Singer builds his own city using his cryptocurrency

Akon , a singer and businessman, named himself a crypto asset (virtual currency) ' Akoin (( Acoin ) It was announced that a contract was signed with Senegal, the home country, for the construction of a 'cryptographic city' where all transactions are carried out using.

Just finalized the agreement for AKON CITY in Senegal. Looking forward to hosting you there in the future pic.twitter.com/dsoYpmjnpf

— AKON (@Akon) January 13, 2020

Akon created his own city in Senegal called'Akon City' | CNN Travel
https://edition.cnn.com/travel/article/akon-city-senegal-trnd/index.html

It actually happened — Akon just founded his own crypto city in Africa
https://thenextweb.com/hardfork/2020/01/14/cryptocurrency-crypto-akon-akoin-blockchain-africa-senegal-city/

Akon, the singer who was the first solo artist to achieve the 1st and 2nd monopoly on the 'Billboard Hot 100' twice and is also the world's number one artist in the number of ringtones sold, was born in the United States and raised in Senegal. Returning to the United States at the age of seven, Akon considered Senegal to be an important 'hometown' and made various efforts.

For example, in 2007, Aikon founded the KONFIDENCE FOUNDATION, a charity for underprivileged children.

In 2014, he co-founded a fund called 'Aicon Writing Africa ' because he lived in a village without electricity during the Senegalese era. We support solar power projects in 25 African countries with underdeveloped power infrastructure.

The construction of the 'Cryptographic City' and 'Akon City ', which was announced to conclude this contract, has been underway for more than a year. The city will be built in 2017, about a five-minute drive from Blaise Diagne International Airport in western Senegal. The site area is 2000 acres (about 8 square kilometers), and the land was given to Mr. Aikon by President Macky Sall.


In Akon City, all transactions are carried out in the virtual currency 'Acoin' bearing the name of Mr. Akon. Acon believes that cryptocurrencies and blockchain technology will provide a safe currency for Africans to be independent of the government.