Fellow Conscious, Forward-Thinking, Member of the African Diaspora:

Introducing you to AKoin, launched by Platinum-selling performer and philanthropist AKON, his own cryptocurrency as the central form of exchange. As well, he is building his own city in Senegal stating that Akon Crypto City plans on ‘cryptonizing our daily human and business exchanges’.

Take a look at www.akoin.io for more details about our business, team and mission!

(L-R) Derek “Fonzworth Bentley” Watkins, AKON, The Honorable Jesse Jackson, Venture Capitalist and Impact Investor Robert V. Smith

Photo Taken from SAP’s SDG Blockchain Festival, September 27, 2018 | New York

This past June 2018, Akon spoke at the Cannes Lions International Festival of Creativity, on a panel titled “Branding Africa: Blockchain, Entrepreneurship and Empowering the Future,” stating that blockchain technology and cryptocurrency could be “the savior for Africa in many ways” because of its high security factor. The app-based system “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.”

An initial information blurb posted by ICO Impact Group lays out a much more ambitious plan: a “100% crypto-based city with AKoin at the center of transactional life,” to be built in Senegal. (Akon was born in St. Louis, Missouri but is of Senegalese descent, and he spent significant parts of his childhood in Senegal.) The planned community would be called Akon Crypto City. An extensive website for AKoin describes Akon Crypto City as “a real-life Wakanda”.

It also shows a mock-up image of an app that would handle AKoin withdrawals, deposits, and transfers, along with financial services like micro-loans, and social media outlets and user-generated content. The system sounds something like what’s being planned in the Marshall Islands, where the government signed a law creating its own sovereign cryptocurrency earlier this past year in 2018.

The AKoin site is a clear call for investors and entrepreneurs to get involved both in the cryptocurrency project and in the city itself. www.akoin.io