The first edition of the annual NFT ( non-fungible token ) Awards, Co-hosted by Enjin and DEA The upcoming NFT Awards will feature an impressive list of industry judges, including high-profile figures from Ubisoft and Microsoft, highlighting the increasing wave of interest in NFTs especially as gaming merges with blockchain technology.
Digital real estate is gaining momentum alongside the NFT boom, with the marketplace for NFTs expanding rapidly. Blockchain technology is driving this growth, supporting various forms of virtual assets ranging from land to art and more.
2020 NFT Awards
As outlined in a statement with Blockonomi, submissions are invited now for the first-ever edition of the awards. NFT Awards This includes multiple categories such as 'NFT of the Year', 'Most Innovative', and 'Most Traded'. Additional categories include 'Most Valuable', 'People's Choice', and 'Adoption Potential', among others.
The awards event is slated for December 9, 2020, and will be accessible via a live stream on Twitch, according to their announcement.
The 2020 NFT Awards have attracted a remarkable lineup of judges. Notable names like Etsuji Nakai from Google Cloud, Nicolas Pouard from Ubisoft, and Sherry List of Microsoft's Azure Heroes NFT program are set to participate as judges, along with Pokémon designer Shigeki Morimoto and ex-Sony CEO Noboyuki Idei.judges Before these distinguished figures select the winners, the Blockchain Council's industry leaders will provide an initial shortlist from the nominees.
Highlighting the necessity of judges well-versed in NFTs, Enjin's CEO Maxim Blagov noted:
The NFT Awards are planned as an annual event encouraging creators within the Ethereum community and beyond to present their latest achievements. We're inviting potential judges who are eager to explore blockchain's capabilities and critically assess their implications for broader markets.
CEO of DEA, Naohito Yoshida, sees the Awards as a platform to push NFTs to mainstream audiences, suggesting NFTs could transition from entertainment to utility in data-reliant industries.
Progressing towards a comprehensive virtual domain potential of NFTs There's optimism that the NFT marketplace could hit $315 million by year-end. Additionally, the rise of decentralized finance (DeFi) is propelling renewed engagement in the NFT sector.
Developments in virtual real estate are adding to the NFT buzz. Platforms are emerging to facilitate immersive virtual interactions, offering property owners the chance to create digital assets like shopping centers and specialty shops dealing in rare crypto collectibles.
At the start of the year, Blockonomi reported Osato is an avid Bitcoin enthusiast frequently sharing insights on the latest Bitcoin developments. When not engulfed in the crypto news circuit, he indulges in tackling his Scrabble record or pondering deep existential thoughts. Reach him at [email protected]
Emerging market segments like virtual real estate Bybit is winding down its NFT marketplace following a 95% downturn in industry trading volumes.
