Akon Launches "Akoin" Cryptocurrency to Help Africa

Akon has a cryptocurrency called AKoin

Reportedly, he's already started rolling out the project in 18 countries there.

Akon said he plans to develop a city that is completely based on the cryptocurrency, which he says will be called Akoin.

The 45-year-old recently spoke about it at the Cannes Lions International Festival of Creativity and stated that Akoin won't only help bankroll his lighting project, it'll also be available for those on the continent to use on their computers or mobile devices.

Akon, a USA singer and businessman of Senegalese descent, has revealed plans to build a futuristic city in Senegal and base its entire economy on a new cryptocurrency.

"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", Akon said.

Fallen Kingdom tracking for lower opening than original film
This made for the biggest opening of any animated movie in history, and the eighth best debut overall. In its first six days at the USA box office, Incredibles 2 has already made $253 million.

Grammy-nominated artist Akon is planning to build a futuristic city in Senegal and base its entire economy around a new cryptocurrency named after himself.

The city will contain residential buildings, retails, parks, stadiums, light manufacturing, universities, and schools, and is built on a 2,000-acre plot of land gifted by the president of Senegal to Akon.

"The website describes the city in glowing terms - as it would - but we have to say it does sound pretty awesome, on all fronts: "[The city is] within five minutes of the new worldwide airport, close to the coast and a short drive from Dakar, the capital city of Senegal (Akon's ancestral homeland).

Aside from being involved in AKoin, the R&B artist said he was thinking of taking on both Donald Trump, and Kanye West for the presidency in 2020. He already has a debate planned and said it's going to be "entertaining" and "something worth watching".

"I'm going to come in with a team so insane, man, it's all going down", added Akon. A big thing. It's not a thing we all understand, but it's a thing.

Related News:



Most liked

NBA Draft: Who is Svi Mykhailiuk, the Lakers' 47th pick?
Wagner is already familiar with Staples Center after leading MI to two victories in the arena during the West Regional last March. Leave it to Adrian Wojnarowski to drop an important piece of Philadelphia 76ers news the eve of the NBA Draft.

'Embarrassed and disappointed' Mickelson apologizes for U.S. Open penalty
He was given a two-stroke penalty for the violation but many suggested he should have been disqualified for the move. We still await their apology for failing abjectly in their role as custodians.

Brazil beat Costa Rica 2-0 in tense encounter
Serbia, meanwhile, is seeking to reach the round of 16 for the first time since 1998, when it was known as Yugoslavia. Switzerland has lost just one of its last 23 matches - a 2-0 defeat to Portugal in a World Cup qualifier in October.

Crude prices to become cheaper or dearer? Opec to decide today
Iran has objected to having members with additional capacity such as Saudi Arabia fill Venezuelan output gaps. The market is contending with exactly how much output will change.

What Online Retailers Say About the Supreme Court's Tax Ruling
The court decision could also be important in Florida because of the state's heavy reliance on sales-tax revenue. The law went into effect on January 1, said Anna Gill, a spokeswoman for the state Department of Revenue.

Leaked England line-up photo appears to show Sterling is out
The response from the players? "They were a bit surprised in the team meeting and were asking 'what have you been doing!?'". Goalkeeper Jaime Penedo is 36, midfielder Gabriel Gomez is 34, Blas Perez is 37 and his fellow forward Luis Tejada is 36.

Bucks' Sterling Brown sues Milwaukee over stun-gun arrest
I'm convinced the only way to get this building's attention and the citizens' attention is to file a federal civil rights suit". Milwaukee Police Department releases body camera video from the arrest of Bucks rookie Sterling Brown .

Tesla CEO Alleges Employee Sabotage In Email
Piper Jaffray Companies set a $369.00 target price on Tesla and gave the stock a "buy" rating in a report on Thursday, May 3rd. In related news, CEO Elon Musk bought 55,000 shares of the company's stock in a transaction on Tuesday, June 12th.

Suspect Dedrick Williams arrested and charged with XXXTentacion's murder
Last November, Williams was arrested on charges of cocaine possession and possessing a weapon while being a convicted felon. Meanwhile an elderly couple faced death threats following social media rumours falsely linking them to the rapper's death.

Live streaming, time, teams and where to watch on TV in India
Brazil have won nine of their 10 previous internationals against Costa Rica , losing only in a friendly in March 1960. FIFA World Cup 2018 Live Score, Brazil vs Costa Rica Live Streaming: Neymar will start for Brazil .

Children Separated From Parents At Us Border Sob, Wail Desperately
Circuit Court of Appeals ruled that child migrants who came to the border with parents and were held in custody must be released. Nielsen said Monday that agents are not acting cruelly, but are enforcing the laws passed by Congress.

House will delay vote on GOP compromise immigration bill until Friday
The House on Thursday narrowly passed a $860 billion farm bill that strengthens work requirements for food stamp recipients. Amodei was critical of GOP leadership and said the procedure being used "represents a new low" for the legislative system.

Melania Trump's Zara jacket shocked many - but statement clothing is in vogue
Then, when people criticize her fashion choices, the first lady is able to respond through a spokesperson by slamming the media. Technically, she's right that there was no hidden message - it was painted, unmistakably, on the jacket's exterior.

Suspect Arrested In The Fatal Shooting Of 20-Year-Old Producer/Rapper XXXTentacion
Additionally, Williams was hit with a probation violation for previous charges and is being held without bail. If you have any information on XXXTentacion's murder , call Broward County Crime Stoppers at 954-493-TIPS.

Mbappe's record goal sends France into last-16
France have never lost a World Cup game when leading at half-time but Aquino almost pegged them back five minutes after the break. Surprisingly though, they dropped this energy as the first half of the game progressed and allowed Pogba to settle into the game.