Akon City was a futuristic good metropolis venture, promoted by the singer Akon. It might use the cryptocurrency Akoin.
No one studying this can be stunned to listen to that Akoin was an ICO pump-and-dump which insiders offloaded the second it was listed on an alternate. Akon was the sucker in the deal.
James Palmer from Overseas Coverage heard about Akon City and thought it was a hoot. Fortuitously, there’s been enough latest information to put in writing it up — and good metropolis scams are widespread sufficient now to provide it some geopolitical relevance. So my piece has simply gone stay. [Foreign Policy]
$5-and-up patrons obtained to learn the draft of this a pair of weeks in the past!
Good metropolis scams like Akon City or Bitcoin City have a reputation: “speculative urbanisation.” See additionally Pete Howson’s book on blockchains and social improvement.
Akon performing in Rio de Janeiro on 22 September.