Is this the final top signal? Plan for new ones "Crypto Tower" It was unveiled in Dubai, with cool features that scream the height of a bull market.

The 17-storey building is slated to house a gold bullion shop, an exotic car dealership, and an exclusive club for "premium networks".

This will sit alongside 150,000 square feet of space for blockchain, Web3 and Decentralized finance Companies along with incubators and venture capital companies.

DMCC and REIT Development, which are leading the project, say they hope to attract startups as well as established companies in this field.

In an interesting development, blockchain Technology will be used extensively to manage the building - with rents secured through it Smart contractsand occupants cast their votes on societal issues.

Crypto Tower also hopes to establish itself as a conference destination, with 10,000 square feet dedicated to indoor events, along with 3,500 square feet for outdoor gatherings.

"We are creating a physical tower that will serve as a central hub for the cryptocurrency community. Every account is connected to the chain, setting a new standard for transparency in the industry," Brenda Stratton of REIT Development said in a statement. press release.

The new building will help Dubai achieve its ambitions to become a “smart city”, despite a vow Becoming the first city fully powered by blockchain technology by 2021 has proven to be a far cry from reality.

Artificial intelligence is also set to play a major role in Crypto Tower. Partnering with Chatoshi, A SolanaWeb3's AI-based browser, which provides AI-powered search, aims to "shape experiences, inspire innovation and redefine what's possible."

One of the announced revenue streams includes naming rights to select rooms, floors and common spaces — a bold move considering how the 17-year "FTX Arena" deal has quickly deteriorated.

Construction on Crypto Tower is expected to be completed by the first quarter of 2027, paving the way for companies to move in shortly thereafter.