Monacoin is the Japanese cryptocurrency promoted as the first national currency coming from this country. It is focused to become a decentralized digital cash aimed primarily at the Japanese, which is evident from its close links with the manga comic scene in that country.
The Monacoin project can trace its origins back to 2013 when it was initially conceived by one Mr Watanabe, followed by its launch in early 2014. It started out as a hard fork of Litecoin.
The Monacoin served as an inspiration for the launch of MonaComi, a Monacoin-themed manga comic. Back in 2018, Monacoin made the news again after a hacking attack against it led to the loss of some USD 90,000. The attack was supposedly perpetrated by a Monacoin miner.