Most Innovative NFT & Gaming Project - CoinMarketCap Crypto Awards 2024

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This next category celebrates the projects that have merged innovation and entertainment through the use of blockchain technology and NFTs. These pioneers have designed a landscape where pixels meet profit, where gaming and art can also meet fun and financial possibility. Here are your nominees for ‘CMC’s Most Innovative NFT & Gaming Projects’

Next up we have Pudgy Penguins, an 8,888 collection of irresistibly cute penguin NFTs on the Ethereum blockchain. This project not only proves the power of community NFTS – it's established an impressive business model too. The CEO, Luca Netz, aims to revolutionise the NFT marketplace, generating income by leveraging its intellectual property via real-world licensing. They’re already selling merchandise, toys and exclusive experiences, partnering with the likes of retail giant Walmart, where they’ve sold millions of dollars worth of plush penguin toys.

Our third nominee is BendDAO. A trailblazing liquidity protocol for NFTs…Their platform facilitates instant NFT-backed loans in the form of Eth, yields from deposited blue-chip NFTs, and even partial pre-purchases of NFTs by providing down payments. This first of its kind Peer-To-Pool lending solution already has over $100 million total value locked and allows for increased liquidity within the NFT trading landscape. Users can also help provide liquidity by staking its native token BEND, Eth, or USDT, earning them a yield.

Up next is Big Time, a promising crypto gaming project on the Ethereum blockchain. After finishing a year long Beta testing they introduced a better player-owned economy. Big Time has decided to focus on a free-to-play experience instead of miss-aligned pay-to-win mechanics. Players can earn as they play, collecting and forging NFTs, which they’re able to sell in the marketplace to earn its native token $Bigtime.

Finally we have Immutable, the leading one-stop shop platform for building web3 games. With over 150 games, over 20 NFT marketplace integrations and over one billion dollars of ecosystem funding, Immutable is the powerhouse of blockchain game building…It has recently introduced Immutable zkEVM, a first of its kind chain for games that offers EVM compatibility, low cost, massive scale, and Ethereum security. As well as the Immutable Passport, a wallet that streamlines user onboarding through passwordless sign-on and automated wallet creation.

RW: CMC Crypto Awards is an independent initiative to recognise and acknowledge outstanding achievements in the crypto industry. The use of any third-party trademarks, brand names, or logos does not imply any endorsement or association with CMC. All intellectual property rights related to the mentioned brands are the property of their respective owners. CMC disclaims any intention to infringe upon or violate these rights.

00:00 - Most Innovative NFT & Gaming Project
01:24 - Pudgy Penguins
02:14 - BendDAO
02:56 - BigTime
03:52 - Immutable
04:56 - VOTE NOW