It has been a difficult year for the NFT market, as it battled through a relentless bear market with dwindling user and transaction volumes. Consequently, the overall sentiment surrounding NFTs has been largely negative. However, in the midst of these trials, there is a glimmer of hope within the Web3 community.
Next up to receive a physical #Binance Award…
The NFT project of the year!
Vote here! ⤵️
— Binance (@binance) June 26, 2023
In an exciting turn of events, Binance, one of the leading cryptocurrency exchanges, has unveiled its highly anticipated NFT Project of the Year poll. This poll features a selection of renowned “blue chip” projects as nominees, representing some of the most notable names in the NFT space. Among the distinguished projects vying for the title are The Bored Ape Yacht Club, Azuki, DeGods, and more. The winner of this prestigious accolade will receive a physical award from Binance, adding to their recognition and prestige.
The nominated projects have endured a tumultuous journey over the past year. The euphoria that characterized late 2021 and early 2022 did not carry over into 2023, and these projects have faced a series of challenges. From enduring FUD (Fear, Uncertainty, and Doubt) to weathering community backlash and witnessing declining floor prices, they have had their mettle tested.
Now, the fate of these struggling blue chip projects lies in the hands of their supporters and enthusiasts. By participating in the Binance Awards – NFT Project of the Year poll, individuals have the opportunity to cast their vote for the project they believe deserves recognition and a much-needed boost. The winner will be determined on Monday, July 3rd, 2023, at 12pm UTC.
It’s time to rally behind these projects and show support for their resilience. Visit the Binance Awards website to make your voice heard and play a role in uplifting these struggling nominees. Let the voting begin and may the best project win!
Compiled by Coinbold