The past year has been a challenging one for NFTs, as the market weathered a relentless bear market. With dwindling user and transaction volumes, the overall sentiment surrounding NFTs has been rather negative. However, amidst these trials, there is always a reason to celebrate in the Web3 community.
In an exciting development, Binance has announced its NFT Project of the Year poll, featuring several renowned “blue chip” projects as nominees. Among them are notable projects like The Bored Ape Yacht Club, Azuki, DeGods, and more. The winner of this esteemed title will receive a prestigious physical award from Binance.
Over the past year, many of these nominees have faced a tumultuous journey. The euphoria that prevailed in late 2021 and early 2022 did not carry over into 2023, and these projects have encountered their fair share of challenges. They have been subjected to FUD (Fear, Uncertainty, and Doubt), faced community backlash, and witnessed declining floor prices.
Now, the power lies in the hands of supporters and enthusiasts to brighten the year for their favorite projects. By participating in the Binance Awards – NFT Project of the Year poll, individuals can cast their vote for the project they believe deserves recognition. The winner will be determined at 12pm UTC on Monday, July 3rd, 2023.
Let the voting begin! Take this opportunity to uplift these struggling blue chip projects and show your support. Visit the Binance Awards website and make your voice heard. Happy voting!