebration of crypto and Web3. Think of it as the “Oscars of Crypto,” a fun way to bring the entire industry together and celebrate the people and projects driving the industry forward.
CoinMarketCap plans to reward excellence in eight distinct categories within the crypto sphere.
The nominees
The top prize is the coveted Crypto of the Year title, which aims to recognize groundbreaking innovation and lasting impact on the industry. The nominees are Ripple, Solana, Chainlink, Ethereum and Toncoin.
In the crypto leader of the year categoryCoinMarketCap seeks to honor visionaries who combat fear, uncertainty, and doubt (FUD), propelling technological advancements, adoption, and regulatory advancements around the world.
Nominees include former Binance CEO Changpeng Zhao, Coinbase CEO Brian Armstrong, Messari CEO Ryan Selkis, Ethereum co-founder Vitalik Buterin and Hong Kong Securities and Futures Commission (SFC) CEO Julia Leung.
The Meme Coin of the Year category aims to recognize humor and community engagement in the industry, the nominees include Pepe, Milady, Memecoin, Bonk and Ordinals.
The Most Innovative DeFi Award will recognize protocols that have uniquely contributed to the evolving landscape. THE appointed the projects are Uniswap, Unibot, EigenLayer, MakerDAO and Friend.Tech.
The Most Innovative L1, L2 Cross-Chain Project Award will be awarded to networks that have demonstrated significant progress in scalability, security, and interoperability. Nominees include Arbitrum, Aptos, Axelar, ZKSync and Celestia.
CoinMarketCap also wants recognize meaningful contributions from social media influencers to enrich crypto discourse and advance the community. Nominees include Lookonchain, ZachXBT, CryptosRUs, Wendy O and The DeFi Edge.
Finally, the Bridge Builder of the Year category aims to celebrate established brands that have adopted Web3 to improve customer value.
Nominated for this price Let us cite BlackRock for having defended a Bitcoin ETF, PayPal for its stablecoin PYUSD, Reddit for gamified avatars simplifying access to Web3, Starbucks for Web3 loyalty programs and Nike for mixing fashion, sport, games and Web3 thanks to to strategic partnerships.
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