An African crypto currency

Project description

Eager to improve financial stability in Africa while providing with a secure monetary system and, in fine, boost economies, the worlwide Senegalese singer Akon has launched, in 2018, a new crypto currency branded Akoin. This currency is to represent the economical basis of the Akoin Ecosystem, a project on a future smart city close to Dakar, extended on 2 000 ha, gathering digital projects. As part of the Akoin Ecosystem, consumers will be able to buy, save and spend their Akoin directly with their application to be available on each mobile phone by December. Surrounded by computer engineers, the worldwide singer ensures the crypto currency Akoin will be based on cryptography to secure and verify transactions and make it impossible counterfeit. This initiative is the continuation of Akon's actions in Africa, who provided with with solar energy solutions in 18 African countries already, through his akon Lighting Africa foundation.

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Project summary

  • Organization ICO Impact Group
  • Location Sénégal
  • Creation date 09/05/2019
  • Project category Smart-economy
    • Crypto currency
    • Fintech

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