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
Artificial IntelligenceTechnology

Is AI Really a Job Killer? These Experts Say No

3 Mins read
Thank you for reading my latest article Is AI Really a Job Killer? These Experts Say No. Here at LinkedIn and at Forbes I regularly write about management…
MetaTechnology

Apple, Alphabet, Amazon, Tesla, Microsoft and Meta Lost $260Bn in 24 Hours

2 Mins read
Apple, Alphabet, Amazon, Tesla, Microsoft and Meta Lost $260Bn in 24 Hours. Concerns over demand for Apple products and services caused an…
Artificial IntelligenceElectric VehiclesTechnology

It’s AI day for Tesla, but we’re here for the cringey texts

1 Mins read
It’s AI day for Tesla, but we’re here for the cringey texts Startups and VC When insurtech company Metromile went public via…

Leave a Reply

Your email address will not be published.

error: Content is protected !!