Edeson Online News: Akon To Build New City In Senegal With Own Cryptocurrency Called Akoin

Monday, 25 June 2018

Akon To Build New City In Senegal With Own Cryptocurrency Called Akoin

Rapper Akon has unveiled plans to create a city in Senegal with an economy based around his new cryptocurrency AKoin. The Missouri-born producer, who is of Senegalese descent, revealed details about the place - called Akon Crypto City - on a panel called Branding Africa:
Blockchain, Entrepreneurship and Empowering the Future at the Cannes Lions International Festival of Creativity.
According to Page Six, he told the panel's audience at the creative festival that his proposed cryptocurrency - AKoin - would be "the saviour of Africa in many ways" because of its security benefits.
He says that the system of cryptocurrency "allows the people to utilise it in ways where they can advance themselves and not allow government to do those things that are keeping them down."
When asked technical questions about the future city, he replied: "I come with the concepts and let the geeks figure it out."

The site for Akon's new crypto coin says that Akon Crypto City is being developed on 2,000 acres of land that the president of Senegal gifted to the musician, adding that it will be "a first of its kind 100 per cent crypto-based city with AKoin at the centre of transactional life."

It's described as a "real-life Wakanda," which refers to the high-tech nation ruled by King T'Challa/Black Panther in Marvel's Black Panther film and comics.

Akon Crypto City is set to be stationed "within five minutes of the new international airport, close to the coast and a short drive from Dakar, the capital city of Senegal (Akon’s homeland)."

GUYS, WHAT DO YOU THINK?
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Vivien Asana and 42 others

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Azumi Jimoh

Wow. Congratulations to him. Akon has really tried for his country. Good idea. Nah Assurance our musicians sabi do

Endy Edeson

@John; I have big respect for Americans . Their love for humanity is huge. We are here today, it's American invention . Akon is doing this because of his charity mind. @Azumi; My sister, Many Nigerian celebrities think the world belong to them and wouldn't mind monopolising every sector to avoid the young ones from coming up. If you see them giving anything out, it's not charity, its for publicity stunt.

Edited

Browayson John Sr. replied · 2 replies