he Senegalese American songwriter/rapper/producer/a grammy-nominated/multi-platinum selling artist/entrepreneur, and philanthropist, Alioune Badara “Akon” Thiam is launching his own cryptocurrency (Digital Currency) in Senegal called “Akoin”. He will be building a city in Senegal called “Akon Crypto City” where this new crypto will be used.
At the cryptocurrency’s website www.akoin.io is written:
A new cryptocurrency/digital wallet with an integrated eco-system of DApps (Decentralized Crypto Apps) that will provide immediate and ongoing new revenue generating opportunities and micro-exchanges to stimulate and support youth entrepreneurship, economic stability and growth in Africa.
Crypto-Powering Youth Entrepreneurship in Africa
The Real-life Wakanda
Do you remember Wakanda in Marvel’s 2018 Black Panther movie? The new city could be the real-life Wakanda said Akon. A 100% crypto-based city with “Akoin” at the center of the transactional life. Already in development, the futuristic city, built on 2,000 acres of land gifted to Akon from the president of Senegal, Macky Sall, is within 5 minutes of the new international airport, close to the coast and a short drive from Dakar, the capital city of Senegal (Akon’s homeland). Containing everything from residential, retail, parks, stadium, light manufacturing, universities and schools!
Speaking at a panel on Cannes Lions, Mr Konvict said:
“I think that blockchain and crypto could be the savior for Africa in many ways because it brings the power back to the people and brings the security back into the currency system and also allows the people to utilize it in ways where they can advance themselves and not allow government to do those things that are keeping them down.”
“I come with the concepts and let the geeks figure it out”
The Konvict Muzik boss who has been working on a solar-powered project called “Akon Lighting Africa” to help rural communities in Africa to get electricity and creating a safety, health and well-being for over 100K of the 600K Africans who lack electricity today, has now started investing into cryptocurrency.
Alioune Badara Thiam alias Akon has always been an advocate for Africa and the youth. At the Youth Connekt Africa Summit ‘17, he talked about re-branding Africa, how we need to redefine how other continents think about Africa.
Akon as the Chief Visionary of this venture is recognized as one of the most powerful voices across Africa and the Diaspora, named to the Forbes Celebrity 100 & 40 Most Powerful Celebrities in Africa lists. He is also joined by Ryan Scott as CEO (Chief Executive Officer),Jon Karas as President and Lynn Liss as COO (Chief Operations Officer).
We look forward to the future of this new crypto. For more information about “Akoin” and “Akon Crypto City” visit the official website www.akoin.io
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Ousman Faal [Digital Vigilante] is a Tech Entrepreneur & Digital Skills Trainer who teaches both in the classroom and online. He has experience in various technologies and likes sharing it with others. Ousman has published 144 articles on this blog. He is the CEO of Faalen Technologies and Skills.gm.