FREE Coin vs MonaCoin vs Spendcoin
What problem does this service solve?
FreeCoin claims to be a more inclusive cryptocurrency but their marketing materials do not show any unique offerings. | MonaCoin is the first Japanese cryptocurrency. | Spendcoin is a cryptocurrency aimed at encouraging adoption of decentralized financial and educational platforms. |
Token Stats
Company Description
FREE Coin is an Ethereum-based token with a focus on being inclusive and encouraging cryptocurrency adoption. Their goal is for the token's price to increase in value, until its price is close to the USD. FREE Coin's site does not provide any details about their development plan or what specific advantages their network will provide. | MonaCoin is the first alternative cryptocurrency developed in Japan. It is based on the popular Japanese character, Mona. MonaCoin has a Proof-of-Work (PoW) consensus mechanism and uses a version of the Lyra2RE mining algorithm that was first used by Vertcoin. | Spendcoin is an open-sourced cryptocurrency designed for the Cross Ledger Ecosystem, which includes the Spend App and the Blockchain University. The project is run by the Spend Foundation. Their network is currently powered by the Ethereum-based SPND token. Users receive tokens for performing tasks in the Spen ecosystem. |