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.

Sphere is a smart contract platform and peer-to-peer payment network. The network has a hybrid PoW and PoS consensus mechanism and is powered by the native SPHR token, which can be swapped for an ERC20 token over the Ubiq smart contract platform.

Fiii Coin is developing an ecosystem designed to promote the wide spread adoption of a variety of cryptocurrencies. Their payment terminal will be compatible with wide range of cryptocurrencies, and will be comprised of a wallet, exchange, and DApp development plugins. The Fiii blockchain has a Delegated Proof of Capacity (DPoC) consensus mechanism.