Akon Set To Launch His Own Cryptocurrency Named Akoin
Akon is looking to expand his resume. The R&B-rooted Senegalese artist is launching his own cryptocurrency called Akoin that will be available for sale in two weeks.
The venture will reportedly propel Akon’s Lighting Africa initiative, which aims to improve the country’s living conditions through the use of renewable energy. Akon spoke about his cryptocurrency during a panel at Cannes Lions 2018.
“I think that blockchain and crypto could be the savior for Africa in many ways because it brings the power back to the people and brings the security back into the currency system and also allows the people to utilize it in ways where they can advance themselves and not allow government to do those things that are keeping them down,” he explained during a panel.
Way to go Akon. Congratulations!
— Cannes Lions (@Cannes_Lions) June 18, 2018