For
They honor real achievement and art.
Against
They can be biased and based on popularity, not quality.
Anonymous excerpts, translated where noted.
“A trophy feels like it should be for winning.”
“A participation trophy was just the thing you got when you didn't win.”
“Fame itself works like an exponential force of attention.”
“It feels like your ability to be an influencer is more important than your ability to make good music.”