| Title | Entertainer "Akon" Plans to Build a Cryptocurrency-Based City in Senegal | |
| Date | Friday June 22 2018, @06:14PM | |
| Author | martyb | |
| Topic | ||
| from the Wakanda's-secret-is-ICOnium dept. | ||
Akon wants to found a 'real-life Wakanda' based around his cryptocurrency AKoin
Platinum-selling performer and philanthropist Akon wants to build his own city in Senegal and launch his own cryptocurrency as the central form of exchange. Speaking on Monday, June 18th, at the Cannes Lions International Festival of Creativity, on a panel titled "Branding Africa: Blockchain, Entrepreneurship and Empowering the Future," the Grammy-nominated singer of "Don't Matter" and "I Wanna Love You" discussed his plans for AKoin, a branded form of cryptocurrency.
According to PageSix's panel report, Akon said blockchain technology and cryptocurrency could be "the savior for Africa in many ways" because of its high security factor. He said the app-based system "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."
An initial information blurb posted by ICO Impact Group lays out a much more ambitious plan: a "100% crypto-based city with AKoin at the center of transactional life," to be built in Senegal. (Akon was born in St. Louis, Missouri but is of Senegalese descent, and he spent significant parts of his childhood in Senegal.) The planned community would be called Akon Crypto City. [...] An extensive website for AKoin describes Akon Crypto City as "a real-life Wakanda," referring to the ultra high-tech fictional nation ruled by King T'Challa, aka the superhero Black Panther, in Marvel's Black Panther movie and comics.
Akon is an American singer, songwriter, businessman, record producer and actor of Senegalese descent.
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printed from SoylentNews, Entertainer "Akon" Plans to Build a Cryptocurrency-Based City in Senegal on 2024-04-25 18:06:49