Akoin (AKN)

 Basics

• Founded in: 2018
• Mainnet release:
• Based in:

History

• Created (16-8-2020) by singer Akon with the goal of being the one crypto for Africa. His $6B futuristic city 'Akon City' is planned to use the coin.

Token

Launch

• From Cointelegraph (11-11-2020):

"Akoin is launching imminently in the $2 billion Mwale Medical Technology City, or MMTC, in western Kenya. As a newly built city centered around a state-of-the-art medical and technology complex, MMTC would seem to be the ideal proving ground for the currency, ahead of it becoming the official currency of Akon City, currently under development in Senegal.

During the pilot stage, starting later this month, residents will be able to pay and be paid using Akoin, and instantly convert the currency into cell phone minutes or other forms of exchange. While the initial roll out will be invite-only, it is projected to see 30,000 transactions per month, through the implementation of atomic swaps, merchant services and an Akoin debit card. By mid-2021, a wider roll out to 35,000 residents, workers at the 5,000-bed Hamptons Hospital and 2,000 merchants is forecast to increase the service’s volume to 1.5 million transactions per month."

Utility

• From Cointelegraph (11-11-2020):

"Akoin is described as a utility token, powering atomic swaps between cryptocurrencies, fiat and mobile phone credits, which are a popular store of value in many developing countries."

Tech

• Whitepaper can be found [insert here].
• Code can be viewed [insert here].
• Built on: Stellar
• Programming language used:

Transaction Details

• Capacity (TPS):
• Latency:

Interoperability

• From Bitcoin.com (1-9-2020):

"The akoin cryptocurrency has its own wallet that “allows users to trade amongst partnered cryptocurrencies internally … through a proprietary and private atomic swap technology that makes a direct transfer with all major cryptocurrencies, our partners’ alt currencies possible, without having to go through a major exchange.”"

Their Other Projects

AkoinNFT

• From CoinDesk (1-4-2021):

"The Akoin team behind the cryptocurrency AKN has partnered with Taqo.io to launch the AkoinNFT platform for NFTs."

Roadmap

• Can be found [Insert link here].

Audits

• Bug bounty program can be found [insert here].

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].