Akon Building the First Black-Owned Futuristic City with Its Own Cryptocurrency

Akon Building the First Black-Owned Futuristic City with Its Own Cryptocurrency

By s_bukley

photo credit: s_bukley // Shutterstock

Akon is doing the damn thing! And has been for a while now, for those of you who didn’t know.

The artist and producer, who is of Senegalese decent, has started to speak of his next project, “Akon Crypto City,” a futuristic city in Senegal whose economy will be powered by AKoin, his soon-to-launch cryptocurrency. The city will be built on 2,000 acres of land he received as a gift from the president of Senegal, Macky Sall. Its location is perfect, only 5 minutes away from the newly built international airport and a short drive from Dakar, the capital city.

Akin Ecosystem is a global project that “offers an abundance of digital and in-real-life platforms and experiences that create opportunity and inclusion for youth entrepreneurs by allowing consumers to buy, hold, and spend cryptocurrency right from their smartphone through a suite of blockchain-powered apps.

“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,” Akon said at the Cannes Festival, according to The New York Post.

Akon has already successfully founded and grown “Akon Lighting Africa”, which provides scaled solar power solutions throughout 18 countries to date in Africa.

Sounds like the real-life Wakanda! Check out the official website!

Written by Clarke Jones

Source: AKoin