Akon Is Going to Make Akoin Happen

Angelo Anderson
June 23, 2018

And now the once-extremely-popular singer Akon has announced that he's about to launch his own cryptocurrency, and that it'll be called Akoin.

Akon is now heavily involved in humanitarian projects, having set up Lighting Africa - a project to bring solar power to Africa - in 2014. The R&B singer already has an ongoing project called Akon Lighting Africa, which provides solar power solution in 18 countries across the continent.

Akon's Akoin venture will also include a "100 percent crypto-centric city", called Akon Crypto City, which will be based in a 2,000-acre land supplied by the Senegalese President.

In conjunction with the new currency - which, according to the official website, aims to become a stable currency alternative throughout Africa - the company are also developing a crypto-based city in Senegal, Akon's homeland.


Speaking at the Cannes Lions International Festival of Creativity in Cannes, France, the entertainer and entrepreneur told a panel that cryptocurrency and blockchain technology could empower people in Africa and offer a more secure currency that enables them to advance themselves independent of the government.

But Akon admitted he is only involved in the envisioning of the project, with him happy to "let the geeks figure it out" when it comes to making it a reality.

Meanwhile, the "Konvicted" creator talked about running for President and taking on Donald Trump in 2020, as well as Kanye West, who also talked about throwing his hat into the political ring. He already has a debate planned and said it's going to be "entertaining" and "something worth watching". "I'm going to go after Trump and Kanye will get offended because he likes Trump and he's going to go after me". And the debate stage will be set where it's all about me. The way I look at it, win or lose, at least I get the movement going, I get the conversation going. "Like 'No motherf-ker, you're a liar'".

Other reports by Iphone Fresh

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