‘Smack That’ singer Akon is set to build his own CITY in Senegal with an AKoin cryptocurrency that he says could be the ‘saviour of Africa’
- Akon, 45, unveiled the futuristic plans at the Cannes Lions Festival of Creativity
- The proposal for Akon Crypto City compares it to Wakanda from Black Panther
- The city will be near the capital Dakar and be ‘the first 100% crypto-based city’
Rapper Akon has unveiled plans to build his own futuristic city in Senegal, trading in a crypto-currency named ‘AKoin’ after himself.
The proposal for Akon Crypto City says it will be a ‘real-life Wakanda’ – referring to a technologically advanced country in Marvel’s Black Panther film.
AKoin’s website says the city, near the capital Dakar, will include universities, schools, a sports stadium and an international airport on 2,000 acres of land.
The Smack That singer, 45, told the Cannes Lions International Festival of Creativity that the currency could be the ‘saviour of Africa in many ways’, Sky News reports.
Singer Akon, pictured yesterday at the Cannes Lions International Festival of Creativity, plans to build a futuristic city in Senegal based around a crypto-currency called AKoin
The website of the planned crypto-currency Akoin, which the singer proposes will be the basis for his futuristic planned city near Dakar in Senegal
The website describes Akon Crypto City as ‘the first 100 per cent crypto-based city with AKoin at the center of transactional life’.
It claims that 2,000 acres of land have already been granted to the project by the President of Senegal, Macky Sall.
It says: ‘[The city is] within 5 minutes of the new international airport, close to the coast and a short drive from Dakar, the capital city of Senegal (Akon’s ancestral homeland).
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‘This mixed use, master-planned city, contains everything from residential to retail, parks, stadium, light manufacturing, universities, and schools.
‘Akon Crypto City has opportunities for brands, businesses and high-profile individuals to create amazing, inclusive experiences in a futuristic environment and welcomes anyone looking to step into the future.’
The currency itself is described as ‘a stable currency [to] stimulate and support youth entrepreneurship, economic stability, and growth across Africa and the world.’
AKoin’s website describes the proposed city as a ‘master-planned city’ with ‘everything from residential to retail, parks, stadium, light manufacturing, universities, and schools’
The star previously started the Lighting Africa project in an effort to provide solar energy to the continent.
In 2016 he launched African music download service Musik Bi, with a mission to promote African artists.
In March this year Akon, who was born in St. Louis, Missouri, told TMZ that he could imagine running for President of the United States with Facebook chief Mark Zuckerberg as his running mate.
Paloma Faith and Naomi Campbell are also among the stars who have attended the Cannes Lions event in the south of France this year.
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