So, Akon City Is Now Officially a Thing & It Has Its Own Cryptocurrency "Akoin"
Akon officially has his own city in Senegal. It's called Akon City, it has its own cryptocurrency, it's apparently a five-minute-drive from the West African state's new international airport, and he's looking forward to hosting us. Honestly, what more could you want?
Akon took to Twitter to announce the news earlier this week. Check out his post below.
According to CNN, Akon had previously said that the futuristic city would be built on a 2,000-acre plot of land gifted to him by the President of Senegal. The new city would trade exclusively in his own digital cash currency, Akoin.
Back in December, Akon told Nick Cannon during an interview on Power 106 Los Angeles, “It’s a 10-year building block so we’re doing it in stages. We started construction in March (2019) and stage two is going to be 2025.”
According to Euro News, building the futuristic city is estimated to cost $2 billion, which prompted Cannon to ask if Akon was a billionaire. The Grammy-award-winning musician dodged the question but signaled that those with money should be giving back. “If you can have a billion dollars sitting in the bank, while you have all these people suffering, it’s crazy to me. It’s like a waste of a billion dollars,” he explained.
He told Cannon that Akon City is “all renewable, the Akon-tainment solar city.” The city is set to become Senegal’s first Leadership in Energy and Environmental Design (LEED) certified cities.
Watch the full interview below.