Chuck DNew York City's National Museum of Hip-Hop has announced the launch of its annual Hall of Hip-Hop Awards. The museum, which was founded in 2005 and is located in lower Manhattan, plans to celebrate hip-hop's greats, two of whom -- Public Enemy frontman Chuck D and KRS-One -- will be hosting one of the museum's launch parties.

"We have developed an Induction Committee with enough experience to develop a system that will be world class," said Craig Wilson, president of the National Museum of Hip-Hop. Wilson further explained that the Hall of Hip-Hop Awards will be "a testament to the prominence of the many who helped spawn this phenomenon but have been long since forgotten via contemporary commercial/corporate interests."

Chuck D & KRS will host Hip-Hop Immortal, the launch party for the awards, at New York City's M2 Ultra Lounge on April 6. Included in the festivities will be a silent auction, cocktail reception, and rap/DJ performances, with a special appearance by Grandmaster Flash.