Guinness World Records adds Bitcoin under the Cryptomania category
The 2023 edition of the Guinness World Records was launched last month. This latest edition included a wide range of different achievements from many sectors, recognizing the crypto space fully under ‘Cryptomania’ with the inclusion of Bitcoin, NFTs and other crypto events. The record also noted the rise of TikTok and space travel events.
Guinness World Records has taken a trip into the virtual world in the report. The 2023 edition brought in a new category labeled ‘Cryptomania’. This unique aspect added information about Bitcoin and more blockchain events.
Data from Guinness World Records is acceptable and relevant globally. The inclusion of the crypto space and its many events in the records creates a significant significance for the industry.
This proves that the crypto sector and blockchain technology have become popular public topics in recent years.
Bitcoin growth and settlement sets it in records
The recognition of Bitcoin was not surprising as it has grown significantly over the years. As a result, BTC has become the most valuable crypto asset. As of March 2022, Bitcoin has a market capitalization of $816.69 billion. The record also recognized that the asset was the first global decentralized cryptocurrency after its launch in early 2019.
Guinness World Records described the goal of developing the leading crypto asset. According to Records, Bitcoin was created to solve the problems related to regulation of digital currency.
In addition, the purpose was to eliminate interference from centralized organizations or third parties in digital transactions. The Records noted that other attempts relied on a trusted third party for operations before Bitcoin was launched.
The Guinness Book included El Salvador in its records. Additionally, it noted the nation as the first to adopt Bitcoin as legal tender in June 2021.
According to the description, it expects the move from El Salvador to reduce the cost of international transfers. This consideration is crucial for a country that depends more on remittances from workers abroad. The fact that the World Bank condemned the move did not escape the records.
NFT collectibles and blockchain events broke records
With the inclusion of NFT, Records recognized CryptoPunks, an OG NFT project, as the most expensive NFT collectible. This was after CryptoPunk #5822 was sold for $23.7 million (worth 8000 ETH) on February 12, 2022 to Deepak Thapliya.
In addition, Records captured Fan tokens. It placed Manchester City’s token as the most valuable fan token. The token was launched through Socios in June 2021 and has a market capitalization of around $47.1 million as of March 24, 2022.
The leading global crypto exchange, Binance, revealed that it broke a Guinness World Record last week. It was after the recognition of having completed the biggest crypto lesson to date. Binance’s lesson on October 7, 2022 at Blockchain Land Nuevo Leon had 289 people in attendance.
A spokesperson for Guinness World Records stated that each edition of the record reflects on the most discussed topics and areas by their readers of the year.
Information indicated that crypto and its related areas emerged as crucial topics and issues, just like TikTok and space travel. Therefore, the spokesperson noted that they would be keeping a close eye on the crypto space over the next few years.
Featured Image From Pixabay, Charts From Tradingview
