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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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20058668 No.20058668 [Reply] [Original]

>The $6 billion city in Senegal billed a “futuristic cryptocurrency themed city,” founded by Senegalese-American star and philanthropist Akon, has awarded its building contract to KE International, a U.S.-based engineering firm. Akon City announced earlier this month
>“Akoin is a cryptocurrency powered by a marketplace of tools and services fueling the dreams of entrepreneurs, business owners, and social activists as they connect and engage across the rising economies of Africa and beyond"
>For Akon City’s first and second phases of building, KE International has secured $4 billion from investors.
https://news.bitcoin.com/akon-city-akoin-cryptocurrency/

>> No.20058709

Has your latest fraud pajeet scamcoin obtained 4 billion in venture capital investments to BUILD A FUCKING CITY?

>> No.20058711

>>20058668
>Secured 4 billion in investors for meme rapper citdael
There has to be some really shady shit going on, wtf.

>> No.20058762
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20058762

I'm totally gonna buy some. But the whole thing I'm sure will end up a Netlfix documentary and not a positive one. But who could resist the meme of investing in the real Wakanda. This shit memes itself.

>> No.20058769

>>20058711
part scam, part money laundering

>> No.20058794

>>20058668
>>Narcissist names a city after himself
Why can't we have a Trump city?

>> No.20058814

>Akon City will be located near Mbodième, a small coastal village in the west of Senegal, West Africa, less than an hour’s drive south of the new Blaise Diagne International airport in Dakar. Aimed to be a tourist city with a cryptocurrency-based economy, Akon City plans to have parks, universities, schools, a stadium, hotels, and an industrial complex fully completed by 2030
>The city plans to exclusively use the akoin cryptocurrency, which is built on the Stellar payment network. The akoin cryptocurrency is also to be used in Mwale Medical and Technology City (MMTC), a green city based in Western Kenya, which KE International is also building. Commenced in 2014, the construction project is 85% done and expected to complete in December this year. Recently, it partnered with the Akoin platform for its blockchain-based digital transactions. Akon hopes his akoin crypto will be used all over Africa where a significant portion of the population remains unbanked but smartphones are widely used.
Wtf is the Stellar payment network?

>> No.20058831

It’s a cool idea, but it’ll be rife with corruption and the low IQ collective will be it’s downfall.

>> No.20058907

>>20058794
what about washington HUH RAYCIST

>> No.20058948

>>20058711

shhh... WE WAKANDA NOA

>> No.20059102

>>20058831
first thing that crossed my mind was how i can get a good position for my self in the city construction. to siphon funds

>> No.20059244
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20059244

>>20059102
Haha this KE international construction company looks sketchy as fuck. It looks like all they have built is a few buildings in Africa and a golf course.
They have some fucking hilarious renders on their website.
https://ke-intl.com/

>> No.20059269
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20059269

>>20059244
Thread theme
https://youtube.com/watch?v=WjXHpKySdkM

>> No.20059369

>>20058907
Washington is named after Trump?
Talk about time travelling.

>> No.20059450
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20059450

>>20059269
This is the only picture they have of something they actually built.
So i looked into this construction company more and it looks like their entire business model is getting money from one rich Kenyan guy.
>The initial US $4 billion investment secured by KE International for Akon City, is led by leaders in healthcare and technology infrastructure and include MMTC's Julius Mwale
>MMTC, which is 85% complete, was founded by a US based Kenyan entrepreneur and Investor, Julius Mwale.
MMTC is the first "city" this construction company has built in Africa
https://markets.businessinsider.com/news/stocks/ke-international-awarded-us-6-billion-construction-contract-for-akon-city-senegal-1029281694?op=1

>> No.20059539
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20059539

>>20059450
>mwal-mart

>> No.20059676

>>20059539
Buy something or get mwaled by a hyena or a nigger, your choice.

>> No.20059760

They did some fraud scam webinar announcing the project.
https://youtube.com/watch?v=nu3cJQQSjlA

>> No.20059798
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20059798

>>20059539
>mwal-mart
For some reason they just have a random assortment of tools and car parts lazily thrown on some shelves I'm not sure if you can actually buy any of it.

>> No.20059814

>>20059450
Oh no no no

>> No.20059876
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20059876

>>20059814
Apparently he has written some bad cheques.
>Mr Mwale, the proprietor of Mwale Medical and Technology City in Butere, is accused of having issued bad cheques to contractors, amounting to Sh22 Million.
>In his defence, Mwale stated that his lawyers compelled him to write the cheques even after he had disputed the amount demanded by the contractors.
https://www.kenyans.co.ke/news/27396-court-orders-protection-prosecution-kakamega-tycoon-julius-mwale

>> No.20060079

a bunch of seething white bois in here. Honestly pathetic

>> No.20060896

They are building smart cities all over Africa and the developing world. The West will get some smart cities as well but it’s already developed and not all white people are into these high tech cities. But 3rd worlders love these shiny cities. It will create jobs and consoomers. The developing worlders are the only consoomers left. Imagine the liquidity several of these Wakandas will provide for Stellar

tldr; buy XLM

>> No.20061373

>>20060896
What is a "smart city"?

>> No.20061620
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20061620

>>20060079

>> No.20061666

Is anyone here in construction? Is this legit? Why is that guy wearing a suit jacket?

https://www.youtube.com/watch?v=Rl6MMfC69pc