Active ICO : 02/07/18 – 06/08/18
Crypto-Powering Youth Entrepreneurship in Africa
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AKoin is a new cryptocurrency from visionary change maker 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. Created byGrammy-nominated, multi- platinum selling artist, producer, entrepreneur, and philanthropist Akon, who successfully founded and grew Akon Lighting Africa to provide scaled solar power solutions throughout 18 countries to date in Africa,the AKoin Ecosystem’s exclusive suite of sustainability and growth-building crypto-based apps offer immediate and ongoing new revenue generating opportunities to stimulate micro-exchanges and financial stability and while the opportunities to buy, hold, and spend Akoin to power youth entrepreneurs on the digital platform and from anywhere in the world are vast, consumers will also be able to engage with AKoin in an entirely new way when they visit the real-life Wakanda of Akon Crypto City.
Youth entrepreneurs in Africa face real hardships in creating and building businesses — problems that have hampered sustained development for too long. Global brands, likewise, face similar challenges that prevent their successful entrance and acceptance on the continent. Over half of Africa’s population today is under 25, but despite the improvements smartphone technology and the internet have brought, most still face limited access to global innovation and opportunities. Currency instability and inflation and a lack of banking services are at the heart of the African entrepreneur’s dilemma. Challenges in trade and movement of money hamper growth and the need for access to high-quality education and revenue-generating opportunities is massive.
The AKoin Ecosystem unlocks the potential of the world’s largest emerging economy through the creation of a stable currency and innovative, revenue- generating opportunities that stimulate and support youth entrepreneurship, economic stability, and growth across Africa and the world.
AKoin is the exclusive currency of the AKoin Ecosystem. Our model is unique as we strive to create a stable currency for the people of Africa, and our platform has been build to reflect this value:
– Coin pegged to a stable asset (AKoin cryptocurrency price based on hard assets, including mobile minutes)
– Offers low currency volatility (AKoin economics includes stabilization of the coin for low volatility)
– Currency earning / cash-out (AKoin DApp earning with Corner Market, Bank and FI’s cash in-out)
– Currency spending (AKoin rapid growth / stable value creates growing local vendor acceptance)