A coin based on a meme of an animated flying cat in the same vein as flappy coin. The algorithm is Scrypt and there are 337 coins per block halving every 337,000 block with a 1% premine for bounties. The block target is set to 1 minute, or 60 seconds, and difficulty retargets every 3 hours.

Although 'NYAN' was the ticker assigned at the deployment of the NyanCoin Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'NYANCOIN' has been adopted for this token. This designation ensures that assets are distinctly identified.