Akon took to Instagram to reveal that his AKOIN cryptocurrency card, which will allow consumers with crypto wallets to spend their money in stores that accept MasterCard.
On Wednesday (November 24), Akon wrote, “It’s Done. The official AKOIN Card!!! Which allows you to now spend your AKOIN (AKN) where ever master card is excepted. I’m sure you can’t freely spend your crypto in any of your favorite stores right? Well you can with AKOIN (AKN) so grab yours now on BitMart.com before we expand to the major exchanges."
This comes after Akon revealed that AKOIN would be the official currency of the solar-powered and environmentally friendly city he is building in Senegal, which is aptly named "Akon City." He is currently in Phase 1 of building the city after receiving a $6 billion dollar construction grant from United States-based consulting and engineering firm KE International last year in June. The three-phase construction plan is expected to be completed by the year 2030.