Saturday, January 28, 2023
  • Bitcoin earned a Guinness world record 2023 recognition as the most valuable  decentralized cryptocurrency
  • El Salvador received recognition as the first country to adopt Bitcoin as legal tender
  • Binance wins a Guinness world record 2023 for the largest in-person cryptocurrency lesson in history

The recently launched 2023 edition of the Guinness World Records has recognized Bitcoin, El Salvador and other web 3.0 technology-related record holders. The recognition includes cryptocurrency, fan tokens, blockchain land, non-fungible tokens (NFTs), cryptocurrency adoption and cryptocurrency-related events.

Guinness world records

The Guinness World records is an annual collection of records for various mainstream activities across the world. It recognizes both human achievements and natural occurrences across the world. It was conceptualized in 1955 as an almanac published under the name Guinness Book of World Records or Guinness World records depending on geographical region.

The calendar book at its peak, published in 23 languages across 100 countries and currently covers over 53000 records. The print version still exists in tandem with their website.

Guinness world records 2023 recognizes web 3.0

The name Guinness is in itself world-famous as a collector or aggregator of record achievements. Guinness world records are coveted affairs to the extent that people organize events and TV shows that that attempt to break existing ones and set new ones.

To that end, the inclusion of web 3.0 technologies amongst the thousands of records contained in the Guinness records cements their place in the mainstream.

Read: Cryptocurrency trading: Top African countries dominating crypto space

Guiness world records 2023

Guiness world records 2023

Bitcoin crowned Guinness crypto King

Bitcoin earned a Guinness nod as the most valuable cryptocurrency with its market capitalization (total value of all Bitcoin) of US$8216.69 billion as of March 24 2022. The first ever cryptocurrency, which launched in 2009, also received a Guinness world record as the world’s first decentralized cryptocurrency.

In total, there are 23 Guinness records related to Bitcoin, including the first commercial Bitcoin transaction and the largest Bitcoin fraud.

NFTs in Guinness Records

CryptoPunk also received recognition from Guinness as the most expensive NFT collectable thanks to CrptoPunk #5822’s US$23.7 million purchase. Manchester City Football Club’s fan token (CITY) was recorded as the most valuable fan token in the world.

El Salvador Bitcoin adoption

El Salvador, the first country to adopt Bitcoin as legal tender, received its recognition just a year after it adopted the cryptocurrency as legal tender. The country has so far weathered a storm of opposition and the crypto winter in its use of Bitcoin as legal tender and reserve currency.

Binance wins a Guinness world record for the record largest crypto lesson

Binance also made the Guinness world record for the largest in-person cryptocurrency lesson in history. On October 7 2022, Binance conducted a cryptocurrency lesson with 289 in-person attendees at Blockchain Land Nuevo Leon in Mexico. This secured the record for the cryptocurrency exchange.

As mentioned before, the Guinness records website shows 23 results related to Bitcoin. In addition to this, there are 15 records related to cryptocurrency and 15 related to blockchain. 5 Guinness records results relate to Ethereum, and a whopping 198 results that relate to the term non-fungible token!

In conclusion, Web 3.0 technology enthusiasts will be happy with the inclusion of cryptocurrency, blockchain and NFTs in the Guinness records for 2023. It feels like a fulfilment of the “prophetic” words. Web 3.0 technologies such as blockchain, cryptocurrencies and NFTs are the future of the world.

Read: IMF to assist El Salvador in bitcoin currency implementation despite past stance

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