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.
MonaCoin has an enthusiastic user base that has developed a variety of Mona-based web applications and services. MonaCoin holders also use the coin as a tipping system.

Global Currency Reserve is a Proof-of-Stake (PoS) cryptocurrency built on a native blockchain. Its core infrastructure has similarities to Bitcoin, Peercoin, NovaCoin and BlackCoin. Global Currency Reserve's focus is on providing fast transactions times with minimal fees.

PAC coin, short for People’s Alternative Choice, is a cryptocurrency with a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism. PAC Coin aims to encourage cryptocurrency adoption by improving usability and community governance. The network will rely on a system of masternodes to help verify transactions.