The Senegalese hip-hop star and entrepreneur has now announced that he has“just finalized the agreement for AKON CITY in Senegal”. Just to add more meat to his claim, he also posted an image of himself with the country’s president holding a bunch of official-looking files, presumably containing the signed papers for the aforementioned Akon City.
Do note that Akon and his backers are yet to publish any whitepaper on the proposed cryptocurrency, which makes it well-nigh impossible to know what we’re looking at. Given the steady stream offailed and fraudulent ICOs(Initial Coin Offerings) over the past few years, it will be best to take the entire Akon City hype with a pinch of salt until we see something more concrete in the days to come.
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