What is Akon cryptocurrency?
Table of Contents
What is Akon cryptocurrency?
Akon’s ecosystem is not a utility token but an entrepreneurs hub across Senegal. Further, it works with a decentralized exchange and a wallet that facilitates transactions among users. It enables transactions between major crypto coins without the limitations of traditional finance.
Is it true that Akon is building a city?
Intended as an upscale destination for Black Americans, Akon City will be solar-powered and environmentally friendly, he has said. Residents and visitors will be able to make purchases with Akoin, which he envisions as a global currency. Akon just unveiled his $6 billion ‘futuristic’ city in Senegal.
Why is Akon building a city?
The singer told the Associated Press the project is geared toward stimulating the local economy and creating much-needed jobs for the Senegalese. He also envisions that the city will serve as a “home back home” for Black Americans and other members of the African Diaspora facing racial injustice.
Where Did Akon get the money to build his city?
Paul Martin, from the US-based firm KE International which won the Akon City construction contract, said that Kenyan entrepreneur Julius Mwale is the lead investor. He added that he could not disclose information on other investors for confidentiality reasons, but said more than $4 billion in funding had been raised.
How much is Acoin worth?
ACOIN Price Statistics
| Acoin Price | $0.01949 |
|---|---|
| Price Change24h | $0.0004641 2.44\% |
| 24h Low / 24h High | $0.01895 / $0.01968 |
| Trading Volume24h | No Data |
| Volume / Market Cap | No Data |
Can I buy Akoin?
Purchasing AKN Once we’ve launched, search for Akoin or AKN on Bittrex Global and you will find our available trading pairs. Navigate to the pair you’d like to trade, fill in the required information, and you will be able to buy AKN tokens!
Is Akon building his own cryptocurrency city in Senegal?
Rapper Akon is building a new futuristic ‘Crypto city,’ in Senegal, which will trade exclusively in his own digital cash currency called AKoin. The US-born singer, who is of Senegalese descent, says his futuristic city will be built on a 2,000-acre land gifted to him by the President of Senegal, Macky Sall.
What is Akon’s “Akon city?
In a recent interview with Nick Cannon, the 46-year-old R&B singer indicated that the construction of the city dubbed “Akon City” started in March this year. Akon announced plans to build the city during the Cannes Lions Festival in June last year, saying that it would be a 100 percent crypto-based city.
What does Akon do for a living?
Akon, 45, is more recognized as a business man than a musician these days. His most recent venture is Akon Lighting Africa which is providing solar power to African countries. Now he has turned his attention to digital currencies and its underlying blockchain technology.
What is Osh Agabi’s innovation?
Nigerian inventor, Osh Agabi, has created a device that fuses live neurons from mice stem cells into a silicon chip — for the first time. The device can be used to detect explosives and cancer cells. Read more about Agabi’s innovation.