Singer Akon Announces Cryptocurrency and Plans Ror Real-Life ‘Wakanda’June 20, 2018 4:54 pm
Akon, the 45-year-old “Smack It” singer is the latest celebrity to announce he will launch is own crypto – name Akoin – as well as use it in his Akon Crypto City, a 100-percent crypto-based city in Africa, CoinDesk reported Wednesday.
“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.” – Singer Akon speaking Monday at Cannes Lions International Festival of Creativity
The coin’s website, the new city, which is already in development, is a 2,000-acre land gifted by the president of Senegal, Macky Sall, to Akon, the coin’s website said.
The website labels the land a ” real-life Wakanda” (referring to the city prominently featured in the Black Panther film and comics) will be equipped with everything a normal city would have from residential buildings, retail outlets and parks to universities and schools, the report said.
“I come with the concepts and let the geeks figure it out,” Akon said regarding technical details for the city.
Best known for his music, the Senegalese singer has been largely transferred his career focus to giving back to African communities in recent years. He launched a project named Akon Lighting Africa in 2014 aimed at solving electricity shortage problems in Africa, CoinDesk reported.