The much-talked-about cryptocurrency and digital ecosystem developed by Akon-Akoin-has been launched in 9 African countries plus the United States. These African countries are Burundi, the Central African Republic, Egypt, Ethiopia, Guinea, Guinea-Bissau, Mali, Tunisia, and Uganda.
Akoin which was created to improve social opportunities and access for African entrepreneurs will be traded on the cryptocurrency exchange BitMart and transactions will be made via PayPal, Paxful, and Apple Pay.
The Akoin Ecosystem provides token holders with access to a wide range of decentralized apps (DApps) and apps, and tools for entrepreneurs to connect, engage and scale business in regions such as Africa, while providing a positive social impact to their communities.
Jon Karas, president and co-founder of Akoin, said the listing was an important step for the business.
“BitMart enables us to offer Akoin to a much larger number of people, including those in the United States and more broadly across Africa, which has been a goal for us. Listing on BitMart also creates more global awareness and liquidity for the Akoin token while bringing us even closer to realizing our vision of bringing greater opportunity and social connectedness to rising entrepreneurs who want to build, grow and develop their own businesses.”
Akon first announced his plans to launched crypto back in 2018 that will also be used as the local currency in Akon City in a 2,000-acre development in Senegal.
He said back then “I think that blockchain and crypto could be the saviour 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 themselves and not allow the government to do those things that are keeping them down.”
The price of Akoin (AKN) according to Coinmarketcap is 0.2656 and its all-time high was $0.58. It has a 24-hour trading volume of $141,887.
