Dubai, UAE – On May 24th, the world will witness the unveiling of the groundbreaking Bitcoin Tower, a pioneering project set to launch at the 28th Conference of Parties (COP28) in Dubai. Led by developer Salvatore Leggiero, this initiative also signifies the establishment of a new hotel chain.
The Vision of the Hotel Chain
According to EINpresswire, the hotel chain aims to embrace cutting-edge technologies such as Blockchain and Artificial Intelligence (AI). With a focus on sustainability and carbon neutrality, the hotels will be designed in the shape of Bitcoin (BTC). Moreover, the project emphasizes the significance of cryptocurrencies and digital assets by offering Non-Fungible Tokens (NFTs) as rewards to guests.
A Unique Financial Model
One notable aspect of the hotel chain is its ability to generate 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’ expenses. 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 be held 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 the imagination of Leonardo da Vinci, 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 gap 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.