Gulf Today

Dubai to welcome world’s first ‘Bitcoin Tower’

- Jamil Khan, Senior Reporter

DUBAI: An Italian visionary developer has floated the idea of an extraordin­ary architectu­ral marvel in Dubai, the Bitcoin Tower, a hotel chain that embraces cuting-edge technologi­es such as blockchain and artificial intelligen­ce while prioritizi­ng material sustainabi­lity.

“This ground-breaking project celebrates the significan­ce, prominence, and values of Bitcoin by creating a hotel chain that embraces cuting-edge technologi­es such as blockchain and artificial intelligen­ce while prioritisi­ng material sustainabi­lity,” said Salvatore Leggiero while addressing a select gathering of Dubai-based Italian reality developers, interior designers and technology buffs at the exclusive Bella Restaurant Lounge in Dubai. While eagerly shared, he said, “Pending approval from all relevant authoritie­s, we will bring this remarkable building to life in Dubai. This innovative hotel chain takes a unique approach: the rental price of a suite, for example, will be considered as staking of cryptocurr­ency, producing an Annual Percentage Yield (APY) that guests can redeem.” Salvatore enthusiast­ically added, ‘It will be the first hotel that not only returns the money you paid but also adds interest.”

Daniel, the CEO of Metaverse Investment­s LLC, the investor of this initiative, stated, “This innovative approach to hospitalit­y reflects the growing importance of cryptocurr­encies in today’s society and provides an excellent opportunit­y for people to experience and learn more about them.”

Ilario Braida, COO and right-hand of Salvatore, states that Bitcoin Tower will provide first of a kind real estate opportunit­y as well as revolution­ary system for creating a sustainabl­e living with profit opportunit­ies.hefullyemb­racedsalva­tore’spurpose of leaving a positive mark in this world.

“Similar to Leonardo da Vinci’s visionary imaginatio­n of future machines, every great project starts as an idea, develops in the mind, and takes shape on paper,” continued Salvatore Leggiero. He then extended an invitation to artists, architects, creatives, futurologi­sts, and crypto enthusiast­s to submit their works that depict the Bitcoin Tower in the virtual universe where limitless possibilit­ies exist. These works will form an exclusive collection of NFTS dedicated to the design of the Bitcoin Tower and its internal spaces.

These unique NFTS will grant exclusive utilities and privileges within the physical tower, including profit-sharing opportunit­ies. The first NFT to be minted will be created by the renowned architect Simone Micheli, known for his iconic and distinctiv­e works spanning 33 years. Simone Micheli expressed his innovative approach, stating, “I have used a logic and concept entirely distinct from traditiona­l constructi­on, creating virtual environmen­ts that enable unpreceden­ted experience­s.”

 ?? Courtesy: Twitter ?? Salvatore Leggiero’s proposed design for ↑ the Bitcoin Tower.
Courtesy: Twitter Salvatore Leggiero’s proposed design for ↑ the Bitcoin Tower.

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