Auroracoin is a cryptocurrency for Iceland that is launched in February 2014. It is 50% premined and the coins will be distributed free-of-charge to all 330,000 citizens of Iceland via an airdrop starting from the midnight of 25th March 2014. Auroracoin is created as an alternative to the Icelandic krona. The movement of krona is severely restricted by the government and its value has dropped significantly against gold and the dollar since 1960. Each Icelandic national will receive 31.8 auroracoins during the airdrop. The creator of auroracoin goes by the pseudonym Baldur Friggjar Odinsson. Aurorcaoin is a clone of Litecoin.
CRYPTO20 is an autonomous crypto-only index fund that tracks the top 20 cryptocurrencies in the same way the S&P500 tracks the top 500 US company stocks. C20 is the fund’s token, and represents an investor’s share in the fund. Token-holders are able to liquidate the C20 token for their share of the underlying assets via the smart contract.