AKoin… even rapper Akon has a cryptocoin now!

Crytocurrencies have been around for a few years now, the most popular of which has probably been Bitcoin. So popular it has been that over the last two years or so we have seen a growth in the market that nobody expected. There are so many currencies out there now that people now have a range of different coins they can invest in to turn a quick buck or hope will become a trade-able currency in the next few years. If you have ever thought about investing in crypto but don’t know where to start check our simple guide on how to get going. Anyway as crypto grows so does the it’s possibilites, so much so that rapper Akon has come out and said that he’s planning on releasing his own cryptocurrency – AKoin!

In This Article

You have to be kidding me

You might think it’s a joke but trust us it’s not. Mr Smack That himself spoke at the recent Cannes Lions Festival and he geniunly believes that cryptocurrency could potentially be the ‘saviour of Africa’. Seriously there is even an official AKoin website that the rap star has said he wants on every mobile phone by December this year.

The AKoin website

Akon says the money will go towards building the worlds very first cyptocity in Senegal and for anyone who watched the Marvel Black Panther movie they will understand what’s meant when he says his vision is to create a real life Wakanda.

According to the AKoin website, the rappers plan has been given the backing of the Senegalese government who have gifted the project 2,000 acres of land just outside the nations capital city. Akon Crytpto City (the town’s official name) is promised to be a futuristic environment that will be the worlds first ever fully crypto based city with AKoin at the heart of day to day transactional life. Absolute madness but a really cool concept that we are interested in seeing, plus if it works who knows Goosed.ie might try do the same in Ireland. Imagine that.

Image result for akoin

The idea here is that consumers will be able to buy, hold and spend their AKoin directly from their smartphone.

“It brings the power back to the people and brings the security back into the currency system,” Akon explained.

“It also allows the people to utilise it in ways where they can advance themselves and not allow government to do those things that are keeping them down.”

I guess you could say like Casey Neistat, Akon is hoping to Smack That and bring crytocurrency like never before. Sorry I had to make the joke, it gives me an excuse to link the song below. So let’s all sit back enjoy the ride and wait to see if this is genius, totally mental or something in between.

Written by

Jon
Jon
Junior Editor and host of the Goosed Podcast, Jon is passionate about phones, design and everything tech. Having joined the Goosed.ie team in 2015 he now leads the entire Goosed podcast channel. Ask him about 3D printing or Disney movies. Read more by Jon.

Help Pay the Bills

Related articles

Dublin City Libraries Add Supports for Non-verbal Adults and Kids

Dublin City Libraries have introduced Communication Boards and some...

RIP.ie Charging €100 For Death Notices Really Isn’t A Big Deal

I'm in an unusual position to comment on the...

Navigating Amazon Prices Across Europe: A Guide to Saving Money

As a savvy online shopper, you're likely aware that...

Building a Gaming PC in Ireland in 2025

Two years ago I built a gaming PC. It...

Shane Collective Launches Global Web App to Empower LGBTQ+ Communities

Here at Goosed.ie, we’re always on the lookout for...

Keep Reading Goosed

Sponsored Articles