El Salvador's Bitcoin City Achieves Awards For Best Interior Architecture And Design

Bitcoin City won the LOOP Design Awards. (Photo; Doc. Continuous)

JAKARTA - El Salvador's president has announced plans to build Bitcoin City in January 2022. The plan began with the construction of volcanic power for El Salvador's Bitcoin mining.

At the end of January 2023, Bitcoin City won an award from the LOOP Design Awards for cities with innovative architectural and interior designs. In addition to being used to mine BTC, Conchagua's volcanic energy will also be used to revive Bitcoin City.

For information, the LOOP Design Awards has become one of the most prestigious and recognized awards in the fields of architecture, design, and art. This is the fourth award for the LOOP Design Awards.

Based on its official website, LOOP is an open platform for creativity and talent, where all participants can present their best works, so that they can be seen by the whole world.

LOOP Design Award 2023 is open to works from around the world. Whether you are an established designer or have just started your career, LOOP will appreciate all your talents through 145 different categories of prizes," wrote the official LOOP Design Awards page.

The online platform LOOP has been carefully planned and programmed since early 2019 to award prestigious, innovative, diverse, accessible, and most importantly, honest awards. "Our team is always highly dedicated to improving the LOOP Design Awards platform to be one of the most prestigious and recognized awards," according to LOOP.

Launching CryptoPotato, El Salvador's Bitcoin City project is the most prominent among 700 proposals. The jury underlined its innovative interior style, while the beautiful nature and nearby volcanoes also contributed to its success. They also highlighted the work of Mexican architect Fernando Romero who designed it.

The city of Bitcoin will be built in the southeastern part of the Latin American country, close to the two largest volcanoes in the country, Conchagua and Tecapa. The Romero team said that this future metropolitan city will be "efficient and sustainable" and will use geothermal energy from the volcano to drive it.

The city will use bitcoin as its currency that can provide certain monetary advantages for its residents. "This new public space will be the culmination of decades of research on what humans need to live well in an anti-inflationary economy," explained the architect. Romero designed an urban area in a circle so he could represent the bitcoin logo if viewed from above.

President Nayib Bukele has presented the Bitcoin City project in 2021. However, due to the crypto market experiencing shocks in 2022, the government has postponed the construction of the project until 2023.

El Salvador is the first country in the world to adopt Bitcoin as its official medium of exchange. They are also building the largest animal hospital in El Salvador from Bitcoin mining proceeds. It doesn't stop there, the government of El Salvador is also building various educational centers for free for its people who want to learn digital assets.