"Wow Dubai is getting to the sky, I can't wait to see the tower later."
Following the mother of all crypto-currencies Bitcoin (BTC) has recently gained popularity around the world, the United Arab Emirates (UAE) refused to be left behind to appear as a staunch supporter of the digital asset.
This is because a developer (developer) based in Dubai is building a new chain of hotels in the form of the digital asset, where it will be a real BTC tower that will stand 40 stories high.
In addition, the new hotel chain will also embrace technologies such as artificial intelligence (AI) and blockchain as part of its plan to focus on material sustainability.
In order to introduce its own method, the hotel chain has rewarded its guests through the use of non-fungible tokens (NFTs) that will give holders exclusive benefits.
Not only that, the rental fee is also considered as a form of crypto staking that can allow guests to generate an annual percentage yield (APY).
According to Salvatore, the developers of the project have described it as the first hotel that reimburses guests for their payments with additional benefits.
Like to be informed that such an innovative approach can not only prove that the use of crypto is increasing among today's society but also the best way to encourage many people to explore it, commented the Chief Executive Officer (CEO) of Metaverse Investments LLC.
