Post
Topic
Board Legal
Re: Dubai Mandates Licensing for Crypto Companies
by
safar1980
on 24/05/2023, 14:41:12 UTC
BITCOIN TOWER, the first one in the world, will be built in Dubai
The commitment to celebrating the importance, notoriety, and values of Bitcoin has led to the creation of a new hotel chain in the shape of the king of cryptocurrencies. The hotel chain also embraces new technologies of blockchain and artificial intelligence with attention to material sustainability and zero CO2 consumption, inspired by the upcoming COP28 summit in Dubai.

The hotel chain has taken a unique approach to rewarding its guests by offering NFTs, which also provide exclusive utilities to the holders. Moreover, the rental price will be considered as staking of crypto and will produce an APY that guests can redeem. Salvatore Leggiero, the developer of the project, states, ‘It will be the first hotel that gives you back the money you paid, plus interest.’