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In this list we feature the ten most prestigious award ceremonies in the film industry, from the hundreds of ceremonies that occur each year. All of these are distinguished and respected awards, held highly in regard by filmmakers and cinephiles around the globe. To ensure a top-notch cinematic experience, you can always count on the movies that have been awarded the Golden Branch of Cannes Film Festival or the Oscars. They are guaranteed to provide unparalleled entertainment value.

Oscar

The US and, likely, the world’s most prestigious film award has been presented since 1927. The Academy of Motion Picture Arts and Sciences consists of 6,000+ voting members divided into 15 guilds who each cast votes in their own categories. Each member of the Academy casts one vote for ‘Best Film’. The identity of the person responsible for naming the award and creating its iconic figurine (of a knight with a sword, standing on a round box with film) remains unknown.

This intricately crafted figurine weighs 3.9 kilograms and is made from an alloy of different metals, gold-plated with 24 carat gold for a stunning finish.

Golden globe

Honored by the Hollywood Foreign Press Association since 1944, the Golden Globe Awards are commonly referred to as the ‘dress rehearsal’ for the Oscars due its occurrence at the end of January each year. This prestigious award is highly regarded, being placed second only to the Academy Awards. The Golden Globes are the equivalent of the Oscars, but for TV shows. Winners are rewarded with a gilded bronze sculpture depicting a globe surrounded by film. This award is seen as a great honor in the television industry.

BAFTA and Cesar

Around the globe, there are a wide array of national film awards. The most renowned and respected of these are BAFTA (British Academy Award) and the Cesar (French).

BAFTA is one of the two major events that come before the Oscars. It has been running each year since 1948 at its original location in London, taking place every February. BAFTA has developed a unique statuette of a golden mask to recognize and celebrate the profound relationship between television and the performing arts. They even have a separate nomination for video game awards, treating them with the same significance as cinema or television.

The iconic French film award, the César, is thought of as the European equivalent of the Oscar. It has been presented by France’s Academy of Cinematic Arts since 1976 and is held in Paris every year. The award is an intricately designed gold figurine, based on a sketch by the sculptor Cesar Baldacchini. Every February, the award ceremony takes place at the popular Châtelet theater in Paris.

Famous film festivals give a platform to new movies while also hosting their world premieres. The guidelines also state that the same movie cannot be presented at different events simultaneously.

Golden Lion 

Winning the Golden Lion at the Venice Film Festival is a prestigious honor reserved for some of the most talented authors and filmmakers. Independent filmmakers often take home this prize, recognizing their artistic excellence with this esteemed recognition.

Golden bear

2011 marked the 60th anniversary of the Berlin Film Festival, which is renowned for its high-caliber lineup with several entries from countries around the world including Latin America, Asia, and Eastern Europe. The competition usually sees an array of submissions from filmmakers vying for the prestigious top prize – ‘The Bears.’

Palme d’Or

For over 70 years, the Cannes Film Festival has been awarding the most prestigious film awards to a jury of highly regarded individuals in the cinematic realm. The competition is intense, featuring works from different, but mostly serious genres.

Saturn

Established by the Academy of Science Fiction, Fantasy and Horror Films in 1972, the Saturn Award has gained widespread international recognition amongst sci-fi movie buffs.

It would be a mistake not to mention the importance of film festivals in Europe. The “Big Three” of such events, namely the Venice Film Festival, Cannes and Berlin are some of the oldest and well-known ones around.

Venice Film Festival

This film festival, the oldest of its kind, has been held in Lido since 1934 towards the end of summer. A professional jury determines the winners from a selection of no more than 20 films that take part in the main competition. The pinnacle of recognition is the “Golden Lion” award, given to the film that emerges as the victor in the main competition.

Cannes Film Festival

The Cannes Film Festival is one of the most respected events in the film industry, with its location being held on the Cote d’Azur since 1946. There’s a main competition which consists of around two dozen movies, and winners are chosen by an experienced jury. The movie with the highest acclaim at the festival is awarded the prestigious Palme d’Or prize. The winner of this award is chosen from the main competition entrants.

Berlin Film Festival

As one of the three most prestigious international film festivals, the Berlinale has been held annually since 1951 in Berlin during February. It’s highly regarded with Cannes and Venice Film Festivals completing the leading trio. The Golden Bear is an esteemed award, symbolizing the city of Berlin and earned through jury votes for the greatest movie in the main competition.

Sundance (Sundance Film Festival)

Since 1985, the Robert Redford-founded Sundance Film Festival has become one of the most renowned independent film festivals globally. Every year, filmmakers from all over the world gather in Park City, Utah to view and compete for the best picture. The winner of this highly sought-after competition is blessed with a prestigious trophy featuring the festival emblem.

The Rotterdam International Film Festival (IFFR) has been an integral part of the European cinema industry since 1972 and is widely recognized for its support of aspiring filmmakers. As per festival regulations, only directors’ first and second films from diverse nations are eligible to compete in the main competition. The Golden Tigers of Rotterdam are the highest awards given out in the main competition. Three winners are chosen and each one is granted a 15,000-euro cash prize for their exceptional film.

Locarno Festival, Toronto Film Festival, Karlovy Vary and San Sebastian are some of the well-known film fiestas in the world. It is especially remarkable for Locarno that its movie screenings take place on the city’s main square. Moreover, Toronto Film Festivals have always promised excellent selection of films. Last but not least, Karlovy Vary and San Sebastian are also famous for their quality film programs.

Golden raspberry

Marking a major milestone in film history, John Wilson innovated the idea of Critic’s Choice Awards back in 1981 – recognizing the worst acting, screenplay, directing, song and movie of that year. Following an annual tradition, the Golden Raspberry Award nominees are declared a day before the Academy Awards and its winners just prior to the Oscars ceremony. It’s an interesting addition to the Oscar celebration.

This unique, comedic award is given to the worst of the best. Regrettably, many times those nominated or selected for this honor feel too embarrassed to receive it in person and accept it from the jury. A few of the well-known movies owned by raspberry are “Twilight. The Saga: Breaking Dawn – Part 2”, Fahrenheit 9/11, Showgirls, and The Postman.

 In general, the topic of the film industry is very exciting. Many people are not interested in sports and do not root for anyone at the football world championships and similar competitions, they are simply not interested in it. Cinema is different, a variety of genres allows you to attract more and more connoisseurs. USDT Casinos is launching a crypto betting project to provide the opportunity to place crypto bets on winners of international film awards. Of course, it is difficult to predict which film will win the statuette, but considering the setting of each film, its place in pop culture, its potential contribution to history or response to current events, it will be possible to more accurately predict the outcome of events, and this already increases the chances of winning each bet.

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Conclusion

If you’re looking for an alternative to the mainstream movie awards, then film festivals are worth considering. You can be sure of finding some amazing films and exceptional performances, along with exciting predictions & bets that can be just as fun as guessing the Oscar winners. Becoming a successful forecaster requires the ability to find success in the lesser-known film landscape – be it feature films, short films, or documentaries. Navigating this domain accurately is paramount to attaining success. The film festivals are great indicators of what’s happening in the industry and they offer helpful insights that one can take into account while predicting the results of upcoming events. Betting with cryptocurrencies has a variety of advantages such as no maximum limits and total privacy for your transactions.