Blockchain Gaming
Dubai's Plans for a 17-Story Crypto Tower
Thursday. January 16 at 5:00 AM
1 min. readDubai has revealed its intention to build a 17-story Crypto Tower to support the growing blockchain and Web3 industries. The tower, offering 150,000 square feet of leasable space, aims to become a hub for Web3 innovation. The UAE is in fierce competition with the US to establish itself as a leading blockchain center. The tower will incorporate blockchain technology for tenant interactions and operations, streamlining processes with on-chain voting, smart contracts, and automated systems. This innovative approach is expected to reduce administrative burdens and set new standards in community management. The tower will allocate nine floors to office spaces for crypto startups and established companies, while three floors will accommodate blockchain incubators, venture capital firms, and investment groups. Additionally, there will be a floor dedicated to AI initiatives. Scheduled for completion by Q1 2027, the tower will also feature a crypto club, event spaces, an NFT art gallery, and other amenities, further solidifying Dubai's position as a hub for blockchain and crypto innovation.