Akon’s Blockchain Endeavor For Social Impact, Akoin, Announces the Launch of the Akoin Foundation and Issuance of Cryptocurrency “Tokens of Appreciation (TOA)” For Donors In Partnership With The SDG Impact Fund
When Lynn Liss, COO of Akoin reached out to Dr. Bryan Doreian, Chief Development Magus of the SDG Impact Fund, they both knew something special in the impact realms was emerging. Leveraging Akon’s groundswell of charitable work in Africa and their emerging blockchain endeavor, Akoin, aligned with the incredible ability of the non-profit structuring of the SDG Impact Fund platform, they have partnered to launch the Akoin Foundation. This combination of blockchain, impact-mindedness, a high profile celebrity like Akon, and the Donor Advised Fund (DAF) platform is launching what they foresee as a next evolution of the cryptocurrency realm.
The Akoin Foundation will be performing a first in cryptocurrency – giving initial donors to the foundation a literal cryptocurrency Token of Appreciation (TOA) as a way to say thank you to those who believe in the missional purpose of the foundation, supporting regenerative endeavors in Africa and focused on entrepreneurial empowerment; from blockchain, financial and business tools to healthcare, education, renewable energy and governance. The token, which carries no present value, commemorates donors early involvement with the Akoin Foundation and their support of this impact mindset, which will be pioneered through Akon’s championing of the Akoin Project in Africa. To join the Akoin Token of Appreciation campaign, go to www.akointoa.org. For more information on the token and its release, visit www.akoin.io.
“I’m excited for our team to launch the Akoin Foundation and our first Token of Appreciation campaign. This is what we’re all about at Akoin — coming up with innovative solutions, appreciating the fans, and empowering the people to take charge of their finances,” said Akon. “I’ve said before: blockchain and crypto bring the power back to the people and has the potential to transform Africa’s economies. We’re giving people the chance to get involved early and show their support of that transformation.”
Through this incredible alignment, together the Akoin Foundation and the SDG Impact Fund amplify their mission and social impact results even further – rapidly opening up the opportunity for donors, and other leaders in impact to access this new platform to attain the 17 SDGs across all 53 countries in Africa.
What is the SDG Impact Fund? On the International Day of Peace, September 21, 2018 – the SDG Impact Fund was announced at the United Nations in New York City. This fully independent 501(c)3 recognized non-profit Donor Advised Fund (DAF) is quantum leaping the well-proven DAF model by uniting and marshaling the exponential power of the digital and impact frontiers to transform what is possible for humanity, prosperity, and the planet. The SDG Impact Fund is the first to accept and deploy traditional assets as well as all forms of crypto, token, and digital assets with a singular goal: attaining the Sustainable Development Goals (SDGs) before 2030.
What are the SDGs? The UN’s SDGs are 17 sustainable development goals, ranging from gender equality to no hunger and quality education agreed upon by 193 countries to realize a more sustainable and prosperous humanity and planet by 2030. Through the Akoin Foundation, entertainment, blockchain, philanthropy, all align and showcase to the world a way forward in attaining the 17 SDGs.
“There is this perception that “non-profit” and “business” don’t go together,” says Bryan Doreian of the SDG Impact Fund. “I feel that if we redefine what non-profit and business is and means, those endeavors that harness both, in a mutually regenerative manner, will usher forth a new paradigm of what work is, and what it means to be a “business” or “non-profit” altogether. In fact, the more individuals, brands, and companies realize that the return of investment on actually making a difference in the world, instead of being siloed into making money at the EXPENSE of others and the world, is easily 10/1. Akoin is one of the endeavors pioneering in the impact realms and we’re honored to co-create this new blockchain and business paradigm with them.”
As the philanthropic arm of Akoin.io, and part of Akon’s vision for a better world, The Akoin Foundation exists to activate, educate and fuel young entrepreneurs in Africa and other rising economies to start and build businesses and create sustainable communities. We believe that developing young entrepreneurs is the best way to promote innovation, economic stability, and growth across Africa, and, ultimately, the world. We have set ourselves a goal to educate, inspire and activate 2 million new CEOs in Africa and beyond by 2030.
For more information: Lynn Liss lynn@akoin.io
The SDG Impact Fund is one of the most innovative, forward-thinking, and knowledgeable donor advised fund (DAF) leaders on charitable giving in the nation. Our donor advised fund clients gain access to the highest level of strategic thinking on ways to meet social challenges around the world. By partnering with the SDG Impact Fund, donors receive the simplicity and tax advantages of a public charity combined with the personal recognition, involvement and flexibility of a private foundation.
For more information: Bryan W. Doreian bdoreian@sdgimpactfund.org
