Crypto’s Oscars Debut: CoinMarketCap Announces First-Ever CMC Crypto Awards

CoinMarketCap, renowned as the go-to platform for crypto data, insights, and community engagement, today announced the launch of the inaugural CMC Crypto Awards.

Scheduled to take place online from February 21st to March 6th, this groundbreaking event marks the first-ever awards show hosted by CoinMarketCap, aiming to become the pinnacle event in the crypto world, often referred to as the “Oscars of Crypto.”

This groundbreaking awards show, dubbed the “Oscars of Crypto,” is the first of its kind hosted by CoinMarketCap. Its primary objective is to recognize and honor the exceptional individuals, products, and projects driving innovation within the crypto industry.

With a keen focus on celebrating excellence in Crypto and Web3, the CMC Crypto Awards underscore CoinMarketCap’s steadfast commitment to both industry leadership and community engagement.

The awards span across eight distinct categories, ranging from Crypto of the Year to Most Innovative L1/L2/Cross-Chain Project. Each category seeks to highlight noteworthy contributions and achievements within the crypto ecosystem.

The selection process for the winners will be multi-faceted, incorporating various factors. This includes leveraging data from CoinMarketCap, input from an expert independent committee, and the active participation of the community through public voting, which will remain open for a period of ten days.

“The innovation we have seen in Crypto this past year is truly inspiring,” said Rush Luton, CEO CoinMarketCap. “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”

Recognized as a pivotal event within the crypto sphere, the CMC Crypto Awards are poised to unite the community, acknowledge notable accomplishments, and foster a culture of innovation.

As anticipation mounts, CoinMarketCap will gradually unveil the nominees for each category on its website and social media channels starting February 22nd. Community members will then have the opportunity to cast their votes until March 3rd. The final winners, determined through a comprehensive evaluation process involving CoinMarketCap’s data, expert judgments, and community input, will be revealed on March 6th.

In essence, the CMC Crypto Awards represent a significant milestone in the evolution of the crypto industry, symbolizing progress, recognition, and the collective spirit of innovation.

Be sure to check out the official trailer for the CMC Crypto Awards on CoinMarketCap.com (https://coinmarketcap.com/events/cmc-crypto-awards-2024) and mark your calendars for March 6th! That’s when the CMC Crypto Awards ceremony will be live-streamed on YouTube and CoinMarketCap.com.

The event is made possible through a partnership with BingX, Animoca Brands, Binance, Trust Wallet, Coinbase, Chainwire, Zeebu, and ICP Hubs Network. Together, we’re bringing the Crypto community together to celebrate the achievements of the year. Don’t miss out on this opportunity to join us in recognizing the incredible contributions to the Crypto space!