Famous Singer Akon Launches Its Own Crypto Called “Akoin”

Famous celebrity Akon is launching its own cryptocurrency as some of the popular people have already done.

The 45-year-old popular singer declared on Monday at Cannes Lions International Festival of Creativity that he is going to launch his own crypto, “Akoin,” and is going to use it in his Akon Crypto City which will be a 100 % crypto-based city in Africa.

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.”

Pursuant to the website, the new city, which is in the process of its development, is a 2,000-acre land which was presented by the president of Senegal, Macky Sall, to Akon. This ” real-life Wakanda” (referring to the city prominently featured in the Black Panther film and comics) will be supplied with all a standard city would have from dwelling buildings, retails, parks, to universities and schools. What about technology details regarding his cryptocurrency, Akon mentioned: “I come with the concepts and let the geeks figure it out.”

Popular and the Senegal-descent singer Akon has been substantially  passed his career attention to returning back to African societies in last years. He started a program named Akon Lighting Africa in 2014 the purpose of which was to solve electricity shortage issues in Africa.

“Start your career with what you’re great at… not what you want to do. Build your career then chase your passion,” the singer said.