At some point in your life, you must have heard Akon songs including Lonely, Right Now, Blame It On Me and Sorry. Akon is a renowned singer who successful sang many popular songs. Currently, Akon is more inclined towards making his country more developed and prosper. To support his country's development, Akon is launching his own cryptocurrency named Akoin.
Akon is launching this coin in order to support his 'Lighting Africa Project' which is focused on bringing solar power to the whole Africa and Akoin will help him in his initiative.
As per the Source, Akon explained the use & purpose of Akoin:
“I think that blockchain and crypto could be the saviour for Africa in many ways because it brings the power back to the people and brings the security back into the currency system and also allows the people to utilise it in ways where they can advance themselves and not allow government to do those things that are keeping them down.”
The sale of Akoin will begin in 2 weeks time.
The purpose of Akoin coin will be acting as a power source for Akon Crypto City, which is being developed on 2,000 acres land given to Akon by President of Senegal.
With the Akoin coin in the centre of transactional life of Akon crypto city, people will be charged less for the electricity as well as they'll earn while they spend.
The terms & conditions for the Akoin sale hasn't been revealed yet. But it would be exciting to see people's response towards the cryptocurrency introduced by a celebrity.
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