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.

HappyCoin is a Thai digital currency. It is designed to be used as a medium of exchange within Thailand. HappyCoin (HPC) has a hybrid consensus mechanism that combines elements of Proof-of-Work (PoW) and Proof-of-Stake (PoS).