Auroracoin (AUR) is a peer-to-peer cryptocurrency launched on January 24, 2014 as an Icelandic alternative to bitcoin and the Icelandic króna. The unknown creator or creators used the pseudonym Baldur Friggjar Óðinsson and allocated (premined) half of the 21 million total coins for the 330,000 Icelandic citizens living in Iceland.
Of these 10.5 million premined coins, approximately 40% of the coins were claimed, 10% of the coins were gifted to the Auroracoin Foundation (M1 fund), and 50% of the premined coins were verifiably destroyed. (AURburnAURburnAURburnAURburn7eS4Rf)
Not affiliated with Auroracoin or Icelandic blockchain foundation