AfricaTechnology

Akon set to launch one cryptocurrency for all 54 African states in February

1 Mins read

When the news broke that, Akon is building a real-life “Wakanda” city in Africa which will operate an economy that depends highly on cryptocurrency, many thought the use of his brand name cryptocurrency AKOIN will be limited to this city.

However, the musician targets a much wider usage scope. In a post, Akon clears all doubts by revealing that, the much talked about currency will cover all the 54 states of Africa, unlike the initial thoughts. He added that the currency forms a part of a larger ecosystem that comprises of AKOIN tokens, AKOIN digital wallet, integrated and decentralized crypto apps.

Image result for AKOIN

The currency according to his statement, is purported to target several ongoing issues in Africa, ranging from instability and inflation and also stimulate the growth of young entrepreneurs.

He also disclosed plans to establish legitimate partnerships with selected brands to support the AKOIN as a valid cryptocurrency. The set month for the launching of this currency is February this year (2020).

Related posts
electric carsElectric VehiclesGearTechnology

Why Now's the Time to Consider Integrating EVs Into Your Fleet

4 Mins read
Why Now’s the Time to Consider Integrating EVs Into Your Fleet If you’ve been hesitant to integrate EVs into your fleet —…
Social MediaTechnology

Elon Musk’s Twitter pays $300 million debt payment

1 Mins read
Elon Musk’s Twitter pays $300 million debt payment Elon Musk’s Twitter has made its first interest payment of $300 million on the…
MobileTechnology

13 hidden Android features you should be using

7 Mins read
13 hidden Android features you should be using Make sure you’re using these 13 Android hacks to get the most out of…

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!