According to Criptonoticias, the Senegalese singer Akon will create the city “Akon City” whose currency will be the cryptocurrency “Akoin”. This project began after the singer received a donation from Senegalese President Macky Sall of 810 hectares of land, although in the long term the city is expected to reach an area of 2000 acres.
According to the singer, this cryptocurrency "would unlock the potential of the world's largest emerging economy," while making use of a reliable cryptocurrency that will stimulate income-generating opportunities that support youth entrepreneurship, economic stability, system security. Monetary and growth of Africa.
The Akoin has useful digital tools and services for its users to learn, earn, save and spend by using cryptocurrencies. This would allow people to progress on their own, while preventing them from depending on the monetary system of the government, and the problems that this entails.
The singer Pitbull for his part, has also been involved in projects with cryptocurrencies while owning a gym, specialized in boxing, in New York that accepts payments in bitcoin.