Akoin, the cryptocurrency developed by renowned popstar Akon to improve social opportunities and access for African entrepreneurs, has announced its premier listing on crypto exchange Bittrex, as per a release shared with CryptoSlate.
Akoin, based on the Stellar network, will launch on Bittrex on November 11, allowing users to trade and transact using the token.
The Akoin project is a blockchain platform led by global artist Akon, who is in turn committed to bringing a trusted digital currency to countries within Africa that suffer from weak and over-inflated fiat currencies that prevent citizens from accessing financial services.
As per the release, the Akoin Ecosystem will provide token holders with access to a wide range of decentralized apps and apps, and tools for entrepreneurs to connect, engage and scale business in regions such as Africa, while providing a positive social impact to their communities.
"Having Akoin listed on a top exchange creates global awareness and liquidity for the Akoin token while bringing us even closer to realizing our vision of bringing greater opportunity and social connectedness to people across Africa who want to build, grow and develop their own businesses."
"Leveraging financial tools to help those without access to banking and credit is still one of the biggest unrealized promises from the blockchain. We're incredibly excited about the long-awaited launch of Akoin."
As reported earlier by CryptoSlate, Akoin is already driving major global partnerships forward which will bring massive utility to the Akoin Token.
Earlier this year, Akoin announced that its native token will be the main currency and central payment platform for the upcoming Mwale Medical and Technology City in western Kenya, primed to be used by the city's residents, workers, and growing businesses.
Akoin is also establishing UN-backed Akoin Effect Opportunity Hubs in parts of Africa to allow young people to earn while they learn, focused on Blockchain and AI-based education opportunities.
Now with a Bittrex listing, the Akoin project seems to be just getting started.
Akon's social ecosystem cryptocurrency 'Akoin' will begin trading on Bittrex on November 11
Published on Oct 22, 2020
by Cryptoslate | Published on Coinage
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