Akoin, the cryptocurrency backbone of a new master planned smart city in Senegal, is available for purchase. Akon City could be the next dream to become a reality.
"Rapper Akon's cryptocurrency Akoin, which will be a cornerstone of his planned smart city in Senegal, was listed for purchase on Wednesday on bitcoin exchange Bittrex Global," reports Chris Teale.
The vision for Akon City made news with a groundbreaking just a few months ago, complete with futuristic renderings designed to resemble African sculptures and a marketing pitch that hinges on the city's planned location on the Atlantic Coast of Africa.
"The smart city is part of a philanthropic streak for the Senegalese-born rapper, whose Akon Lighting Africa project provides solar power to 18 countries in Africa," explains Teale.
Teale also throws cold water on the whole idea, writing that "doubts remain around Akon's full vision being realized, given financial pressures and a global trend of planned smart city projects that have fallen through."
Akoin also had trouble getting o the market, according to the article, listing on Bittrex Global rather than the originally planned initial exchange offering (IEO).
FULL STORY: Cryptocurrency listed for rapper's 'Akon City' in Senegal
R&B Artist Akon Plans for $6 Billion City Built From Scratch in Senegal
Akon City would rise from farmland in Senegal, in the tradition of previous master-planned urban areas like Washington, D.C. or Canberra, with ambitions on creating a "very, very African" city with a futuristic take on technology.
700-Acre Master-Planned Community Planned in Utah
A massive development plan is taking shape for lakefront property in Vineyard, Utah—on the site of a former U.S. Steel Geneva Works facility.
200-Acre Traditional Neighborhood Development Coming to Northwest Arkansas
A local group recently completed the purchase of 200 acres near Rogers, in Benton County, Arkansas, that will become a master-planned, mixed-use neighborhood called Warren Park.
‘Forward Together’ Bus System Redesign Rolling Out in Portland
Portland is redesigning its bus system to respond to the changing patterns of the post-pandemic world—with twin goals of increasing ridership and improving equity.
Plan to Potentially Remove Downtown Milwaukee’s Interstate Faces Public Scrutiny
The public is weighing in on a suite of options for repairing, replacing, or removing Interstate 794 in downtown Milwaukee.
Can New York City Go Green Without Renewable Rikers?
New York City’s bold proposal to close the jail on Rikers Island and replace it with green infrastructure is in jeopardy. Will this compromise the city’s ambitious climate goals?
700-Acre Master-Planned Community Planned in Utah
A massive development plan is taking shape for lakefront property in Vineyard, Utah—on the site of a former U.S. Steel Geneva Works facility.
More Cities Ponder the End of Drive-Thrus
Drive-thru fast food restaurants might be a staple of American life, but several U.S. cities are actively considering prohibiting the development of new drive-thrus for the benefit of traffic safety, air quality, and congestion.
Air Pollution World’s Worst Public Health Threat, Report Says
Air pollution is more likely to take years life off the lifespan of the average human than any other external factor, according to a recent report out of the University of Chicago.
Placer County
City of Morganton
HUD's Office of Policy Development and Research
Dongguan Binhaiwan Bay Area Management Committee
City of Waukesha, WI
Los Angeles County Metropolitan Transportation Authority
Indiana Borough
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
