What is Auroracoin?

Symbol: AUR · Market cap rank: #3013

Short answer

Auroracoin (AUR) is a cryptocurrency currently ranked #3013 by market capitalisation. It is classified as cryptocurrency.

Source: isthiscoinascam.com

Overview

Auroracoin is a cryptocurrency launched in February 2014, aiming to serve as an alternative to the Icelandic krona. It is 50% premined, and an airdrop plan will distribute the coins free-of-charge to approximately 330,000 citizens of Iceland, with each citizen receiving 31.8 auroracoins starting from March 25, 2014.

The project was created by an individual using the pseudonym Baldur Friggjar Odinsson and is based on the technical architecture of Litecoin. Auroracoin seeks to address the limitations and devaluation issues of the Icelandic krona, which has faced government restrictions and significant declines in value since 1960.

Launched: 2014

Headquarters: Reykjavik, Iceland

Scam-risk analysis

Auroracoin has a low score, indicating elevated scam risk based on the available data. Is Auroracoin a scam?

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