Believes formula could make cryptocurrency mining sustainable in city of plattsburgh. A cryptocurrency that will also be the local currency in akon city a 2000 acre development in senegal.
Akon Finalizes Deal To Build A Cryptocurrency City In Senegal
While some other coins have promised but failed to upend the system of fiat currencies the.
Cryptocurrency city. Akon city could become a medical hub. Technical specifications for the cryptocurrency havent yet been released but it will likely be based on the stellar blockchain. On january 13 pop singer akon confirmed via tweet that his 2000 acre cryptocurrency powered city in senegal would soon break ground.
Inhabitants will buy goods and services using akons own cryptocurrency akoins which will form the basis of akon citys economy. Powering akon city is cryptocurrency akoin. This project is innovative in more ways than one.
The city will exclusively. Akon city a futuristic cryptocurrency themed city founded by music mogul akon is ready to begin construction in senegal after securing 4 billion from investors. A futuristic city created by an international icon that is so accessible to the world will surely make for a prime tourist destination.
Aimed to be used in africa akoin is a utility token that can be used for among other things swap cryptocurrencies and even mobile phone credits an. A major satellite city in south korea seongnam is preparing to expand its existing blockchain powered payment program by issuing new digital gift certificates. Akon city a futuristic cryptocurrency themed city founded by famous singer akon is ready to begin construction with a plan to use the akoin cryptocurrency exclusively.
Likewise the exact launch date for the cryptocurrency is still up in the air but the month of july was recently touted as the potential launch date. The project was first announced in 2018 and the smart city. Phase one of akon city.
Reports suggest the first phase will be completed by 2023 with a second phase finishing in 2029 by which point the city is expected to be up and running. In order to insulate the new city from political turmoil and volatile economic practices the entire city will be run on cryptocurrency.
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