- Main reasons for dead coin listing Scam or Other Issues.
- Started 2014, Ended 2016.
- Social media ended 2019.
- Trading ticker (AUR).
- Total coins unknown.
- Not available to trade on any exchanges.
- Was built on standalone blockchain.
- Website is still up.
- The Founder/SEO is Pétur Árnason.
Notes
Failed ICO.
Links
https://web.archive.org/web/20160207075232/http://auroracoin.is/EN/ http://auroracoin.is/ https://www.facebook.com/auroracoin.org/ https://twitter.com/OfficialAUR
About Auroracoin
Auroracoin is based on Litecoin, a descendant of the Bitcoin protocol, the foremost cryptocurrency in the world. However, it is started by an “Airdrop” of auroracoins to the Icelandic nation, designed to reach almost every Icelander. This one-time event has created the conditions for Icelanders to start using the currency, by providing them with a start and making them aware of the currency and its possibilities. After the Airdrop, the only way to acquire auroracoins will be through mining and transacting. Auroracoin will mirror the development of Bitcoin in the near to medium term.
The Airdrop has taken place from March 25th 2014 till February 25th 2015. A national ID database, created by the government was used for this purpose. Although the thorough registration of the entire Icelandic nation into one database was unfortunate, it created opportunities to reach a large part of the public through various means. About 330,000 Icelanders were able to claim f 31.8, 318 and 636 each over the following year during three respective phases.
Developers are encouraged to create tools for Auroracoin to support the adoption of Auroracoin. Such software, e.g. for payments, will help Icelanders start using the currency in their daily lives.