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Akon

Platinum-selling performer has revealed plans to create his own online cryptocurrency. 

Using his own named as inspiration, the new currency has been dubbed AKoin. 

Speaking at the Cannes Lions International Festival of Creativity's panel titled Branding Africa: Blockchain, Entrepreneurship and Empowering the Future, PageSix’s coverage reported that Akon said cryptocurrency could be 'the saviour for Africa.'

 

A post shared by AKON (@akon) on

He cited blockchain technology and cryptocurrency's high security factor and lack of governmental involvement could allow people to get ahead. 

According to ICO Impact Group, the innovation is:

'A new cryptocurrency from visionary changemaker Akon and is the foundation of the AKoin Ecosystem — a unique global project that offers an abundance of digital and in-real-life platforms and experiences that create opportunity and inclusion for youth entrepreneurs by allowing consumers to buy, hold, and spend cryptocurrency right from their smartphone through a suite of blockchain-powered apps.

 

A post shared by AKON (@akon) on

There are also plans for a highly ambition project involving the currency – a completely crypto-currency city, based in Senegal. 

'Already in development, Akon Crypto City is the first of its kind, 100% crypto-based city with AKoin at the center of transactional life. This futuristic city, built on 2,000 acres of land gifted to Akon from the President of Senegal, is within 5 minutes of the new international airport, close to the coast and a short drive from Dakar, the capital city of Senegal (Akon’s homeland). 

'Akon Crypto City blends leading Smart City planning designs with a blank canvas for cryptonizing our daily human and business exchanges, with the goal of inventing a radical new way of existence.'  

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While his family have rallied around him following his hospitalisation this week, much speculation has been made as to the impact the Kardashians have had on Kanye West's health.

Reflecting on the supposed pitfalls which have befallen men who have married into the family, some social media outlets have suggested that Kanye's decline in health was inevitable after becoming part of the Kardashian family.

And apparently rapper, Akon, is actually with them on this one.

"I actually thought about that, because at first it was a big joke to everybody," he said, according to TMZ.

"But in Africa there have always been sayings that sometimes you can’t deny what you see, but often times the eye may deceive you too." he said.

Acknowledging that the theory that the family are cursed sounds bizarre to many, Akon continued:  "It’s hard to comment on something like that as much as the evidence may show you that that’s possible, you don’t wanna discredit it as it may just be bad luck."

While the Right Now singer was understandably reluctant to say too much on the subject, he did add: " I wouldn't deny it but I wouldn't promote it either. When you think about it, the evidence all points to it."

Kanye abruptly cancelled his tour before being hospitalised at the beginning of the week.

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SHEmazing! TV is here to deliver your round-up of all the Showbiz News.

Today’s highlights include:

  • Is The Office coming back to our screens?
  • Katie Price gives the first glimpse at her new baby
  • What do Chris O’Dowd and Richard Gere have in common?
  • Akon gives Jay Z and Beyonce marriage advice
  • Kim Kardashian legally changed her name

Emma Power reports

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Rapper Akon is being sued for not paying his lighting contractors. He’s so hardore….

According to reports, Southern Electric Company are claiming that they never got paid for the work they did on his Atlanta house on November 14th 2013. The company say they are still owed more than $95,000.00.

SEC say the Smack That hitmaker never paid for “labour and materials” used for renovations. Ironically, the R&B star has launched a campaign, Akon Lighting Africa, to provide electricity to one million households in Africa by the end of the year – he might want to pay his own bill first.

However, poor Akon’s troubles don’t just end with the electricity company. The rapper is also being chased for failing to show up at a birthday party organised by Australian entrepreneur Patrick Grove, even though he had been paid $150,000.00.

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