Sunday, May 19, 2024
  • Revizto - Leaderboard - May and June 2024
  • IAPMO R&T Lab - Leaderboard
  • Premier Leaderboard - updated Nov 19
  • Sage Leaderboard
  • Procore Leaderboard 2024
  • CWRE 2024
  • Dentec - Leaderboard - 2023 - Updated
  • Keith Walking Floor - Leaderboard - Sept 2021
Bitcoin Tower
May 29, 2023

Dubai makes waves with world’s first Bitcoin tower

Dubai, known for its proclivity to break boundaries and create the extraordinary, is setting the pace again. This time, it’s through the establishment of the world’s first Bitcoin Tower – a 40-story skyscraper about to revolutionize the hospitality and real estate sectors. Pioneered by visionary Italian entrepreneur Salvatore Leggiero and backed by Metaverse Investments LLC, this revolutionary project aims to conflate digital and physical real estate in the heart of one of the most dynamic cities on the planet.

Reinventing hospitality in the blockchain era

In a unique blend of traditional hospitality and cryptocurrency, the Bitcoin Tower isn’t just a luxurious accommodation; it’s a symbol of the digital age, illustrating cryptocurrencies’ increasing importance and influence in our everyday lives. The hotel chain’s innovative approach transforms the hotel experience by offering guests exclusive NFTs (Non-Fungible Tokens) as rewards. These tokens prove authenticity and ownership in the digital realm, granting holders exclusive privileges.

This model introduces a new facet to the hospitality industry – the rental price isn’t just a payment; it’s an investment. It is treated as a staking of cryptocurrency, producing an annual percentage yield (APY) that guests can claim. In the words of Salvatore Leggiero, it’s “the first hotel that gives you back the money you paid, plus interest.”

Not only does this project aim to educate the general public about cryptocurrencies, but it also encourages participation. Leggiero invites artists, architects, creatives, and crypto enthusiasts to submit their works.

These creations will form an exclusive NFT collection dedicated to the Bitcoin Tower’s design or its internal spaces, manifesting an asset of tremendous tangible value in the digital space.

Keep reading on cryptopolitan.com


  • Premier - Box
  • TradesLink Box