The 27th annual awards ceremony, which celebrates achievements in the music industry in South Korea, will be held at Gocheok Sky Dome on January 25, 2018 in South Korea. The awards show nominated many popular Korean pop acts like BTS, EXO and Twice. Fan voting is heavily factored into the categories, including the New Artist Award. The Popularity Award will be determined 100% by votes from Korean users, while the Korean Wave Award will be determined by international voters.