Bitcoin News- The work ‘Bitcoin Tower’ launch is scheduled on May 24, 2023.
- Growth of cryptocurrencies and digital assets usage may be the goal.
The world’s first-ever Bitcoin Tower is going to be launched on May 24 in the COP28 (28th Conference of Parties) meeting because the state-of-the-art project, in Dubai, UAE. This project continues to be underneath the developer, Salvatore Leggiero who initiated the development of a brand new hotel chain.
Elaborating Hotel Chain
In EINpresswire, it’s reported the hotel chain will support cutting-edge technologies including Blockchain and AI (Artificial Intelligence). Nonetheless, it would rather expand material sustainability and nil CO2 usage because they build the same shape as Bitcoin (BTC). Also, this highlights involve cryptocurrencies and digital assets by supplying NFTs (Non-Fungible Tokens) in exchange to the visitants.
However, the generation of APY (Annual Percentage Yield) is really a redemption once the customers’ stake cryptocurrencies using their the cost of rent. Salvatore states that this is the very first hotel to become having to pay the cash spent with interest. Furthermore, the project’s investor who’s the Chief executive officer of Metaverse Investment LLC mentioned:
“This innovative method of hospitality reflects the growing need for cryptocurrencies in the current society and is a superb way that people experience and find out more about them.”
Project Launch
The launch of the remarkable project is placed for 24th May 2023, Wednesday with chef Alessandro Miceli. This is scheduled to be granted in the Bella Restaurant Lounge in Dubai, UAE with several visitors and stakeholders.
Salvatore has pointed to Leonardo da Vinci while explaining the idea of imagination by involving Simone Micheli to include an online world using the Bitcoin Tower. And Simone Micheli stated:
“I uses a logic and concept totally different from traditional constructions. It calls for creating virtual environments that provide encounters never imagined before.”
Henceforth, Salvatore justifies the creative crypto enthusiasts to boost their digital type of activly works to be processed as NFTs. Also, he added the bridge between digital and physical property is exactly what the Bitcoin Tower means like a kickstart revolution.
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