MonaCoin company info

What does MonaCoin do?
MonaCoin (CRYPTO:MONA) is a Japanese cryptocurrency that was created in 2013. It is a peer-to-peer decentralized digital currency that is not subject to government or financial institution control. MonaCoin is based on the Bitcoin protocol, but it has a number of unique features, such as a faster block time and a larger maximum supply. MonaCoin is a proof-of-work cryptocurrency, which means that miners are rewarded with MONA tokens for verifying transactions and adding them to the blockchain. MonaCoin has a block time of 1.5 minutes, which is significantly faster than Bitcoin's 10 minutes. This means that MonaCoin transactions are confirmed more quickly. The MonaCoin team is actively working on a number of projects to improve the MonaCoin protocol and to expand the ecosystem of MonaCoin-accepting merchants and services. One of the most notable projects is the development of a MonaCoin debit card. This card would allow users to spend MONA at any merchant that accepts Visa or Mastercard. The main objective of the MonaCoin project is to create a decentralized digital currency that is easy to use and accessible to everyone. The team also aims to promote the adoption of MonaCoin in Japan and around the world.
Company Snapshot

What is the market cap for MonaCoin?

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Market Cap
$22.25M

Where is the head office for MonaCoin?

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Head Office
Japan

What year was MonaCoin founded?

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Year Founded
2013
What does MonaCoin specialise in?
/Lyra2REv2 /Medium of Exchange /Memes /Mineable /PoW

What are the products and/or services of MonaCoin?

Overview of MonaCoin offerings
In-game purchases: MonaCoin can be used to buy in-game items and currency in a number of online games.
Investing: MonaCoin can be bought and sold on cryptocurrency exchanges like CoinEx and Zaif.
Money transfers: MonaCoin can be used to send and receive payments from anyone else in the world who has a MonaCoin wallet.
Online payments: MonaCoin can be used to buy goods and services from a number of Japanese online merchants.
Tipping: MonaCoin can be used to tip streamers and content creators on platforms like Twitch and YouTube.