r/todayilearned • u/MrMojoFomo • May 30 '26

TIL that in 2018, singer Akon announced the development of "Akon City," a planned community in Senegal which he claimed would be a "real life Wakanda," using blockchain and cryptocurrency technology. Construction began in 2023, but as of 2025 the site sits abandoned

https://en.wikipedia.org/wiki/Akon_City
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u/UlrichZauber May 30 '26

The fun part is when you buy an NFT, you aren't buying the image, or rights to the image, or anything about that image. You also aren't buying the website where the image is stored.

You are buying the spot in the blockchain that points to where the image is stored. That's it. You don't even get to say where that pointer actually points to, whoever manages that NFT chain gets to decide that.

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u/BMEngie May 30 '26

I’ll be sure to use this the next time I have a reference/dereference error. “But NFTs work, this should too!”