ramesh77
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The 45-year-old "Smack That" singer announced Monday at Cannes Lions International Festival of Creativity that he not only is launching his own crypto, "Akoin," but also will use it in his Akon Crypto City, a 100 percent crypto-based city in Africa.
First reported by Page Six, Akon said at Cannes Lions:
"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."
According to 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.
This, as the website calls it, "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, retails, parks, to universities and schools.
First reported by Page Six, Akon said at Cannes Lions:
"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."
According to 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.
This, as the website calls it, "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, retails, parks, to universities and schools.
