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American rapper Akon to build crypto city in Senegal

This project was announced by singer Akon in 2018. It is now a question of making it concrete with start of work triggered last June by an engineering company established in the USA. A construction which will take place in two distinct phases and which represents an investment of $ 6 billion. The first phase which has just been initiated must end in 2023.

Akon City et sa cryptomonnaie Akoin

The project may seem a little crazy and above all strongly egocentric. It has at least the merit of donate to cryptocurrencies a real dimension which fits into the stone. Because this city will be resolutely blockchain technology oriented which is its backbone.

The whole resting on the Akoin, a digital currency developed on the network Stellar Lumens (XLM). Its stated aim is to offer an accessible monetary tool and liberating. Which is after all only the true historical engine of this universe. Its launch seems to be taking shape now and could intervene in the coming weeks. It should be done in the form of an IEO in partnership with the Bitfinex platform.

« Akoin’s mission is to unleash the potential of the world’s largest growing workforce by creating opportunities for learning, income, spending and savings across Africa and other micro- savings. » – Akoin.io

A project that has the merit of bringing back the character conducive to the development of cryptocurrencies than represents the African territory. And a city that will offer a hospital campus, a solar power plant, a school and many services that are sorely lacking in this part of the world. It makes you want to believe it!

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