Akon to build new city in Senegal with own currency called AKoin

 

Akon wants to build his own futuristic city

 

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 multi-platinum-selling music producer unveiled the ambitious project at a creative festival in Cannes, where he spoke at a panel titled Branding Africa: Blockchain, Entrepreneurship and Empowering the Future.

 

According to page six, he told an audience at the Cannes Lions International Festival of Creativity that his proposed cryptocurrency - dubbed AKoin - could be "the saviour of Africa in many ways" because of how secure it would be.

 

It would all be based on a mobile app, which he said would allow citizens of Akon Crypto City "to utilise it in ways where they can advance themselves and not allow government to do those things that are keeping them down".

 

Full Story: https://news.sky.com/story/akon-to-build-real-life-wakanda-with-its-own-cryptocurrency-in-senegal-11411642

Akon.. a con.. do they sound similar? ?

15 hours ago, kotsak said:

Akon.. a con.. do they sound similar? ?

 

Or is it more like "acorn" - a small thing from which something mighty grows?

Has he checked into rehab yet?   

i envisage  these  crypto currencies all ending in disaster at some point