Akoin Crypto

Akon's Crypto City

Hello again, dear viewers of CryptoTimes.TV!

Why do some artists prefer using their stage name instead of their real one? Guess, some names just don’t sound right to appeal to the audience.

And did you know why Akon, an American singer, songwriter, businessman, record producer and actor of Senegalese descent, opted for these four letters to represent his character? Probably because his real name is too long to pronounce for an average English speaker. Check this out: Aliaune Damala Bouga Time Bongo Puru Nacka Lu Lu Lu Badara Akon Thiam.

Anyway, our today’s episode is about him, and particularly about his interest in crypto. You know – the new digital kind of money that some people say is impossible to counterfeit. The most popular cryptocurrency today is still Bitcoin, and its hype has grown so immense that many celebrities and other personalities representing popular culture have picked up the trend as we’ve shown you in our previous videos. And Akon is no exception. But unlike many of his colleagues, he didn’t just agree to become an ambassador for a new coin project, nor has he ever been offered crypto as payment as far as we’re aware. No, he actually took his time to study the concept behind Bitcoin and recognized the benefits it can provide for a society. For African societies, to be quite precise, because at Cannes Lions International Festival of Creativity this year he announced that he not only is launching his own crypto, “Akoin,” but also will use it in a Crypto City, a 100 percent crypto-based city in Africa. And even though he once said that Bitcoin is a tool that will change the world at the 2014 Milken Institute Global Conference, apparently he’s come up with an even better idea of how to implement crypto technologies in ordinary peoples’ day to day lives.

You can even be part of this movement and get informed at https://www.akoin.io. And also it would be cool, if gave us your opinion on this after watching the video and browsing the official Akoin website.

As Akon tells it, the forthcoming coin will serve as the currency for a yet-to-be-developed city in the country of Senegal. The “Akon Crypto City” will occupy a reported 2,000 acres of land gifted to the singer by the president of Senegal and is envisioned to be a “100% crypto-based city with Akoin at the center of transaction life.”

And that’s not all.

Akoin, while also being a transactional currency, is a key component to the broader “Akoin Ecosystem” founded to empower youth all over the African continent through a “suite of blockchain-powered apps” that allow young entrepreneurs to “buy, hold and spend cryptocurrency right from their smartphone”, as stated on the coin’s official webpage.

Apparently inspired by his grand plan to make Africa great again, still at the Cannes Lions Festival, Akon stated he was preparing to confront the President of the United States, Donald Trump, during the 2020 presidential elections. Here’s what he said: “I’m going to go after Trump… I’m going to come in with a team so crazy, man, it’s all going down. I’m not holding my tongue.”

So what should we make of all of this? Do you think that “running for presidency” statement was just a joke? And will Akon’s crypto ambition take off? Tell us what you think in the comments down below.

#akon #crypto #akoin #ico #bitcoin #senegal #cryptotimes


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