How We Chose the CoinDesk 50

The CoinDesk 50 is an annual selection of the most innovative, consequential and viable projects in the crypto-blockchain industry.

May 7, 2020 at 1:15 p.m. UTC
Updated Sep 14, 2021 at 8:38 a.m. UTC
CoinDesk Insights

In assembling the inaugural CoinDesk 50, we cast the net wide. We wanted a final list that encompasses the entire industry, from bitcoin to conglomerates adopting blockchain technology.

We started by gathering a "long list" of more than 200 contenders based on submissions from CoinDesk staff around the world. Then we sampled some outside experts for more names. Then we divided the list into categories (for example, "DeFi" or "enterprise") and picked companies and organizations that are best-in-class.

Our criteria included:

  • Innovation: How innovative is this company or project, judged against the industry as a whole, and against its immediate peers?
  • Viability: Given its funding, leadership team and demand, how likely is "X" to succeed in the next five years? 
  • Buzz: How much traction does "X" have among venture funders, the media, and on Crypto Twitter?

This isn't an exact science, obviously. Inevitably we left out worthy companies and included some people may not like. If you have concerns or complaints, please get in touch and we will attempt to explain our decision-making. (Please note: this is a list or selection, not a ranking.)

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
Fantom Stablecoin DEI Becomes Latest to Lose Dollar Peg

DEI lost as much as 46 cents in European hours this morning. It follows a trend of several algorithmic stablecoins losing their pegs.

DEI lost as much as 46 cents in European hours this morning. It follows a trend of several algorithmic stablecoins losing their pegs.

2
Japan’s Nomura Said to Launch Crypto Unit With DeFi and NFTs on Menu: Report

The Japanese investment bank carried out its first cryptocurrency derivatives trades last week.

The Japanese investment bank carried out its first cryptocurrency derivatives trades last week.

3
Morgan Stanley Says NFTs Next to Watch After UST Collapse

Most speculative and leveraged areas of crypto markets now in focus, the bank’s analysts said.

Most speculative and leveraged areas of crypto markets now in focus, the bank’s analysts said.

4
Bitcoin Sees 7 Straight Weeks of Losses for the First Time

Fears of inflation and poor macroeconomic sentiment have caused bitcoin to fail as an inflation hedge in recent weeks.

Fears of inflation and poor macroeconomic sentiment have caused bitcoin to fail as an inflation hedge in recent weeks.