Akon Says a Crypto City Is Set For Senegal 2025

Must Read

Bitcoin Eyeing $11800 After Intense Drop

As we saw earlier today, Bitcoin started by declining from $11349 to $11176, roughly 1.76%.

USDT Is A Game Changer For Online Poker

CoinPoker - the flagman of the industry, the biggest and the oldest pure crypto poker...

Can XRP defend its price?

Could XRP defend its price action, and rise back to $0.30? Here is my view on how...
- Advertisement -BTCClicks.com Banner
Earn Free Bitcoin

Singer Akon tweeted yesterday, “Just finalized the agreement for AKON CITY in Senegal. Looking forward to hosting you there in the future.”

The futuristic city 

The project portends a “100% crypto-based city with Akoin at the center of transactional life.” The metropolis would become Senegal’s first Leadership in Energy and Environmental Design (LEED)-certified city. It is set on a 2,000-acre parcel gifted by the Senegalese president.

Reports hint at Mbodience, a short drive from Senegal’s new international airport, as the land in question. Last week, the 45-year-old entrepreneur signed a “memorandum of understanding” with SAPCO, Senegal’s state-owned tourism department

According to an interview from November on radio station Power 106, Akon City is a long-term undertaking. “It’s a 10-year building block so we’re doing it in stages. We started construction in March [2019] and stage two is going to be 2025,” Akon said. 

The Akoin as Africa’s future

But the Akoin, according to its web site, will soon launch its beta platform. It’s the foundation of the Akoin team’s three-part vision to empower “rising entrepreneurs with digital and real life tools and services; and enabling brands to unlock the power of Africa’s rising economy.”

Cointelegraph reached out to the Consulate General of Senegal, which had yet to receive legal documents on Akon City at press time. 

Akon may not be alone as a pro-Africa crypto mogul. Although Twitter and Square CEO Jack Dorsey has been mum on Akoin, he views Africa broadly as the cryptospheric future.

- Advertisement -
- Advertisement -

Latest News

Wyoming Amends Insurance Code to Allow Insurance Companies to Invest in Bitcoin & other Cryptos

In the first provision of its kind, Wyoming is allowing the domestic insurers to invest...
- Advertisement -Earn Free Bitcoin

DeepTradeBot: The innovation of large companies at your service

DeepTradeBot is a collection of automated trading tools developed by Deep Neuro Networks LTD, a London, England-based company dedicated to artificial intelligence and...

Flyp.me Instant Crypto Exchange Now Supports REN Token Trading

Decentralized finance is leading the way of the cryptocurrency industry, with the REN Protocol at the front. REN Protocol is...

BLOCKCHAIN OVERCOMES POSSIBILITY OF FRAUD, LACK OF TRANSPARENCY AND TRUST IN THE GAMBLING INDUSTRY

DATE: 07/08/2020 In a recent study carried out by the UK Gambling Commission reveals that the gambling industry has...

The Kuailian Ecosystem, Bringing Blockchain Technology To The World

10 years have passed since the birth of Bitcoin and the first use of Blockchain, a technology that has not stopped evolving,...