Dubai, United Arab Emirates – On May 24, real estate developer Salvatore Leggiero introduced the highly anticipated Bitcoin Tower project at an exclusive architecture-focused event in Dubai. Joined by renowned designer Simone Micheli, Leggiero revealed the initial design draft for the tower, which will exist in both the physical world and the metaverse.
During the event held at the Bella Restaurant Lounge, Leggiero expressed his passion for both real estate development and Web3 technology, which he developed during the pandemic. Recognizing the lack of understanding between crypto experts and real estate developers, Leggiero envisioned a project that would bridge the gap and combine the best of both worlds.
The Bitcoin Tower aims to be an open project, and Leggiero even mentioned the possibility of establishing a decentralized autonomous organization (DAO) for its development. He emphasized the importance of community input, stating, “Bitcoin Tower must be an open project, like what Satoshi Nakamoto teaches us.” By decentralizing decision-making, the project aims to create an eclectic experience for the future.
The tower will have a physical presence in Dubai, with its location expected to be near Sheikh Zayed Road, in close proximity to the iconic Dubai skyline. Simultaneously, a virtual version of the tower will be launched in the metaverse, providing a unique digital experience.
Leggiero believes that the Bitcoin Tower will not only benefit the region but also solidify the UAE’s position as a leader in cryptocurrencies. He envisions it becoming a hub for the crypto community, catering to residents and visitors attending various crypto events in the region.
“This is just the beginning. Bitcoin Tower will be the first of a chain, representing the evolution of real estate and revolutionizing the hospitality market. This is my dream,” Leggiero shared with excitement.
As the project progresses, further details will be unveiled, and the world eagerly awaits the realization of this groundbreaking fusion of real estate and crypto in the form of the Bitcoin Tower in Dubai.