Senegal Crypto City, Project By Famed R&B Singer Akon Get Government Approval

Senegal Crypto City News (Jan. 20, 2020) – Famed R&B singer, Akon is closer to make his Senegal crypto city project a reality.

The 46 year-old received permission from the Senegalese government to start construction of the crypto city. He and his team plan to do so as soon as possible.

Where will Akon City built?

The project, dubbed Akon City will be built on 2,000-acre of land donated by Macky Sall, Senegal’s president, to the single’s foundation in 2018. The plot is located a few miles outside of Dakar.

Accordingly, a team of highly skilled African architects is currently working on the blue print of Akon crypto city. The properties will be occupied by individuals who purchased and pay for a spot using cryptocurrency Akoin.

Afterward, Akon announced the great news of Akon Crypto City project green light on his Twitter account from Senegal’s capital city, Dakar.

Just finalized the agreement for AKON CITY in Senegal. Looking forward to hosting you there in the future pic.twitter.com/dsoYpmjnpf

— AKON (@Akon) January 13, 2020

in addition to the altcoin, Akoin, the newly built city will operate completely on renewable energy,

What is Akon Crypto City project?

As the first of its kind, Akon Crypto City is said to become the real Wakanda; the fictional city portrayed on the recent Marvel’s blockbuster hit, Black Panther.

Akoin, according to the project’s roadmap, will be trading on cryptocurrency exchanges second quarter of 2020.

Who is Akon?

Akon is one of Africa’s most famous individual and being labeled a “proud native son.” This title is reserved for Africans in Africa and the diaspora who represent the world’s largest continent well.

With Akon Crypto City, the singer hope to make digital currency a staple of Africa’s emerging economy; starting with his home country, Senegal. The hope is that the project will spread across the continent like ‘wild fire.”

In addition, the project will focus on attracting entrepreneurs, both from Africa and abroad.

What are your thoughts of Akon’s crypto city and cryptocurrency, Akoin?

Faith Obafemi

Faith Obafemim tech lawyer, digital content consultant, blockchain & crypto researcher, emerging tech tech writer. She is currently doing research on the implementation of the African Continental Free Trade Agreement (AfCFTA) on the blockchain and recommending Kleros as a dispute resolution layer.