Senegalese superstar, Akon is thinking beyond his music career and you wouldn’t believe it if someone told you about his plans to build a futuristic city in his own home country.
Apart from being one of the most successful music exports from Africa, Akon is putting his entrepreneurial skills to good use and hopes to build a futuristic crypto-based city in Senegal named after himself.
The ‘Wakanda’ like city could be a dream come true for many. Akon announced the news last June on Nick Cannon’s radio show Power 106 Los Angeles that he was working on building a “100% crypto-based city” and the project is now officially under way.
The construction of ‘Akon city’ has already started and everyone is totally anxious to see how far the project is willing to go with pictures of what it may look like circulating across the web.
Apart from that, Akon has his own cryptocurrency AKoin which he launched recently and has also vowed to bring electricity to over 600 million people in Africa with his charity project Akon Lighting Africa which according to a statement has provided “scaled solar power solutions throughout 18 countries to date in Africa.’’
Akon is working on building a “100% crypto-based city” that looks like Wakanda!
According to reports, the Wakanda like city is supposed to be focused on renewable energy, with solar energy as its primary source of power. The city is also intended to be a “100% crypto-based city with AKoin at the center of transactional life” according to statement.
The singer, who has previously said he would consider running for President of the United States, told Cannon, “It’s Akon City. It’s all renewable, the Akon-tainment solar city. A real physical place, it’s going to have a real airport.”
“It’s a 10-year building block so we’re doing it in stages. We started construction in March and stage two is going to be 2025,” Akon continued.
The city is based in Senegal and after Cannon hinted that it would take a billionaire to build an entire city, Akon criticised the term. The singer, who also owns two record labels on top of running his charity Akon Lighting Africa, said, “I always felt like if you have to label yourself a billionaire, I don’t think billionaires even label themselves billionaires. You know, you have no idea. But the crazy part about it though, when I hear stuff like that it makes me sad.”
“When I travel, I see so many things that happen – so many people that need assistance and so many things that just need to be resolved – and if you can have a billion dollars sitting in the bank while you have all these people suffering and struggling? Man, it’s just crazy,” he said.
“It’s like a waste of a billion dollars sitting there, literally,” Akon continued.
Akon told Cannon that he was in the “impact business” and added that he wanted to “build a legacy.” According to a statement about AKoin, the city will be built on “2,000 acres of land gifted to Akon from the President of Senegal” and will be a five minute drive to the airport, plus nearby Dakar.
He also said he hoped that AKoin would take off on an international level, saying that it was the project he was “most excited about personally” rather than his namesake city. He said, “You might just go to vacation and when you transfer your American dollars into their money, you might just be transferring it into AKoins. That’s the goal.”
Page Six reported that at an appearance last June, Akon talked further about cryptocurrency and AKoin. Saying that blockchain and crypto “could be the saviour for Africa in many ways”, he responded to technical questions about the blockchain with, “I come with the concepts and let the geeks figure it out.”
According to Arabian Business, the Senegalese star also appeared at the Sharjah Entrepreneurship Festival and criticised other celebrities for what he perceived as badly thought out moves into cryptocurrency.
He said, “I think a lot of the entertainers went with the wave and also the hype of cryptocurrency, not understanding what it was or what it is and I think a lot of them got caught up into the companies that got eventually folded or were scams.”
“That’s just a lack of education in getting into certain things because as an entertainer you find yourself endorsing a lot of products that you don’t do due diligence on,” he finished.
Source: Standard UK
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Author: Allan Bangirana
Allan Bangirana is a freelance writer for Newslibre & Spur Magazine. He is passionate about tech, games and occasionally writes about entertainment, lifestyle and so much more.