The real estate developer, Salvatore Leggiero, announced his project during a special event, exclusively focused on architecture on May 24. The event took place at the Bella restaurant lounge, in Dubai, United Arab Emirates and was organized by Simone Micheli. Leggiero stated that his project, the “Bitcoin tower” will have a physical building as well as a digital version in the metaverse.
According to an interview, Leggiero put light on how the project revolves around two of his greatest passions. Leggiero has years of experience as an architect and recently developed a keen interest in Web3 following the pandemic. The process was very intricate since the best real estate developers did not have much grasp on crypto and likewise, crypto experts could not understand much of real estate, Leggiero explained.
Due to his background in real estate and his enthusiasm for cryptocurrencies, Leggiero conceived the idea for the Bitcoin Tower in Dubai. He envisioned a project that would combine his expertise in property development with his passion for crypto, leading to the birth of this concept.
Leggiero also unveiled the possibility of devising a Decentralised Autonomous Organisation (DAO) for the project for the reason that he wants the project to be an open project. He further added that incorporating a DAO into the project felt natural because decentralized decision-making processes help in creating an eclectic experience for the future.
The forthcoming Tower will have its physical version built in Dubai whereas the digital version will be launched in the metaverse. Although the location for the physical tower has not yet been finalized, Leggiero desires to build the tower near Sheikh Zayed Road.
Leggiero highlighted how the Bitcoin towers would act as a symbol and help in various advancements throughout the region. He strongly believes that the project could provide aid in strengthening the UAE leadership’s stand on cryptocurrencies. Moreover, He commented on how the project could potentially be a hub for the crypto industry since Dubai acts as a host to plenty of crypto events.
Bitcoin Tower will be the first of its chain to convey a concept that captures the essence of real estate’s evolution and brings out a revolutionary shift in the hospitality market. With the help of this project, Leggiero wishes to represent his ambitious dream and vision for the future.