The crypto industry has seen a lot of progress over the years. This growth is no doubt thanks to our cumulative efforts. However, certain individuals and projects have displayed remarkable brilliance worthy of recognition. Sadly, we’ve lacked a collective and reliable platform to reward and recognize standout players. But not anymore.

CoinMarketCap (CMC), one of the most reliable cryptocurrency data sources, is launching the first-ever CMC Crypto Awards. The annual event will be hosted online from February 21 to March 6th. The event will award and recognize standout individuals and projects shaping Web3. It’s starting today. Vote for your favorites starting now.

The CMC Awards will recognize achievements in eight different categories across the industry. Some categories include:

  • Meme Coin of the Year

  • Most Innovative NFT and Gaming Project

  • Crypto of the Year,

  • Bridge Builder of the Year

  • Social Influencer to watch

  • Most Innovative DeFi Project,

  • Most Innovative L1/L2 Cross Chain Project

  • Crypto Leader of the Year.

Furthermore, the award nominees will be revealed daily starting on February 22 on CMC’s website and social media accounts. The public can vote until March 3rd, and the winners will be revealed on March 6th. Several factors decide the winners. This includes community votes, professional committee analysis, and data from CoinMarketCap.

Reacting to the event, Rush Luton, CEO of CoinMarketCap, 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.”

The award will no doubt motivate crypto developers and projects. It will also create a stronger sense of community within the industry. It will assemble crypto projects, products, and industry experts for a united cause.

About CoinMarketCap 

CMC is one of the biggest crypto asset price tracking platforms. It makes crypto trading easy for all levels of users by compiling

  • real-time data,

  • trading volume,

  • Historical price charts

  • market capitalization, and other major metrics.

Follow the official CMC page for more details on the award.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.

We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. This post was sponsored by CoinMarketCap

Copyright Altcoin Buzz Pte Ltd.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.