Mid Year Awards

June 2021
Tokyo

Watch Now – Awards Ceremony

The tokenized assets industry is a game-changer. The World Economic Forum forecasts that by 2027, 10% of the world’s GDP will be tokenized — with an estimated market capitalization of US$24 trillion.

The Tokenized Assets & Digital Securities Awards (“TADS Awards”) is the world’s first annual international awards for Tokenized Assets & Digital Securities sector. It celebrates this industry by recognizing and honoring significant contributions and distinguished achievements worldwide. Hosted annually, the TADS Awards brings together individuals and businesses to share the energy that tokenization brings to the financial sector.

TADS Awards also aims to nurture the growth of these specific industries by jointly establishing “best practices” and setting “measuring standards” for high-quality tokenized assets and digitized securities, together with other industry leaders on the global market.

Mid Year TADS Awards Tokyo

For TADS Awards 2021, a special mid-year awards will be hosted in Japan in June. Winners from the mid-year awards will automatically qualify as finalists in the year-end awards that will be hosted later in November 2021 in Hong Kong. The year-end awards will be a full-scale awards ceremony with a total of ten winners selected from two awards categories (five awards for each category) with the newly added NFT Token Award and NFT Platform Award. In addition, numerous a number of Rising Stars Awards have been created to encourage start-up companies and recognize innovative proof-of-concept projects in these industries

Mid Year TADS Awards Tokyo presents two awards in total for the each Award Categories:

BEST OF CLASS TADS (for asset issuers)

Winner

ECO-SYSTEM EXCELLENCE (for service providers)

Winner

TADS Awards accepts nominations globally. Nominees shall have ready services / products, reasoned management team with financially stable company background.

Nominations can be via self-submission or submission by a third-party Nominator. There is no cost associated for any stage of the TADS Awards, and nominees can withdraw at any time.

NOTE :
– Nominee, the principal applicant or contestant for this award (“Project”)
– Nominator, a third-party company who is nominating a Project as the Nominee
– Projects nominated by any of the committee members, global ambassadors and partners listed on the TADS Awards site will be entitled to 5% bonus points due to additional level of pre-vetting and pre-qualification work.

Application (Comprising Part-1 and Part-2)

Part-1 : Basic Information

• Either the Nominee (for self-submissions) or a Nominator will submit the Application Form online;
• For Part-1 of the Application (this form here), only basic information of Nominee and Nominator are required;
• The Nominator (if applicable) will receive a confirmation email for them to confirm their nomination to the Nominee (Project);
• The Nominee (Project) will receive a confirmation email, with a special URL accessing a new form to continue Part-2 of the application process.

Part-2 : Project Detail

• After completion of the four steps of Part-1 above, the Application will proceed to Part-2.
• In Part-2 of application, Nominee (Project) is required to fill in detailed information of Project and to provide supporting materials & documentations of the Application.

A Vetting / Audit Committee will conduct screening, qualifying and auditing of information submitted by the nominee. Shortlisted candidates will be passed to Award Committee for grading, judging and selection of winners at the next stage.

The Asia Pacific Digital Economy Institute, organizer of the TADS Awards, appoints two independent judging panels (“Awards Committees”) each year, one Awards Committee for each Award Category.

Awards Committee members are carefully selected to ensure the process is fair and objective, and will include experts from across the financial technology and financial services sectors. Each member of the Awards Committee is bound by a strict confidentiality agreement and are required to declare any conflict of interest in relation to applications over which they deliberate and to stand aside from deliberations where there is a conflict.

Awards Committee will select winners from the two Awards Categories based on the below judging criteria:

The “BEST OF CLASS TADS” category is for the issuers of different types of digitized securities. The judging criteria is based on:

• Innovation
• Economic Viability
• Risk Management
• Corporate Governance
• Compliance

The “ECO-SYSTEM EXCELLENCE” category is for the technology / service providers along the value chain. The judging criteria is based on:

• Impact
• Ingenuity
• Cost Efficiency
• Practicality
• Compliance

Each Awards Committee will base their score for each entry according to: 

1) the judging criteria of the respective Award Category;
2) information provided in the application form, and
3) any substantiating evidence uploaded or shared with the application.

Each member of the respective Awards Committee will score entries independently and then review scores collectively to make a final decision.

BEST OF CLASS TADS (Tokenized Assets & Digitized Securities)

Economic viability

The methods of economic analysis used, including but not limited to the payback period method, internal rate of return method, and net present value method.

Innovation

The novelty of financial products which apply technology and creativity, and which utilize unique aspects of TADS to design a product that differs from the status quo.

Risk management

The ability to manage risk on underlying investments in order to protect overall risk exposure of investors by issuers of such products. (TADS are essentially financial investment products.)

Corporate Governance

The use by issuers of technology to enhance internal governance, improve transparency and accuracy to financial products. (Blockchain technology is core to TADS products.)

Compliance

The demonstration of compliance in relation to local and/or international securities laws and regulations of their respective jurisdiction is fundamental. (TADS are considered as securities in most jurisdictions.)

ECO-SYSTEM EXCELLENCE (Vertical Solutions)

Ingenuity

The idea / solution in relation to the project is inventive, smart and easily adapts to being a practical application for users.

Impact

The innovation has a material and sustained impact on the project as measured by directly or indirectly improving the competitive advantage of the underlying TADS and / or ability to improve the work process of the issuers.

Practicality

The solution offers a practical way to effectively deal with some of the key challenges faced by issuers. The ability to deliver key value propositions and to bring results are vital.

Compliance

The solution demonstrates the ability to enhance compliance with local and international regulations, in addition to specific client mandates.

Cost Efficiency

The cost efficiency of the solution, taking into account the scalability, sustainability and long term profitability of the solution. Cost efficiency is at the core empowering these factors.

Winners for TADS Midyear Awards – Tokyo will entitled to below benefits

* Also available to Finalists
** Available to Finalists upon request