2020 was a special year for everyone. Everything became unpredictable due to the covid-19 pandemic. However, the spotlight has shined on the blockchain industry as it entered the 12th year of development.
In 2020, Bitcoin displayed stronger correlation with the global financial market. It survived the plummet of 40% on March 12 and then surged to a record high of US$29,000 by year end, which made it the best performing asset under the shadow of the pandemic.
In 2020, we saw a new landscape in public chains: the Ethereum 2.0 upgrade has been going well with the Beacon Chain going live upon the earliest anticipated launch time; popular public chains such as Polkadot and Filecoin followed on their roadmaps and launched mainnets successively.
In 2020, DeFi embraced an explosive growth, entering a so-called “Mining Era”. It was not rare to see new governance tokens skyrocketed straightaway after launch.
In 2020, the mining industry continued to show momentum. Miners of Bitcoin and Ethereum made excess earnings because of price surges of the cryptos. DeFi “farmers” reaped more than what they sowed through liquidity mining.
To record those highlighted moments in the blockchain field last year, PANews, along with data organizations, industrial media and communities, hosted the inaugural PARTY Award, PANews’ Retrospect of The Year Award, to review and celebrate developments and excellence in the past year and look forward to a more fruitful 2021. After over one month’s online voting and data evaluation, finally, 120 projects/companies and 46 individuals stood out and won the PARTY AWARD 2020.
In the category of Public Chains/Technology Infrastructure, there are the Most Dynamic Public Chain Award, Best Technological Innovation Award and Best Popularity Award. Based on the average number of daily active addresses, number of transactions, community size and supporting materials of innovative technologies submitted by projects, plus online votes, the following 16 public chains won the three Awards in this category respectively:
In the category of Exchanges, there are the Best Trading Depth Award, Best Safety Award, Best Product Innovation Award and Best Popularity Award. Based on exchanges’ BTC balance and net inflow in the year, number of user addresses, website visits, number of security incidents and the losses incurred, and materials of product innovation submitted by the exchanges, plus online votes, the following 17 exchanges won the award in this category:
In the category of DeFi, there are the Best Governance Award, Best Defi of the Year，Most Promising Defi of the Year Award and Best Popularity Award. Based on the locked-up value, trading volume, user number, value of governance token and its annual growth, number of governance token holders and materials of product innovation submitted by the project, plus online votes, the following 22 DeFi projects won the awards in this category:
The awards for mining brands include Best Mining Pool of the Year (BTC) Award, Best Mining Pool of the Year (ETH) Award and Most Influential Mining Companies Award. Based on the average daily share of commuting powers and its growth in the year and supporting documents provided by the company, plus online votes, the following 15 brands won the awards in this category:
The awards for investment institutions include Most Powerful Investment Institutions of the Year Award and Most Promising Investment institutions of the Year Award. Based on the number of investments, plus online votes, the following 27 institutions won the awards in this category:
The development of any industry cannot be achieved without the driving force of the leading companies. PANews together with an expert panel of judges selected out the following companies based on their influence, contribution to the industry and society and the materials they submitted and public voting, to celebrate their excellence.
Business leaders and Key Opinion Leaders (KOLs) are steersmen of the industry and a significant foundation for its development. Based on their influence and contribution to the industry, plus online votes, PANews alongside an expert panel of judges selected out the following 46 individuals for the business and opinion leader awards:
