In this ulog, i try to create a 'publication of revelation' for the question "What Is Akoin? Is It For Africa; For Africa?"
To do this, i shared my shared my screen, while visiting the Akoin website, from where i derived excerpts to develop my narrative about the project and in this case, 'in relation to Africa'.
Akoin is a blockchain-based project ran by Akon, in his bid to take 'Africa to the world'. However, is the project really for Africa; is it for Africa?
Amongst other things, it is important to know that while "Akoin" is the name for Akon's digital currency, it also refers to an entire ecosystem called 'Akoin'.
Akoin intends to offer an ecosystem that incites, invites and incentivizes 'innovators, programmers, enterpreneurs etc' especially those emanating from Africa, to build projects and applications on blockchain technology. They will also have a layer that offers 'atomic swap' capabilities allowing for easy distribution of Akoin. As importantly, they are building a physical venture called 'Akon city' starting in Senegal, a smart city that is powered by Akoin.
All aspects of their ecosystem will use Akoin (a digital currency), creating dynamic uses-cases for Akoin. As for bringing 'Africa to the world', Akoin is on the right track but to what measure can Akoin be made to be potent for this? This and more i have discussed in my ulog above.
Akoin intends to start their project with the Stellar blockchain. I say 'start' because according to me, there exist a likelihood that they will shift to a blockchain that is specifically built for 'social' or transition on to their own blockchain as it is established based on my insight into the expanse of their vision that they are focused on 'social'.
This video is one video from the 'Akoin series'. The series will contain 5 or 6 videos. Kindly subscribe to UloggersTV to watch the other videos.
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