Akon City, the futuristic city to run on renewable energy and the Akoin cryptocurrency, has awarded a $6 billion contract to KE International. Announced by the famous singer and producer Akon, the city should have its first two phases finished by 2029.
While most community members regarded the rumors about the futuristic-cryptocurrency themed Akon City initially as somewhat sarcastic, Akon himself made it official after finalizing the agreement earlier this year.
The Senegalese-American star plans to establish the first city to run entirely on renewable energy and cryptocurrency with his own digital currency – Akoin.
The construction of the city will occur on 2000 acres of land given to Akon from the President of Senegal. The area is near the ocean, and it’s relatively close to the new international airport in Dakar.