The First-Ever CMC Crypto Awards Coming in 2024 From CoinMarketCap
Coin MarketCap’a CMC Awards to recognize trailblazers across different segments of Web3 projects.
Prominent crypto price-tracking website CoinMarketCap announced the first-ever CMC Crypto Awards to celebrate outstanding individuals, products, and initiatives driving the evolution of cryptocurrency and Web3, underscoring the project’s continued prominence in the crypto sphere and commitment to its community.
This annual event will take place virtually from February 21st to March 6th.
CMC Crypto Awards
According to the official press release shared with CryptoPotato, the CMC Crypto Awards will spotlight accomplishments across a diverse spectrum spanning from mainstream cryptocurrencies to meme coins, NFTs, gaming initiatives, and DeFi projects. It also recognizes the role of bridges, L1s, L2s, and cross-chain projects in the ecosystem.
The eight distinct categories :
- Cryptocurrency of the Year
- Meme Coin of the Year
- Most Innovative NFT and Gaming Project
- Most Innovative DeFi Project
- Bridge Builder of the Year
- Social Influencer to Watch
- Crypto Leader of the Year
- Most Innovative L1/L2/Cross-Chain Project
Binance, Animoca, and Others Hop On
Starting February 22nd, nominees for these awards will be unveiled daily on CoinMarketCap’s website and social media platforms, with the community invited to cast their votes until March 3rd. The winners, determined on the basis of CoinMarketCap’s data, expert evaluation, and community input, will be revealed on March 6.
CoinMarketCap CEO Rush Luton, in a statement, said,
“The innovation we have seen in Crypto this past year is truly inspiring. 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’, an entertaining way to bring the whole industry together and celebrate the people and projects that are driving the industry forward. We congratulate all the nominees and look forward to sharing their achievements with the whole global crypto community.”
CoinMarketCap has partnered with some of Web3’s biggest names to host this event, such as – BingX, Animoca Brands, Binance, Trust Wallet, Coinbase, Chainwire, Zeebu, and ICP Hubs Network.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dogecoin's market cap crosses $63 billion after 51% price surge
Dogecoin gained 51% in the last 24 hours to trade at $0.43, with a market capitalization of $63.5 billion.Analysts say Dogecoin proponent Elon Musk’s involvement in the upcoming Trump administration is adding fuel to the memecoin’s surge.
Bitcoin futures basis yields at multi-month highs may signal potential leverage unwind risk: analysts
Bitcoin futures basis yields have surged to 7-month highs, raising concerns over market leverage, QCP Capital analysts say.However, the analysts noted strong demand for high-strike call options, signaling investors’ anticipation of further breakout potential.
The German government missed out on $1.6 billion by selling its bitcoin early
The German government sold 50,000 bitcoin just four months ago — right before a major rally in the asset’s price.This pales in comparison to the amount of value the U.S. government has missed out on from its 11 bitcoin auctions.
Coinbase launches COIN50 index, tradable as a perpetual future with up to 20x leverage
Coinbase has launched a new index representing the top 50 digital assets listed on its exchange that meet the index’s fundamental criteria for inclusion.The COIN50 index is also available to trade as a perpetual future with up to 20x leverage.