1. Home
  2. Akon

Akon

R&B Artist Akon Tells Fans Not to Request Crypto-Related Messages

<div>R&B Artist Akon Tells Fans Not to Request Crypto-Related Messages</div>Award-winning musician Akon recently pleaded with his fans on a video-sharing website not to request him to record crypto-related messages. However, in a post on the website, the music producer did not share reasons for his newfound disinterest in cryptocurrencies. Singer Unwilling to Endorse Crypto A few years after promoting the futuristic, Wakanda-style city in […]

Bitcoin back to $90K next? Traders diverge on BTC price pullback odds

Tron Founder Justin Sun, Soulja Boy, and Austin Mahone Summoned by SEC in Crypto Asset Case

Tron Founder Justin Sun, Soulja Boy, and Austin Mahone Summoned by SEC in Crypto Asset CaseCourt documents reveal that Justin Sun, Tron’s founder, has been sent a summons from the U.S. Securities and Exchange Commission (SEC) regarding the civil complaint filed against him last month. Youtuber Austin Mahone and rapper Soulja Boy, whose real name is DeAndre Cortez Way, have also been summoned. The SEC accuses Sun of orchestrating an […]

Bitcoin back to $90K next? Traders diverge on BTC price pullback odds

Report: R&B Artist Akon Denies Claims His Crypto City Dream Is Crumbling

<div>Report: R&B Artist Akon Denies Claims His Crypto City Dream Is Crumbling</div>Senegalese-American artist, Akon, reportedly reassured participants in his so-called token of appreciation (TOA) that they will be reimbursed for donations. To back this promise, the singer reportedly claimed he is even willing to do “a world tour just to pay them all back.” Akon, however, conceded during an interview that he should “have gotten more […]

Bitcoin back to $90K next? Traders diverge on BTC price pullback odds

Senegalese locals left disillusioned by lack of progress on Akon City

Akon City, the ambitious ideas for a pan-African crypto-powered smart city in Senegal from rapper Akon, has not progressed past the laying of a ceremonial stone in 12 months.

While originally spruiked as a futuristic city inspired by the Marvel movie Black Panther that would emerge as a “beacon of innovation and human development” and bolster the West African and Senegalese economies by Akon in 2018, there are few signs of the city’s development beyond a ceremonial stone that was laid in a field near Mbodiene 12 months ago.

According to a report from Agence France-Press, the project has not progressed beyond the stone’s erection, with a small placard promoting Akon City having since fallen from its perch on top of the block.

Akon had predicted that the city would boast a police station, waste center, solar power plant, shopping center, hospital and school by 2024, anticipating the project would be completed in its entirety by 2030.

Senegalese locals appear to be growing increasingly skeptical of the Akon City — the vision for a $6 billion Pan-African “smart city” boasting a crypto-powered economy located near the Senegalese village of Mbodiene that was articulated by popular musician and producer, Akon.

Akon City ceremonial stone: AFP

The report cites Mbiodene locals who had high hopes for a surge in employment and economic activity who now know little of why Akon City’s development has stalled. 35-year-old local, Jules Thiamane, stated:

“They laid the foundation stone with a lot of speeches and promises. Compared to everything that was announced, I don’t think we have seen much yet.”

Not everyone has given up on Akon City however, with the president of the Mbodiene village youth association, David Seck Sene, stating: “I still have hope. I don’t see how a project like this could stop tomorrow.”

Philomene Bamimba, head of a local women’s association emphasized the economic benefits the city’s construction could bring for Mbodiene, “This is big for us,” she said.

Paul Martin of the U.S-based engineering firm KE International — the company that won the contract to construct Akon City — asserted that more than $4 billion in funding has been raised toward the project.

Martin revealed that Kenyan entrepreneur Julius Mwale is the project’s lead investor. predicting construction will commence in October after the development of another Mwale-funded city has been completed in Kenya.

Related: Akon to build second African crypto-city in Uganda

Martin added that the first 12 months of work on Akon City comprised “planning, approvals, procurement and recruitment of subcontractors.”

According to The World Bank, more than one-third of Senegal’s 16 million population currently live below the poverty line.

Bitcoin back to $90K next? Traders diverge on BTC price pullback odds

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by AkonThe Play-to-Earn NFT based Polker.Game‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play […]

Bitcoin back to $90K next? Traders diverge on BTC price pullback odds

Music Mogul Akon Working With Two African Nations To Build Crypto-Powered Cities

Senegalese-American musician Akon is on an ambitious mission to build crypto-powered cities both in Senegal and Uganda. According to the Washington Post, Uganda’s urban development minister Isaac Musumba has committed to giving Akon land measuring at least one square mile on which the Grammy-nominated singer will build a smart city. The project is the second […]

The post Music Mogul Akon Working With Two African Nations To Build Crypto-Powered Cities appeared first on The Daily Hodl.

Bitcoin back to $90K next? Traders diverge on BTC price pullback odds