Akon is merging the world of crypto with the music scene, announcing that his next album will be sold as a non-fungible token (NFT) , Esquire reports. “Throughout my career, I have always believed that artists never really got their fair share of the profits for the work they produced and people listen to,” Akon told Esquire. “So with the idea of owning a piece of digital art, via an NFT, it allows the creator to benefit more and actually get more of the pie.” While his plans further affirm cryptocurrency’s ability to allow artists to maximize earnings from their content, it appears profit is not the only interest to Akon as he cites the NFT drop will allow for transparency and access to information from album buyers. “ My next album is going to be an NFT album. With that, I’ll be able to monetize it from the day it drops on every platform that exists. What that means is that it opens the door to full transparency where your music is being played, who’s playing it, where they’re...
Akon is staying busy with his blockchain-powered cryptocurrency Akoin. As AfroTech previously told you, the currency was created to encourage learning, earning, spending and savings opportunities throughout Africa that is said to expand into other economies. The platform provides a solution to the current challenges faced by entrepreneurs such as inflation, limited access to business tools and services, and restricted government regulation, among others. Now Akon is finding new ways to leverage the continent’s economy through a newly launched cryptocurrency card that can reportedly be used anywhere where MasterCard is accepted. “It’s Done. The official AKOIN Card!!! Which allows you to now spend your AKOIN (AKN) were ever master card is excepted. I’m sure you can’t freely spend your crypto in any of your favorite stores right? Well you can with AKOIN (AKN) so grab yours now on BitMart.com before we expand to the major exchanges,” Akon said in an announcement made via Instagram....
When TikTok star Khaby Lame first got started on the social media app in March 2020, he was working at a factory in Chivasso, Italy, a small town located in the Turn district. Then, without warning, he was fired, forcing him to return to his family’s “modest home.” But, as the Senegalese sensation told The New York Times, he chose to pivot his attention to TikTok on a full-time basis instead of getting a so-called “real job,” and it was the best decision he’d ever made. “It’s my face and my expressions which make people laugh,” he said to the outlet, while adding that his muted expressions are a “universal language.” Whether you understand what he’s saying or not, Lame definitely found a winning formula. He’s almost at 100 million followers on the micro-video app, and one site reports that someone like him can charge anywhere from $1 million to $2 million per post thanks to his dedicated, engaged following. @khaby.lame I have to read and you disturb me.🤨(Ps: Guys don’t try this at...
Senegalese-American musician and rapper Akon, outside of music, is known for his dedication to moving Africa into the age of cryptocurrency. Now, he’s looking to build his own self-named futuristic city powered by his accompanying cryptocurrency, Akoin. His pitch for the development plans, which will take about ten years, includes making the city the first LEED-certified project in Africa and tourism city co-developed by SAPCO, Archpaper reports . The futuristic “Akon City” is expected to have sculptural, interlocking towers, a large manmade lake, and promenade, in addition to residential and commercial areas built. According to Business Insider , Akon has hopes of transforming his native country and restoring power by introducing cryptocurrency and blockchain technology. Back in January, he announced that he finalized a deal to build 2,000-acre “Akon City,” which he also referenced as “Wakanda.” Just finalized the agreement for AKON CITY in Senegal. Looking forward to hosting you...
Headlines are sweeping with coronavirus concerns, cancellations, and precautions. While people are self-quarantining for their own safety, Senegal is taking the lead on providing rapid diagnostic tests for the virus. CNN reported that Senegal has partnered with a U.K.-based laboratory called Mologic to develop hand-held tests for coronavirus that produces results in only ten minutes. “This will be the first handheld diagnostic kit collaboratively developed in the UK and jointly manufactured in Africa,” Mologic said in a statement . They also shared in their statement that these rapid tests will be especially beneficial in low-income countries where accuracy for testing has proven to be a challenge. “Rapid detection of the virus is important to stop its spread — we are pleased that the UK government has acknowledged this, supporting Mologic and the work of our partners to prevent further outbreaks internationally,” Mologic Medical Director Joe Fitchett said. CNN also reported the...