 " Fantasy " won many prestigious awards throughout the music industry in 1995 and 1996 . At the Blockbuster Entertainment Awards , the song won the award for " Favorite Single . " Additionally , the song was a warded the " Pop Award " honor at the 1996 annual American Society of Composers , Authors and Publishers ( ASCAP ) . Carey won the " Dance Record of the Year " award at the " National Dance Music Awards " in 1996 . " Fantasy " won two awards at the 1996 " Winter Music Conference National Dance Music Awards , " for " Favorite Single " and " Dance Record of the Year . " The song won a Broadcast Music Incorporated ( BMI ) " Pop Song of the Year " award in 1997 , as well as the " Favorite Single " award at the annual " Archer Awards . " The song also was nominated for Best Female Pop Vocal Performance at the 38th Grammy Awards . 
