The 46-year-old American singer – Akon, or his real name Aliaune Damala Bouga Time Puru Nacka Lu Lu Lu Badara Akon Thiam, has been talking and planning on his crypto city and own cryptocurrency about 3 years back.
First announced the plan in 2018, Akon has now officially funded his Akon City in Senegal. According to his recent tweet, he has already finalized the agreement in relation to the city with the officials from Senegal.
In addition to building a city in Senegal, Akon is planning for cryptocurrency to be used in every transaction made in the city, in conjunction with it being the first crypto city ever built. The cryptocurrency to be used is obviously, none other than his own crypto Akoin.
However, despite a very positive plan and outlook on the city and his cryptocurrency Akoin, no white paper has been presented to the public, which comes off as worrying to the crypto community.
Akon, who is a Senegalese descent, revealed in 2018 that the city will be built on a 2,000-acre land gifted to him by the President of Senegal, Macky Sall. He aims to contribute to a big and positive impact in Africa with his vision, and the crypto community is thrilled to see how this goes in the future.
Way to go, Akon!
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Nurul is an English Language graduate who is highly passionate on writing, she literally breathes on it. An avid reader and a critical thinker, she covers on blockchain news during day and weeps at sad novels at night.