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R&B artist Akon reveals his cryptocurrency dubbed the Akoin

The singer-songwriter turned entrepreneur Akon has just introduced a cryptocurrency Mastercard dubbed the Akoin (AKN) as part of the artist’s crypto endeavor for this year.  

The Missouri native record producer announced the recently created card which is believed to give the African economy a helping hand in the years to come.   

Akoin extending a helping hand  

According to the token’s official website, the Akoin is a cryptocurrency fueled by a marketplace of tools and services to propel the dreams of business owners, social activists, and entrepreneurs. It was also noted that the new crypto helps these individuals to link and enter into the emerging African economies “and beyond.”  

Akon stated that a majority of young African business owners are having difficulties in putting up their dream businesses to this day. Somehow, these challenges could potentially hamper their plans as they progress.  

Further, the Akoin website stated that with 54 countries and over 40 currencies in Africa, their degree of instability varies as these are brought upon by entrepreneurial obstacles. That said, Akon’s digital token is said to provide entrepreneurs access to various business tools.  

It went on to state that the ecosystem of the cryptocurrency highlights the simulation of entrepreneurship by taking the marketplace across the continent. It mentioned this “dedicated technology” that would enable investors to trade both crypto and fiat currencies.  

Now that the Akoin card is finally out, it can now be bought on BitMart.com as the singer revealed that the newly established crypto would be venturing to notable crypto exchange platforms as well.  

The NFT game ‘Polker’  

Reports may well seem to suggest that Akon is not just into making digital currencies. It was revealed that NFTs have also piqued the interest of the artist. In line with this, back in September, he talked about the NFT game known as “Polker.” He stated that the game has got some similarities to that of a regular poker game.  

Additionally, Akon claims to have already played the NFT title as it was learned to be developed on Unreal Engine 4. He even believes that “Polker” could become one of the largest games within the realm of nonfungible tokens.   

As of writing, Akoin’s price sits at $0.170834 alongside a trading volume amounting to $128,890.

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

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Ahtesham Anis
Ahtesham Anis
Ahtesham Anis is a Computer Science undergrad student currently based out of India. Coming from the business background and his keen interest in Cryptocurrency and Blockchain technology is what Ahtesham brings to the table. He is always an eager learner when it comes to exploring the new technologies and topics in the crypto world.