Akon City: $6 Billion Cryptocurrency City To Begin Construction

Akon City, $6 billion cryptocurrency city to begin construction. A $6 billion construction contract has been awarded to build Akon City in Senegal, Africa.

Senegalese-American singer, businessman, and philanthropist Akon is building a futuristic-cryptocurrency theme city named after himself. Akon City awarded the contract for the construction and execution of the city to KE International, a consultancy and engineering firm based in the United States.

The city’s Phase 1 is expected to complete before the end of 2023, and they should be starting the construction of roads, along with a Hamptons Hospital campus, a Hamptons Mall, residences, hotels, a police station, a school, a waste facility, and a solar power plant.

Phase 2 will run from 2024 to 2029 and will end with a complete cryptocurrency city running exclusively on AKOIN cryptocurrency. Akon City is located on 2,000 acres near the ocean, less than an hour’s drive south of the new international airport in Dakar.

The St. Louis native plans on running the whole city he is planning on renewable energy sources. Akon says he will use his cryptocurrency, ‘AKoin” to build the city’s economy. The Grammy-nominated singer originally announced his plans for a futuristic city that would be built on the land that was gifted to him by Senegal’s President Macky Sall, last year.

[image: Rap Up]

bitcoin
Bitcoin (BTC) $ 48,485.00 1.79%
ethereum
Ethereum (ETH) $ 3,481.06 0.29%
cardano
Cardano (ADA) $ 2.39 0.79%
tether
Tether (USDT) $ 1.00 0.02%
binance-coin
Binance Coin (BNB) $ 416.28 0.88%
xrp
XRP (XRP) $ 1.08 1.24%
solana
Solana (SOL) $ 162.97 12.78%
polkadot
Polkadot (DOT) $ 35.19 3.17%
dogecoin
Dogecoin (DOGE) $ 0.243223 0.55%
usd-coin
USD Coin (USDC) $ 0.999774 0.29%
S&P 500  ^GSPC 
$4,432.99  $40.76  (-0.91%)
Dow Jones Industrial Average  ^DJI 
$34,584.88  $166.44  (-0.48%)
NASDAQ Composite  ^IXIC 
$15,043.97  $137.96  (-0.91%)
Russell 2000  ^RUT 
$2,236.87  $3.96  (0.18%)
Crude Oil Oct 21  F*CL.NYM 
$71.82  $0.5500  (-0.76%)
   
$0.0000  $0.0000  (0.00%)