Showing posts with label akon. Show all posts
Showing posts with label akon. Show all posts

Rapper Akon Says Construction Begins Soon For Crypto Powered Futuristic African City - With a $6 Billion Price Tag...

Giving him the land to build it on, Senegalese authorities have embraced Akon as a "native son", introducing him by his given name Aliuane Thiam and praising him for investing in Africa at a time of such global financial uncertainty. He met with government officials on the grassy fields in Mbodiene some 100 kilometers (62 miles) outside the capital where construction has yet to begin.

Akon said the project already has secured about 1/3 of the $6 billion goal, but declined to publicly name his investors, citing non-disclosure agreements. He says after construction begins in early 2021, the first phase of the project alone could take more than 3 years, he said.

Akon City is promising a bit of everything: a seaside resort, a tech hub, recording studios and even a zone dubbed "Senewood" that developers hope will help develop Senegal's film industry.

The singer on Monday acknowledged the comparisons made between Akon City and the utopian society in "Black Panther," calling it an "honor."

Video courtesy of Bloomberg

"Nobody Even Knows What Blockchain is" - Rapper Akon Talks Cryptocurrency, As He Prepares To Launch His Own...

Rapper Akon's journey into crypto has had plenty of awkward moments, in the past he's said “I come with the concepts and let the geeks figure it out” and this week he elaborated on that by calling blockchain technology 'confusing'.

One of the radio show's co-hosts interrupts and says 'it sounds like a scam'.

Akon says the coin's purpose is to build a 'Real life Wakanda'.

Video Courtesy of Breakfast Club on Power 105.1 FM

Rapper Akon proposes a 'Real life Wakanda' with an economy that runs on his new cryptocurrency 'AKoin'...

Akon was asked to speak at the Cannes Lions International Festival of Creativity on the topic of “Branding Africa: Blockchain, Entrepreneurship and Empowering the Future.”

But he surprised his audience by deciding to pitch a new cryptocurrency controlled by him as a solution to Africa's development - saying investing in his cryptocurrency will help him to create and power what he's calling a ‘real-life Wakanda’.

The early outline of the project is described as:

"AKoin is a new cryptocurrency from visionary changemaker Akon and is the foundation of the AKoin Ecosystem -- a unique global project that offers an abundance of digital and in-real-life platforms and experiences that create opportunity and inclusion for youth entrepreneurs by allowing consumers to buy, hold, and spend cryptocurrency right from their smartphone through a suite of blockchain-powered apps.

The AKoin Ecosystem unlocks the potential of the world's largest emerging economy through the creation of a stable currency and innovative, revenue-generating opportunities that stimulate and support youth entrepreneurship, economic stability, and growth across Africa and the world.

Created by Grammy-nominated, multi-platinum selling artist, producer, entrepreneur, and philanthropist Akon, who successfully founded and grew Akon Lighting Africa to provide scaled solar power solutions throughout 18 countries to date in Africa, the AKoin Ecosystem's exclusive suite of sustainability and growth-building crypto-based apps offer immediate and ongoing new revenue generating opportunities to stimulate micro-exchanges and financial stability.

And while the opportunities to buy, hold, and spend Akoin to power youth entrepreneurs on the digital platform and from anywhere in the world are vast, consumers will also be able to engage with AKoin in an entirely new way when they visit the real-life Wakanda of Akon Crypto City."

When questioned about some of the specific blockchain technology that will be used to turn his plans into reality, Akon says:

“I come with the concepts and let the geeks figure it out.”

At the same panel discussion Akon also says he may challenge Donald Trump in 2020.

In the past, Akon was caught lying to earn 'street cred' by claiming he went to jail and served 2 years for being part of a car theft ring - the story behind one of his biggest hits "Locked Up".  The investigative reporting website "The Smoking Gun" investigated the claims and and found no records of convictions.
Author: Ross Davis
E-Mail: Twitter:@RossFM
San Francisco News Desk