NFTs did not escape May's crypto market crashes. Was the correction healthy for NFT markets?

Capitol Hill is at the moment heated over the historic $6 trillion budget for 2022 that new US President Joe Biden proposed. Although this would be the highest federal spending since World War II, it could drag more people into the crypto world.

Back in 2020, a famous rapper Akon launched his own cryptocurrency dubbed Akoin to boost its dream of improving the lives of the citizens of the African continent. But paradoxical is the fact that the token is listed on a platform that is unavailable to most Africans. Consequently, this could significantly slow down the adoption of the coin in the continent.

Akon is continuing to expand the planning of his futuristic cities across the African continent. Now, Akon wants to expand the project to Uganda, the Pearl of Africa. But how real are these plans for the African population?

The Akon City project by Senegalese-American rapper, Akon has been a topic of debate since it was first announced in 2018 in Senegal and most recently on April 5, in Uganda. While the futuristic-cryptocurrency themed city’s architecture portrays a city “too beautiful” to live in Senegal, the Senegalese could be happier with something else.

The post New Bitcoin Billionaires Discovered | This Week in Crypto – Apr 12, 2021 appeared first on 99 Bitcoins.

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