Rapper Akon To Create His Own Token: Akoin
After John Mcaffee launched his own cryptocurrency, another public figure (not surprisingly, still from the entertainment industry, just like Mcaffee ), decided to do the same.
Well known rapper Akon (remember "Smack That"?) announced he will create his own token, Akoin, to be used in his own city.
Akon, a Senegalese-descendant, received 20 acres of land from the Senegal president, and he plans to create some sort of a smart city there, named after him, obviously, and powered by this coin.
It's not the first utopian, smart living project backed by crypto. There is already Seasteding, by Blue Frontier, which is ICOing now for Varyon.
But this is the first project to be announced by a relevant public figure who already did something in this field, and I'm talking about his project Lighting Africa, which is bringing solar power to remote areas.
According to the same news, the token will be launched in two weeks.
Given the popularity of the issuer, we may see some interesting marketing around the event.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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I see more celebrities and public figures creating their own crypto coin to run their personal projects in the future , which to me is a good thing by decentralizing the ecosystem whereby anyone can run its own project with it own smart contract . akoin is going to be a nice crypto coin moving forward
it all seems kind of phony at first... but like they say, maybe the market has to fake it before it makes it
Looks interesting...On which blockchain Akoin token is launching Ethereum or EOS?
no idea yet, but I'm sure we'll find out soon
Adopting crypto currency or making token itself will really helpful to attract more people toward block chain and crypto currency. Thanks for sharing @dragosroua
okay fine, the question is it good for crypto or not? Or it is just way of grabbing some money ? what you say?
I think it's good, but let's see how it will work out in the long term.
Oh yeah, i do remember Smack that, the song was rocking and i hope Akcoin will rock here too!
I'll be honest, i don't think it's good for crypto when people begin to name coins after themselves
Why is that? Money is basically a form of trust, so public personas may choose to translate this trust in a tokenized form.
It does make sense if you look at it from that perspective. I was more concerned about how it could be abused and monopolized by the rich and powerful... Probably creating a worse class system than we do now
Tokenized world is coming! But limiting the use of a coin to a town/ city might be to much! it needs to be traded to gain value!
This is a great publicity stunt for his career and to maybe attract some crypto investors!
I've read something about Lighting Africa and it's a good initiative coming from a rapper. They usually buy Lambos and chains so thumbs up for Akon...and that Smack That song had some good vibe...in my opinion.
Akon is my one of the fevorite rapper... but i don't know about 'akoin' thanks @dragosroua for more information about 'akoin'
Me too but i hope it will be famous and populer day by day
Let's see what will be done after two weeks.hope it will be fine for crypto.