Popular singer, Akon has created a crypto city in Senegal named “Akon City.” The musician is hoping for a different hit with his self-named Senegalese city and accompanying cryptocurrency, Akoin. He recently tweeted that he had wrapped up an agreement to build a 2,000-acre “Akon City” in the West African nation.
According to him, it would be like real-life Wakanda and the entire city will run entirely on Akoin. His words, “I think that blockchain and crypto could be the saviour for Africa in many ways because it brings the power back to the people. Cryptocurrency and blockchain technology offer a more secure currency that enables people in Africa to advance themselves independent of the government.”