Akon announced cryptocurrency Akoin
The artist belive on that “crypto can be the savior for Africa”

Akon is the trendy artist to get into the cryptocurrency marketplace after launching his own digital currency.

Titled ‘Akoin’, the cryptocurrency is set to resource the singer’s lighting Africa initiative – a undertaking that targets to improve Africa’s living conditions by using renewable power.

Talking at a panel all through Cannes Lions 2018, the Senegal-raised artist said: “I suppose that blockchain and cryptocurrency might be the savior for Africa in many approaches as it brings the strength back to the human beings and brings the security again into the currency machine and also lets in the people to make use of it in methods wherein they could enhance themselves and now not permit government to do the ones things which can be preserving them down.”

He brought that as part of the venture, he plans to create a “100 percent crypto-based city” on 2,000 acres of land. The Akoin internet site states that “this futuristic city already in development, starting with 2,000 acres of land give as a present to Akon from the President of Senegal, is within 5 mins of the new international airport, near the coast and a small drive from Dakar, the capital town of Senegal (Akon’s native land).

“Akon Cryptocurrency metropolis blends leading smart city making  designs with a blank canvas for cryptonizing our every day human and commercial enterprise exchanges, toward inventing an intensive new way of lifestyles.”

Talking about the technical difficulties of Akoin and the totally crypto-based city, Akon said: “I come with the concept and permit the geeks check it out.”

Before this year, Akon said he might supply a 2020 Presedential Run a go along with facebook’s Mark Zuckerburg acting as his vice president.

When asked regarding a ability debate with Trump, Akon said: “It’s gonna be exciting, it’s gonna be something really worth watching,” he stated about a capability debate. “I’m going to head after Trump and Kanye gets indignant due to the fact he likes Trump and he’s going to head after me. Then I’m going to move after Kanye and then Trump’s going to get offended due to the fact he likes Kanye and he’s going to go after me. And the debate level could be set in which it’s all about me. It’s perfect, a masterplan.”