Akon set to create 'real-life Wakanda' with own currency in Senegal – reports

2018-06-22 15:30
Akon ( File, AFP)

Akon ( File, AFP)

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Akon has reportedly announced plans to launch a new cryptopcurrency, Akoin, together with a "real-life Wakanda-like city".

According to BBC, the Lonely hitmaker said this on Monday at the Cannes Lions International Festival of Creativity.

The project is the foundation of the AKoin Ecosystem, which "unlocks the potential of the world's largest emerging economy through the creation of a stable currency and innovative, revenue-generating opportunities that stimulate and support youth entrepreneurship, economic stability, and growth across Africa and the world", said the AKoin website.

Akon's vision for the new project spans much larger than just a virtual cryptocurrency - he is also aiming to build his own city, Akon Crypto City, near Dakar in Senegal, the website said.

Akon is also the co-founder of another visionary project, Akon Lighting Africa, which was launched in 2014 that aims to bring electricity to many parts of Africa.

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Read more on:    akoin  |  akon  |  senegal  |  cryptocurrency

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