It's where we decide once and for all what's the greatest thing this fandom ever produced over 7 or 8 years is.
With people like Duo Cartoonist leaving and the fandom winding down, it's unlikely that there's ever gonna be some of those crazy Pony projects that takes over a year to complete ever again. Like Snowdrop, & Lullaby for a Princess.
There could be several separate categories like:
Best Animation
Best Animation Exceeding 15 Minutes
Best 3D Animation
Best Song
Best Fanfic
Best Fanfic Exceeding 100 000 Words
Best Artist
etc…
There be an initial vote for each category, the top 5, then the true best.
It's just an idea at this point.