Bitcoin was included in the Guinness Book of Records along with such significant industry achievements as the record sale of NFTs and the adoption of BTC as a means of payment in El Salvador.
In the new Guinness World Records 2023, released last month, bitcoin is listed as the “oldest cryptocurrency”, “first decentralized cryptocurrency” and “most expensive cryptocurrency”. As of March 24, 2022, the value of bitcoin was $42,900, and its market capitalization reached $816 billion, the authors state.
“Bitcoin was designed as a solution to the problem of digital currency regulation without any centralized organization or “trusted third party” to oversee transactions,” the Guinness World Records description reads.
The CryptoPunks NFT collectible token project hit the record list after CryptoPunk #5822 was sold for 8,000 ETH ($23.7 million) in February. Artist Beeple’s record $69.3 million NFT sale , however, was not included in the list, as it was presented as “a limited edition of artwork created from pre-rendered templates.”
Fan tokens also got into the Guinness Book of Records. The Manchester City Football Club token, launched through Socios in June 2021, is recognized as the “Most Valuable Fan Token”. In addition, El Salvador was included in the Guinness Book of Records as “the first country to accept bitcoin as legal tender” last summer.
A Guinness World Records spokesperson said each edition “tries to reflect the zeitgeist and topics that readers are likely to be discussing,” with cryptocurrencies joining space travel and TikTok as key topics:
“We will be watching this space with interest over the next few years as the technologies behind crypto evolve and find a wider range of applications.”
Earlier, the analytical company CoinShares reported that the bearish sentiment in the Bitcoin market is gradually dissipating. In addition, despite a significant drop in NFT trading volume, cryptocurrency executives are confident that the industry will continue to develop.