• Bitcoin Tower is set to launch in Dubai on May 24, 2023.
• The hotel chain supports cutting-edge technologies, including Blockchain and AI.
• The project aims to expand the material sustainability and usage of cryptocurrencies and digital assets.
Bitcoin Tower Set to Launch in Dubai
The world’s first-ever Bitcoin Tower is about to be launched on May 24 at the COP28 (28th Conference of Parties) meeting as the most innovative project, in Dubai, UAE. It was initiated by developer Salvatore Leggiero who created a new hotel chain that supports cutting-edge technologies such as Blockchain and AI (Artificial Intelligence). This project aims to expand the material sustainability and usage of cryptocurrencies and digital assets with NFTs (Non-Fungible Tokens) being rewarded to its visitants.
The launch of this extraordinary project is set for 24th May 2023 with chef Alessandro Miceli at the Bella Restaurant Lounge in Dubai, UAE with a group of visitors and stakeholders. Salvatore has pointed to Leonardo da Vinci while explaining the concept of imagination by involving Simone Micheli who will create virtual environments for never imagined experiences. Furthermore, he justifies crypto enthusiasts enhancing their works to be processed as NFTs.
Generating APY (Annual Percentage Yield)
This hotel chain provides a generation of APY for customers when they stake cryptocurrencies from their rental prices as a redemption method. Moreover, it’s investor CEO Metaverse Investment LLC stated: “This innovative approach to hospitality reflects the growing importance of cryptocurrencies in today’s society”.
Bridge Between Digital & Physical Real Estate
Salvatore believes that this bridge between digital and physical real estate is what makes Bitcoin Tower start off its revolution. He further added that “this would be the first hotel to be paying money spent back with interest”. This comes as an excellent way for people who want to experience more about blockchain technology use cases.
To conclude, this project launch could potentially bring greater visibility towards cryptocurrency adoption worldwide through its creative approach which involves expanding material sustainability and zero CO2 usage by building in the shape of Bitcoin (BTC).