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.
Cryptaur is a decentralized Ethereum-based ecosystem that will act as a framework for potentially unlimited number of specialized P2P services (dApps) whereby suppliers and consumers of a most diverse range of goods and services can interact directly while increasing the economic efficacy of all transactions being made within the ecosystem. The unique features of the Cryptaur ecosystem include: Universal payment and reward unit—the Cryptaur utility token (CPT). Multi-functional payment platform—Cryptaur Pay (CPP). Proprietary Social Capital Management System (SCMS). Global User Rights Protection System (URPS).