Musician Akon is Launching a new Cryptocurrency.

Digital_Lord

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Quote from: Idol_Network on August 21, 2018, 03:14:21 AM

Quote from: richan on June 20, 2018, 10:18:38 AM

Senegal-born star Akon launching a new cryptocurrency called Akoin that will be available for sale in two weeks with hopes it will help further help the continent. Akon said in the interview thatr "I think that blockchain and crypto could be the savior for Africa in many ways because it brings the power back to the people and brings the security back into the currency system and also allows the people to utilize it in ways where they can advance themselves and not allow government to do those things that are keeping them down"

source: https://pagesix.com/2018/06/19/akon-set-to-launch-cryptocurrency-called-akoin/

"Most of the time, these coins do not have a real product backing up their value leaving fans who actually buy these coins spending money for no real reason. If you check out Idol Network https://www.idol.network. it is built for celebrities to create their own coins and fans can buy celebrity coins for a REAL purpose like going to exclusive parties, backstage passes or VVIP seatings at concerts. Check it out at:
Whitepaper: https://file.idol.network/pdf/Idol_WhitePaper.pdf
Telegram: https://t.me/idol_official
Medium: https://medium.com/idolnetwork"

That is always the problem and the fact remains that without a real life product, it would just be as useless as any other shit garbage coin in the market. It is not just about creating a coin and thinking it would just have a future because being an artist can drive fans to it, how long will it end up sustained without taking a hit eventually.
The only thing that can keep it going in the long run is real demand for the solution it creates, and no matter how it gets to be driven speculatively, it would never last.

sanasara

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actually if they are launching a new cryptocurrency then we are waiting for it and expecting a good future for all crypto traders actually the market has become very shitty so it will be like a good change for the crypto traders lets hope for the best and wait for it.

judeafante

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After three months I haven't seen this Akoin token launch here in Bitcointalk I did not know either that he is into cryptocurrency, it's a good move if he is the ceo, he can promote it in his tour, but I have to see it here first before I can decide if it's worth to promote or invest here, could be another pump and dump coin in the making

StarofBTC

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Quote from: yayat on July 22, 2018, 04:56:02 AM

Good news for Bitcoin, for bringing together the Music industry with Bitcoin and I know how popular AKON is in the music world.

And he can also make positive news on Bitcoin, then can raise the price of Bitcoin also on the market.

I only see this having something to do with the cryptocurrency space in general and not just bitcoin but at least such a move is good for cryptocurrency publicity.

It is not a bad idea for him as long as the coin can have a product attached to it, or some sort of solution the project backing the coin would bring about and asides that, I do not see any reason why it would not just end up being another speculative shitcoin in the market. However, like I said, it is good for publicity.

KobbyD

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Quote from: richan on June 20, 2018, 10:18:38 AM

Senegal-born star Akon launching a new cryptocurrency called Akoin that will be available for sale in two weeks with hopes it will help further help the continent. Akon said in the interview thatr "I think that blockchain and crypto could be the savior for Africa in many ways because it brings the power back to the people and brings the security back into the currency system and also allows the people to utilize it in ways where they can advance themselves and not allow government to do those things that are keeping them down"

https://nyppagesix.files.wordpress.com/2018/06/akon.jpg?quality=90&strip=all&w=618&h=410&crop=1

source: https://pagesix.com/2018/06/19/akon-set-to-launch-cryptocurrency-called-akoin/

I am very steady to find this project. Please if you know when exactly this project will be launched, please let us know. If there is a bounty program, I will be very enthusiastic to join this wonderful project.

Akarsh54692

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Oh ! That's such a thrilling news.This will definitely motivate many people out there to have their own cryptocurrencies.
Also Hostgames,one of the biggest casino gaming platforms uses major cryptocurrencies such as btc,eth,litecoin and now ncash as well.

Felic43

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Everyone are free to launch cryptocurrency this is free world if akon did that it good because people are having interest in the blockchain

Idol_Network

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Quote from: richan on June 20, 2018, 10:18:38 AM

Senegal-born star Akon launching a new cryptocurrency called Akoin that will be available for sale in two weeks with hopes it will help further help the continent. Akon said in the interview thatr "I think that blockchain and crypto could be the savior for Africa in many ways because it brings the power back to the people and brings the security back into the currency system and also allows the people to utilize it in ways where they can advance themselves and not allow government to do those things that are keeping them down"

https://nyppagesix.files.wordpress.com/2018/06/akon.jpg?quality=90&strip=all&w=618&h=410&crop=1

source: https://pagesix.com/2018/06/19/akon-set-to-launch-cryptocurrency-called-akoin/

"Most of the time, these coins do not have a real product backing up their value leaving fans who actually buy these coins spending money for no real reason. If you check out Idol Network https://www.idol.network. it is built for celebrities to create their own coins and fans can buy celebrity coins for a REAL purpose like going to exclusive parties, backstage passes or VVIP seatings at concerts. Check it out at:
Whitepaper: https://file.idol.network/pdf/Idol_WhitePaper.pdf
Telegram: https://t.me/idol_official
Medium: https://medium.com/idolnetwork"

yayat

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Good news for Bitcoin, for bringing together the Music industry with Bitcoin and I know how popular AKON is in the music world.

