Dubai To Build World’s First ‘Bitcoin Tower’
A Dubai-based developer recently announced ambitious plans to build the world’s first Bitcoin (BTC) Tower, an innovative project that intends to demonstrate the significance of digital assets and cryptocurrencies, which will be disclosed on May 24 at the forthcoming COP28 meeting in Dubai.
According to a May 21 article by EINpresswire, the new hotel chain modelled after Bitcoin will not only embrace cutting-edge technology such as blockchain and artificial intelligence, but will also place a significant emphasis on material sustainability and zero CO2 usage.
The one-of-a-kind hotel chain goes above and above by providing non-fungible tokens (NFTs) with particular utilities meant to reward its clients. By staking cryptocurrencies, guests will generate an APY that can later be redeemed from their rental payment.
(With inputs from Shikha Singh)
You need to login in order to Like
