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.

AccessTimeIconMay 7, 2020 at 1:15 p.m. UTC
Updated May 9, 2023 at 3:08 a.m. UTC

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.

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  • 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.)

    Disclosure

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

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


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