Dubai, UAE – On May 24, the world will witness the launch of the groundbreaking Bitcoin Tower, an innovative project set to launch at the 28th Conference of Parties (COP28) in Dubai. Spearheaded by developer Salvatore Leggiero, this initiative also marks the establishment of a new hotel chain.
The Hotel Chain’s Vision
According to EINpresswire, the hotel chain aims to embrace cutting-edge technologies such as Blockchain and Artificial Intelligence (AI). In a bid to prioritize sustainability and carbon neutrality, the hotels will be designed in the shape of Bitcoin (BTC). Additionally, the project emphasizes the importance of cryptocurrencies and digital assets by offering Non-Fungible Tokens (NFTs) as rewards to its guests.
Unique Financial Model
One notable aspect of the hotel chain is its generation of Annual Percentage Yield (APY). Customers will have the opportunity to earn interest on their cryptocurrency holdings by staking them against rental prices. Salvatore highlights that this will be the first hotel to provide monetary returns on guests’ expenditures. The project’s investor and CEO of Metaverse Investment LLC commented:
Project Launch Details
The highly anticipated launch of this extraordinary venture is scheduled for Wednesday, May 24, 2023. The event will take place at the Bella Restaurant Lounge in Dubai, UAE, with an exclusive group of visitors and stakeholders in attendance.
Inspired by Visionaries
Salvatore drew inspiration from Leonardo da Vinci’s imagination, enlisting the expertise of Simone Micheli to create a virtual universe within the Bitcoin Tower. Simone Micheli stated:
“I will employ an entirely different logic and concept from traditional construction methods, enabling the creation of virtual environments that offer unparalleled experiences.”
A Digital-Physical Revolution
Salvatore believes that the Bitcoin Tower represents a revolutionary leap in bridging the divide between digital and physical real estate. He encourages creative crypto enthusiasts to explore the potential of transforming their digital creations into NFTs. This project marks an exciting kickoff for this transformative revolution.