Senegal

Blockchain News

Depiction of the abandoned Akon City project in Senegal, symbolizing the shift from crypto dreams to a new tourism focus.
Blockchain News

Akon City Crumbles: Senegal Abandons Ambitious $6B Crypto Dream for Practical Tourism Future

August 18, 2025 coinpulse_staff

Remember the buzz around Akon City? The ambitious, multi-billion dollar crypto-powered utopia envisioned by global music star Akon in Senegal? For years, it captured headlines, promising a ‘real-life Wakanda’ fueled by the Akoin cryptocurrency. However, after seven years of grand promises and minimal progress, that futuristic dream has officially dissolved. Senegal has now made a […]

A symbolic image representing the cancellation of the Akon City crypto project in Senegal, highlighting the challenges of large-scale blockchain development.
Blockchain News

Akon City: The Crucial Lessons from a Failed $6B Crypto Project in Senegal

August 18, 2025 coinpulse_staff

For years, the promise of Akon City captivated the imagination of crypto enthusiasts and development observers alike. Envisioned as a futuristic, cryptocurrency-powered urban oasis in Senegal, it was championed by global music icon Akon. However, after seven years of grand pronouncements and minimal tangible progress, the dream has been officially dissolved. This isn’t just a […]