US-born singer Akon plans to create his own city in Senegal with his own cryptocurrency, AKoin, being the central method of exchange, he revealed at the Cannes Lions International Festival of Creativity on daily. The secure nature of blockchain technology could allow Africans to get ahead without government interference, he said at the Branding Africa: Blockchain, Entrepreneurship and Empowering the Future panel. The city, called Akon Crypto City, is already under development after the President of Senegal gifted 2,000 acres of land, close to a new international airport, to Akon.
US-born singer Akon plans to create his own city in Senegal with his own cryptocurrency, AKoin, being the central method of exchange, he revealed at the Cannes Lions International Festival of Creativity on 18 June. The secure nature of blockchain technology could allow Africans to get ahead without government interference, he said at the Branding Africa: Blockchain, Entrepreneurship and Empowering the Future panel. The city, called Akon Crypto City, is already under development after the President of Senegal gifted 2,000 acres of land, close to a new international airport, to Akon.