MonaCoin is a cryptocurrency, based on the Bitcoin Core code, which focuses greatly on its use in various online communities. Its blockchain has several features, including Segregated Witness, an ASIC (custom mining hardware) resistant algorithm, and a slowly deflating creation rate of coins. There are various platforms which make use of MonaCoin as a currency. One of these sites is Monappy, which is an online platform that allows viewers to tip streamers, support artists, and buy and sell products for MonaCoin. Another is Ask Mona, which is basically an online forum and post board with MonaCoin tipping built in.
MonaCoin (MONA) is the digital asset of the MonaCoin blockchain that can be sent peer-to-peer as a currency or used to tip users on various websites.