User:Adjoajo/akoin

The Akoin (AKN) is a cryptocurrency launched by Akon born Aliaune Damala Badara Akon Thiam, the Senegalese America rapper, R&B singer in 2017. Akon is the co-founder and Chairman of Akoin along with Jon Karas and Lynn Lisa.

History
The Akoin cryptocurrency is traded on Bittrex Global crypto exchange on November 11, 2020. Akoin cryptocurrency is planned to be used as currency for his $6 billion futuristic city that will be built in Senegal. The Akoin is used for payments in Kenya by the Mwale Medical and Technology City (MMTC). The Akoin (AKN) is used by the Mwale Medical and Technology City in Kenya as a test project. The Medical facility is a $2 billion dollar medical facility. The Akoin crypto has been made available to 5,000 hospital workers, 2,000 merchants, and to the residents of the Mwale Medical and Technology City. It is used for payroll The Akoin (AKN) uses Stellar (payment network) blockchain technology that can transfer cryptocurrency to fiat currency. The Stellar Consensus Protocol (SCP) does not have the energy requirement of Proof-of-Work (PoW) based coins.

The Stellar network does not use the typical staking or mining that one used wot. The Stellar Consensus Protocol (SCP) which does not have the energy requirement of Proof of work (PoW) based coins.

March 30, 2021 - Reddit, announced that the Akoin will be available on Uniswap.

April 1, 2021 - the Akon team partnered with Taqo.io to create AkoinNFT a Non-fungible token. AkoinNFT a service for artists around the world with services for creation, design, minting, and a distribution platform.

April 2, 2021 - Akon and investors went to Uganda to meet with President Yoweri Museveni to discuss investment opportunities.

African countries that are NOT allowed to purchase Akoin on Bittrex Global due to regulations are Burundi, Central African Republic, Democratic Republic of the Congo, Ivory Coast, Egypt, Eritrea, Ethiopia, Ghana, Guinea, Guinea-Bissau, Libya, Mali, Sudan, South Sudan, Tunisia, Uganda, and Zimbabwe.

Akoin Ecosystem
Interconnected channels - designed to contact entrepreneur of rising economies with tools, resources, and to empower local communities.
 * Akoin Token
 * Market Place
 * Akon City, Senegal
 * Partner Accelerator
 * Atomic Swap - An automated token exchange that allows the Akoin to be compatible with other blockchain networks. To be able to trade the Akoin between major cryptocurrencies.
 * Opportunity Hub

DApp
Decentralized applications
 * DApp Akoin Marketplace current and future partners & services
 * Bitminutes
 * UNL - The Internet of Places platform a digital addressing & location based service
 * Akon City
 * Mwale Medical and Technology City
 * Jeev Healthcare - formerly jeev technologies. Jeev Healthcare uses smart devices for self-care and remote healthcare solutions
 * Sense Chat
 * Micro Lending
 * Micro Raffles
 * Crowdfunding
 * Utility
 * Land Rights

Akoin Wallet
The Akoin is a Multi-Currency digital wallet. It is universal. It lets the user store, send, and receive major crypto-digital assets in the market. The wallet can work with DApp or a traditional platform application. It operates a decentralized exchange (DEX). Whereas a third-party intermediary does not handle the tokens during the Atomic swap process.