Activate Akoin Entrepreneurs: FAQ
What is our fundraising goal?
We seek to raise a minimum of $500K USD.
Why should I donate today?
To show our #appreciation, for every $1 USD donation made during the campaign, up to $1M USD raised, donors will receive 3 Akoin TOAs.
(After we reach our $500K USD goal, TOAs will be gifted at different tiers.)
How will the funds raised be used?
Donations will fund programs that offer business and skills development -- learning, marketing, community building and earning opportunities for Akoin Ambassadors.
What else can I do to be part of the Akoin Movement?
Show your #appreciation by making a gift in honor of an entrepreneur or someone who’s been a role model or inspiration to you today. Or gift some TOAs to let them know how much you appreciate them.
Together, we can help lift up entrepreneurial young people and make sure they get the chance they deserve to become the business leaders of our future.
Be sure to share your story with the @AkoinOfficial community and your social networks using the hashtag #appreciation
Why does my contribution matter?
The Akoin platform lies at the heart of Akon’s vision for activating young entrepreneurs by providing a safe, trusted place where young people in Africa can take control of their future by building businesses that help them, and their families, out of poverty. Your support will ensure we are able to bring this vision to the world.
Why a Token of Appreciation (TOA) campaign?
This campaign is a way to activate our passionate community by sharing in the spirit of gratitude and acknowledgement, transforming community members into stakeholders in the Akoin movement by giving them a sense of ownership and sharing in the spirit of mutual appreciation.
What’s an Akoin TOA?
An Akoin TOA is a cryptocurrency token which carries no monetary value at the present time.
For every $1 USD donation made during the campaign, up to the first $500K USD raised, donors will receive 3 TOAs in appreciation of their gift.
Where will my TOAs be held? How do I access them?
TOAs will be held in a protected cryptocurrency wallet that is uniquely associated with each donor. Akoin plans to go live later this year. To learn more about the Akoin token and launch, please visit www.akoin.io.
What’s our ultimate goal with the Akoin Foundation? How does the campaign contribute to this?
One of our first goals is, in support of the UN Sustainable Development Goals, to activate 2 Million CEOs and help close the projected 50MM job gap in Africa by 2030. This goal will be extended and replicated in other regions as we expand our footprint around the world. Akoin Ambassadors are among our first set of entrepreneurs activations!
Are there any fees associated with my donation?
A 3% fee will be applied by our donation provider to cover the transaction costs associated with processing your electronic payment.
You may elect to cover this fee to ensure the Foundation receives your full gift amount or have taken out of your donation.
Depending on which payment method you select, your donation may also be assessed an additional fee by your provider.
If you make your gift in Crypto please ensure you account for any transaction or exchange fees.
I didn’t get an email with a record of my donation?
Be sure to check your junk mail. If you still don’t see an email contact us.
Are there any campaign milestones?
Yes, check out the current campaign tiers in this graphic.