Sure it's a memecoin, but it's the best memecoin and it's not very well known outside of Japan yet.
Monacoin is not a payment system controlled by one single entity, but a fully distributed payment system preserved by everyone who uses it via client applications running on their computers.
While much of the world treats most cryptocurrencies as speculative ventures, Monacoin is a cryptocurrency popularized by the initiative of its community: it continues to be nurtured and built upon not by a core development team but by its enthusiastic user base. To give some examples, Monacoin users have brought up various kinds of Mona-based web applications and services, have erected shrines in appreciation of Monacoin, regularly play word games when tipping others (known as "monage" (モナゲ, lit. "throwing mona")), and otherwise use the coin in ways users of most other coins would never have thought of.
Block time: 1.5 minutes
Block reward: 25 MONA
105,120,000 total coins
Subsidy halves every 1051k blocks (~3 years)
Difficulty re-target: every block (Dark Gravity Wave v3)
Market cap: $134,733,434 #53
this is dumb as shit
B-b-but this crypto is actually used to pay for some cute artwork.
Are they worth mining?
Is it just a BTC fork or something?
More of a Litecoin fork, like Dogecoin.
2013 was 7 years ago.
It's still the Japanese national digital currency and one of the few with real world use.
I have 17 mona that I mined back in 2015. Apparently at some point a mona was worth $16, which means I had about $280 sitting on my hard drive and I didn't even know it.
You could have had a Japanese artist draw very lewd OC with that amount of money.