Showing posts with label Dubai Crypto tower. Show all posts
Showing posts with label Dubai Crypto tower. Show all posts

Friday, 17 January 2025

Dubai Crypto tower

Dubai is set to enhance its position as a global hub for blockchain and cryptocurrency industries with the introduction of the Crypto Tower, a pioneering development in the Jumeirah Lake Towers (JLT) district. This 17-story tower is a collaborative project between the Dubai Multi Commodities Centre (DMCC) and REIT Development, aiming to provide a comprehensive ecosystem for blockchain, Web3, and decentralized finance (DeFi) companies. 

Key Features of the Crypto Tower:

Office Spaces: The tower will offer over 150,000 square feet of leasable space, including nine floors dedicated to advanced offices tailored for crypto startups and established businesses. 

Blockchain and AI Innovation: Three additional floors will support blockchain incubators, venture capital firms, and investment companies, while a dedicated floor will cater to artificial intelligence (AI) innovation, powered by Chatoshi.ai. 

Event Spaces: A 10,000-square-foot indoor event space, complemented by a 3,500-square-foot outdoor area, will be available for hosting crypto and blockchain events. 

Exclusive Amenities: The top three floors will house a 30,000-square-foot crypto club, providing premium networking and leisure amenities. Additional features include an NFT art gallery, a gold bullion shop, an exotic car dealership, and a dedicated vault storage area offering 5,000 square feet of secure space for valuables, including gold, cash, and cold wallets. 


The Crypto Tower is designed to integrate blockchain technology into its operations, utilizing on-chain voting mechanisms, shared resources, smart contracts, and other automated services to enhance transparency and efficiency in tenant interactions and transactions. 

Construction of the Crypto Tower is expected to be completed by the first quarter of 2027, with full operations commencing shortly thereafter. 

This development underscores Dubai's commitment to fostering innovation and solidifying its status as a leading destination for the global crypto community.


Thursday, 16 January 2025

Dubai Crypto tower

Dubai is set to enhance its position as a global hub for blockchain and cryptocurrency industries with the introduction of the Crypto Tower, a pioneering development in the Jumeirah Lake Towers (JLT) district. This 17-story tower is a collaborative project between the Dubai Multi Commodities Centre (DMCC) and REIT Development, aiming to provide a comprehensive ecosystem for blockchain, Web3, and decentralized finance (DeFi) companies. 

Key Features of the Crypto Tower:

Office Spaces: The tower will offer over 150,000 square feet of leasable space, including nine floors dedicated to advanced offices tailored for crypto startups and established businesses. 

Blockchain and AI Innovation: Three additional floors will support blockchain incubators, venture capital firms, and investment companies, while a dedicated floor will cater to artificial intelligence (AI) innovation, powered by Chatoshi.ai. 

Event Spaces: A 10,000-square-foot indoor event space, complemented by a 3,500-square-foot outdoor area, will be available for hosting crypto and blockchain events. 

Exclusive Amenities: The top three floors will house a 30,000-square-foot crypto club, providing premium networking and leisure amenities. Additional features include an NFT art gallery, a gold bullion shop, an exotic car dealership, and a dedicated vault storage area offering 5,000 square feet of secure space for valuables, including gold, cash, and cold wallets. 


The Crypto Tower is designed to integrate blockchain technology into its operations, utilizing on-chain voting mechanisms, shared resources, smart contracts, and other automated services to enhance transparency and efficiency in tenant interactions and transactions. 

Construction of the Crypto Tower is expected to be completed by the first quarter of 2027, with full operations commencing shortly thereafter. 

This development underscores Dubai's commitment to fostering innovation and solidifying its status as a leading destination for the global crypto community.


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