It was founded by Stephen Jondrew and Scott Williams in the fall of 2005 as an alternative site that covers mainstream comic book news, but also promotes smaller independent works.

In the 55th issue of Tarot: Witch of the Black Rose, Broadsword colorist, Holly Golightly appeared adorned in only the three Project Fanboy Awards the company received, again sparking the attention of bloggers and internet users.

[6] On November 10, 2012, DC Comics artist Ethan Van Sciver announced his intentions of joining the Fanboy Buzz podcast as a host on the show via his Facebook and Twitter pages.

The site has also appeared as a reference on the Internet Movie Database for an interview they conducted with Teenage Mutant Ninja Turtles co-creator, Peter Laird.

After the restructuring of the awards, they now consisted of twenty-five different categories in which fans are encouraged to nominate and vote on via the Project Fanboy website.

In its first year, nominations in all categories were accepted until November 1, at which point voting began which lasted through the end of December.

Winners of the 2008 awards were announced Sunday, March 1, 2009, at the MegaCon comic book convention in Orlando, Florida.