And he can also make positive news on Bitcoin, then can raise the price of Bitcoin also on the market.

nicolas1979

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Activity: 826

Merit: 252

Quote from: richan on June 20, 2018, 10:18:38 AM

Senegal-born star Akon launching a new cryptocurrency called Akoin that will be available for sale in two weeks with hopes it will help further help the continent. Akon said in the interview thatr "I think that blockchain and crypto could be the savior for Africa in many ways because it brings the power back to the people and brings the security back into the currency system and also allows the people to utilize it in ways where they can advance themselves and not allow government to do those things that are keeping them down"

source: https://pagesix.com/2018/06/19/akon-set-to-launch-cryptocurrency-called-akoin/

I believe he only promoted not built or become investor. Project use him because have high popularity, it will raise investment and create members in high quantity. Don't see the star but see about the project ( coin ), have good concept, great developer team, realistic target, they have it or just ads?. Find the true information, think twice before join and good luck to you.

leonidas89

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Crazy all these silly celeb affiliations in the crypto world. Still, if it spreads the word of crypto and blockchain who are we to criticise.

These guys have a much bigger following than me lol.

manasd

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Next Generation Antivirus

When the ICO is a show business star, then certainly you should not expect anything good from the project. It is more interesting for me to invest in ICO, where there are talented programmers, not singers. So, I'll pass by.

HarpeCharlotte

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In recent times crypto currencies popularity increasing. That’s why celebrities are also launching new crpto currency. I think it increase cryptos popularity among the people.

leea-1334

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Temporary forum vacation

Okay,,, I do not really mind Akon, I think his music is really something to gain a taste for,,, but I wonder when this thing about musicians and artists getting involved with cryptocurrency will stop. Maybe never, until people are bored with it. No coin has become good because of an artist, in fact, already have scams because of artists so this should be a warning sign.

Intentions are good, yes,,, but you do not need crypto for everything.

GhostWithin

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Quote from: FrosyaBulatova on June 23, 2018, 03:39:53 PM

Many world celebrities create new coins, thus supporting the blockchain system and the whole cryptocurrency world. To help the underdeveloped countries is a good goal, so his coin will definitely be popular. In Russia, for example, the stars of show business, such as Olga Buzova and Natalia Vodianova, develop their coins. It is very promising!

Buzova didn't create any coins. She was made the face of this project whose goal is to make money quickly. The real organizers stayed in the shadows.

idex100

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It is nice to see celebrity making a case for cryptocurrencies. They have the ability to create general awareness about cryptocurrencies in general.A lot celebrities did this in the past. I know for example That bitcoinus is being integrated as a coin to make purchase in Cristiano Ronaldo shop

limtjoehua

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Best solution for smart cities

I do not think investors from the acoins will be many, limited only from fans of akon and possibly other African communities. but we have to think positively, because the purpose of akon is humanity and maybe there will be many others who want to join.

hoasdnz77

newbie

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I think it is nothing but earning some free money from perspective of Akon.Few celebrities were involved with cryptocurrency and crypto promotion before but it didn't work for the company.I think it is more important to create quality project rather than this celebrity shit otherwise it won't be good for crypto community.

Vladique

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Activity: 1372

Merit: 1

The stars are trying to make money on their own behalf, I also noticed that now everyone goes to the crypto currency, people who have an audience, but who do not understand about crypto currency and how it's work

chocopapaya

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Laughable.

...but, I guess kudos to him for sticking his neck out there even though it's obvious he doesn't know a damn thing about crypto and it's relationship to governments and fiat.

As far as security goes...does anyone think akoin will bring security?
That seems like the riskiest investment of all time that is doomed to fail.

Now that I think of it, isn't he acting a bit like the corrupt politicions he is criticizing?
Acting like he wants to help but actually he is selling Akon branded shitcoins?
Getting rich off of the masses?

Celebs, in my mind, are more dangerous to crypto than anything else.
They have so much publicity and sway in public opinion and can easily turn the tide against crypto because they don't know what they are talking about.

But, AKOIN to the moon! I guess...

Topic: Musician Akon is Launching a new Cryptocurrency. (Read 449 times)