Associated Press reports that YouTube will hold the first video awards from its short history this week. Users will be able to vote for the best original videos uploaded in 2006 at a special YouTube channel.
"YouTube community members can vote on their favorites beginning Monday and concluding on Friday. The winners, as chosen by the community, will be announced March 25. Each will be prominently featured on YouTube and receive a trophy, the design of which will be revealed later."
The nominees include Internet video stars Lonelygirl15 and "Ask a Ninja" and these awards are an opportunity to give them an official recognition and a big "thank you" for contributing to YouTube's success.
Here are the nominees (via NewTeeVee):
Update: And the winners are...