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Author Topic: Akon talks about bitcoin and his own coin  (Read 454 times)
pawanjain
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September 29, 2019, 05:08:02 PM
 #41

So.. if I found the right website, Akon is creating his own coin, Akoin. From their website[1]: "AKOIN IS THE EXCLUSIVE CURRENCY OF THE AKOIN ECOSYSTEM". Great, another unnecessary coin. I'm not saying that Akon is a bad person, but if he really wanted to help, pretty much every use-case indicated on their website can already be done using BTC and ETH. I'm guessing that some people just proposed this idea to Akon and asked for permission to use his name. Pretty much the same with Manny Pacquiao's PAC token.

[1] https://www.akoin.io/
Agree with you. I was feeling happy as I was reading through the post just when I read the line that Akon has created his coin.
All the happiness was gone because I knew that the coin won't be of any use for obvious reasons. Obviously Akon is a good person and I respect him for what he has done. But he could have simply used the existing coins instead of creating a new coin of no unique usecase.

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Lalafell
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September 29, 2019, 05:38:15 PM
 #42

Akon, popular personality who is known to the world through his songs and music now opens about the needs of bitcoin and briefs more about it on an interview to the Breakfast Club Power 105.1 FM. That's really interesting to watch his interview where he gives clear answers with comparison to the dollar. Here's the link to the video https://youtu.be/HERTlVMd1QI

He's praised a king by African people. He has turned himself to be an entrepreneur, and he'll do good to Africa with cryptocurrency which might enrich the usage and adoption of bitcoin. Even now there is good acceptance for bitcoin in Africa, and what he has initiated through his own coin could make more popular people get into cryptocurrency network.
As of now, there are much higher number, hundreds and thousands of altcoins today, in which some are based on personalities, some are being created because of good programming skills. Akon's main topic is about bitcoin, Akon starts to give a meaningful words that can help the listener on how transaction using bitcoin is much easier and safer. Akon discuss some advantages and how he handles the cryptos.
Willitivity
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September 29, 2019, 10:07:09 PM
 #43

Akon is undoubtedly one of the most celebrated African acts with worldwide recognition as well. Seeing such personality rallying support for Bitcoin is truly something to be happy for and at the same time strengthens the faith of people in crytpos. Anyways, reading up on the Akoin project, am pretty neutral on that. Depending on how this works out, we can only wait and see how well it goes.
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September 30, 2019, 07:53:01 AM
 #44

So.. if I found the right website, Akon is creating his own coin, Akoin. From their website[1]: "AKOIN IS THE EXCLUSIVE CURRENCY OF THE AKOIN ECOSYSTEM". Great, another unnecessary coin. I'm not saying that Akon is a bad person, but if he really wanted to help, pretty much every use-case indicated on their website can already be done using BTC and ETH. I'm guessing that some people just proposed this idea to Akon and asked for permission to use his name. Pretty much the same with Manny Pacquiao's PAC token.

[1] https://www.akoin.io/
Agreed, already there were more coins based on personalities. Some even created by them as they're good at programming. There needs to be some use case that is unique to get good value to the project and the coin. Here the coin might get popularity as it is named based on his name, but when it comes to use case and growth it won't attract good investors choose it.

My daughters name is Aubrey. Her nickname is Aubs. I am going to create and Aubry Coin. A coin that no one has ever seen before. It will have smart contracts, and a thing called Staking and the best part is the abreviations will be A.U.B.S lmao. Jk guys come on I agree, what is so special that would make Akoins use case diffrent from any other coin? Sounds to my like a pump and dump scam. Just because a celebrities name is in it does not make the coin special. If anything anyone that has been in the crypto industry for more then 3 months know the Longer ROI is going to be somewhere in the -3 to 5000% range... Smh

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Dread Pirate Roberts
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September 30, 2019, 12:17:26 PM
 #45

So.. if I found the right website, Akon is creating his own coin, Akoin. From their website[1]: "AKOIN IS THE EXCLUSIVE CURRENCY OF THE AKOIN ECOSYSTEM". Great, another unnecessary coin. I'm not saying that Akon is a bad person, but if he really wanted to help, pretty much every use-case indicated on their website can already be done using BTC and ETH. I'm guessing that some people just proposed this idea to Akon and asked for permission to use his name. Pretty much the same with Manny Pacquiao's PAC token.

[1] https://www.akoin.io/
Agreed, already there were more coins based on personalities. Some even created by them as they're good at programming. There needs to be some use case that is unique to get good value to the project and the coin. Here the coin might get popularity as it is named based on his name, but when it comes to use case and growth it won't attract good investors choose it.
what is so special that would make Akoins use case diffrent from any other coin? Sounds to my like a pump and dump scam. Just because a celebrities name is in it does not make the coin special. If anything anyone that has been in the crypto industry for more then 3 months know the Longer ROI is going to be somewhere in the -3 to 5000% range... Smh


To be honest the vision and mission of this Akoin is very good. if you read again on the website akoin.io it is on 'The Akoin Ecosystem unlocks the potential of the world's largest emerging economy through the creation of a trusted cryptocurrency with a vision to stimulate and innovate, revenue-generating opportunities that support and empower youth entrepreneurs, economic stability, and growth across Africa and the world.

he planned the crypto ecosystem in Africa. it's really good if it's really realized. Apart from the thought of investors who want to take advantage it's another matter. if the project is successful I think the price will also rise.
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September 30, 2019, 04:07:24 PM
 #46

Akon, popular personality who is known to the world through his songs and music now opens about the needs of bitcoin and briefs more about it on an interview to the Breakfast Club Power 105.1 FM. That's really interesting to watch his interview where he gives clear answers with comparison to the dollar. Here's the link to the video https://youtu.be/HERTlVMd1QI

He's praised a king by African people. He has turned himself to be an entrepreneur, and he'll do good to Africa with cryptocurrency which might enrich the usage and adoption of bitcoin. Even now there is good acceptance for bitcoin in Africa, and what he has initiated through his own coin could make more popular people get into cryptocurrency network.

Well, everybody knows bitcoin is better than USD, Euro, and British Pounds. My question is why AKON never talked about bitcoin in the past until now? Perhaps, AKON is trying to promote his shitcoin in the name of bitcoin. If AKON truly likes bitcoin why AKOIN???

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