On the evening of May 24, Salvatore Leggiero, developer of the forthcoming Bitcoin Tower, officially launched the project at an exclusive architecture-focused event by designer Simone Micheli, reports COINTELEGRAPH. 

During the event, Leggiero and Micheli presented their collaboration for the Bitcoin Tower, which will have a version in the metaverse and a physical building.

The developer said that because of this experience, he imagined a project that would match his expertise in real estate and his passion for crypto — and the idea for the Bitcoin Tower in Dubai was born.

Leggiero also told Cointelegraph that he wants the project to be an open project, mentioning the possibility of creating a decentralized autonomous organization (DAO) for the project.