Never mind the cute Shiba Inu of dogecoin, people in Japan are falling for a new Internet meme-based cryptocurrency - the locally invented and cat-logoed 'monacoin'.
At least five online and physical stores, plus an auction site, now accept monacoin for payments and the currency is traded on five exchanges: three in Japan, China's ybex.
A monacoin tipping system, developed by a 17-year-old high school student, is also active.
"A few early adopters of cryptocurrencies recognized it at an early time. But almost all monacoin information is on Japanese websites and in Japanese. So monacoin was more accepted by other Japanese."
Hida uses monacoin and, as well as his bitcoin advocacy activities, he and some friends formed the Monacoin Foundation.
Unlike the equally publicity-shy Satoshi Nakamoto monacoin users are almost certain that Mr. Watanabe is Japanese.
Just as games like Final Fantasy XIV and DragonQuest had their own proprietary currencies, monacoin would be the same.
Monacoin is not supposed to be similar to securities, he continued, but more like points accrued to be spent only in the monacoin network.
A Google image search for 'monacoin' uncovers a plethora of different monacoin memes, 'monacoin-chan' characters and mascots.
Disclaimer: The author of this article lives in Japan but is not involved with the monacoin project or Foundation, and does not currently hold any monacoins.
Why Japan Fell in Love with Monacoin, the Cat Meme Cryptocurrency
pubblicato su Aug 3, 2014
by Coindesk | pubblicato su Coinage
Menzionato in questo articolo
Another mainstream company is seeking approval to invest in crypto
Anthony Scaramucci's investment firm, SkyBridge, seeks approval from the SEC to invest in crypto.
COVID-19 popularized decentralization, but blockchain may not catch on
On Nov. 9, drugmaker Pfizer announced that its COVID-19 vaccine is 90-plus percent effective, and even though it may be premature to proclaim the pandemic's end - as the virus continues to rage in the United States and Europe - once can at least speculate: Where will blockchain adoption stand when the crisis abates?
Bitcoin hits new 2020 high at $16.7K -Traders expect bigger breakout
The price of Bitcoin hit a new yearly high at $16,717 on Binance.
The next big crypto market could be fantasy sports, says Messari
As "Digitally native" ecosystems like esports continue to synergize with blockchain technology, industries like fantasy sports could be primed for mass adoption, says digital research firm Messari.