NintenKingdom64 has an awards ceremony once a year, usually around December. About 30 awards are around during the event, and what you're supposed to do is private message the one who's running the awards ceremony each award but also telling that person who you think deserves that award. The awards ceremony is more of a congratulations to NintenKingdom64 and a "Hey, great job! You're awesome!" kind of thing. Still though, some awards go from completely serious to lulzy lulz.
The first awards ceremony was created by Tail... but wasn't very successful since the forum wasn't very active then (during Da Mushroom Forum, the third NK64 Board) and shortly before it was coming to a close, the forum moved. But it was okay for a start... but Racerdude was also a help... but didn't do much. The second one was ran by Racerdude around the end of the PHPBB NK64 board... but due to the move, it wasn't posted 'till a few days after the move. The third one was ran by Lonely Yoshi around New Years Eve. The next one will start around December... unknown to who will be starting it.