Akon launches Akoin: To add to the list of celebrities that have been entering the cryptocurrency market, singer Akon has announced that he has launched his own cryptocurrency called Akoin.
Akon Launches Akoin: Cannes Lions 2018
Akon announced his new coin Akoin at the Cannes Lions 2018 ‘Blockchain, Entrepreneurship and Empowering the Future’ panel on Saturday, June 18th.
Leading up the event, Akon tweeted about his upcoming stint at on the panel.
I’ll be speaking at @Cannes_Lions[1] today on “Blockchain, Entrepreneurship and Empowering the Future…Come check it out at 3:30 on the Interactive Stage! #CannesLions[2] #Akoin[3]#Blockchain[4] #Entrepreneurship[5] #Lottery[6].com
— AKON (@Akon) June 18, 2018[7]
Cannes Lions, which is said to be “the world’s biggest get-together of people interested in creativity” according to the group’s Twitter, posted a quote from Akon’s panel onto their Twitter:
We absolutely love this quote from @Akon from the Interactive Stage… He’s been talking about branding Africa and his many projects at #CannesLions this afternoon! pic.twitter.com/buWOPPy62m[8][9][10]
— Cannes Lions (@Cannes_Lions) June 18, 2018[11]
Akon’s Akoin
The singer’s new cryptocurrency Akoin is meant to help Akon’s Lighting Africa initiative, which works to improve living conditions by providing electricity and solar energy to households in Africa.
During the panel Akon said he “[thinks] that blockchain and crypto could be the savior for Africa in many ways because it brings the power back to the people and brings the security back into the currency system and also allows the people to utilize it in ways where they can advance
