A year ago, reporters revealed early designs for the cutting edge city. The venture predicts a “100% crypto-based city with Akoin at the focal point of value-based life.” The city would turn into Senegal’s first Leadership in Energy and Environmental Design (LEED)- ensured city. It is determined to a 2,000-section of land package skilled by the Senegalese president.

Reports indicate Mbodience, a short drive from Senegal’s new global air terminal, as the land being referred to. A week ago, the 45-year-old business visionary marked a “notice of comprehension” with SAPCO, Senegal’s state-possessed the travel industry division

As per a meeting from November on radio broadcast Power 106, Akon City is a long haul undertaking. “It’s a 10-year building block so we’re doing it in stages. We started construction in March [2019] and stage two is going to be 2025,” Akon said. 

The Akoin as Africa’s future

But the Akoin, according to its web site, will soon launch its beta platform. It’s the foundation of the Akoin team’s three-part vision to empower “rising entrepreneurs with digital and real life tools and services; and enabling brands to unlock the power of Africa’s rising economy.”

Cointelegraph reached out to the Consulate General of Senegal, which had yet to receive legal documents on Akon City at press time. 

Akon may not be alone as a pro-Africa crypto mogul. Although Twitter and Square CEO Jack Dorsey has been mum on Akoin, he views Africa broadly as the cryptospheric future. Cointelegraph reported last year that Dorsey, who has pledged integration of Bitcoin into both Twitter and Square, attended a Bitcoin meetup in Nigeria. He said, “Africa will define the future (especially the bitcoin one!).”

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