Monacoin (MONA) - cryptocurrency review
Monacoin (MONA) - cryptocurrency review

Monacoin (MONA)

Rank: #66

Our Review
8
Real-world utility
2
Market Cap
3
Investability
decrptd review 4.3 / 10
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Monacoin

MonaCoin (MONA) is an open-source digital cryptocurrency and peer-to-peer payment network that is gaining traction in Japan. There are already several integrations…

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Monacoin (MONA) – cryptocurrency review


MonaCoin (MONA) is an open-source digital cryptocurrency and peer-to-peer payment network that is gaining traction in Japan. There are already several integrations between Monacoin and local video streaming services through which viewers can tip the authors using Monacoin. There are also several online stores and marketplaces within which people can buy and sell items using Monacoin.

The main downside to investing in Monacoin is likely to be the highly localised appreciation of the brand. Monacoin uses a cartoon of a cat as the foundation of its branding – something which seems to have local meaning in Japan, but little relevance anywhere else! This one very much feels like it will remain contained to the local market.

0
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0
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