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Auroracoin AUR Logo
Auroracoin AUR
$0.0286755 0.29%
OG Score 0
Reviews 0
Auroracoin AUR Logo Auroracoin AUR Price
$0.0286755 0.29%
Low All Time High
$0.00037617 $96.81
About Auroracoin

Auroracoin (AUR) is a cryptocurrency launched in 2014 as an alternative to both Bitcoin and the króna. More

OG Score 0
Reviews 0
Market Cap $566,895
Market Cap Rank # 4380
Token Stats
Fully Diluted Valuation $602,185
24H Trading Volume $0
24H Low / High $0.03 / $ 0.03
Circulating Supply 19.77 M
Total Supply 21.00 M
Max Supply 0.00
Info
Categories
Founder Baldur Friggjar Óðinsson
Website en.auroracoin.is
Socials 4 more
Chains Auroracoin Ecosystem
Explorer Auroracoin 1 more
AUR/USD Price Chart
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OG Evaluation

OG Score
OG Score Rank #NA
Reviews 0
Gem Score N/A
Innovation 0 .00
Innovation Is this web3 project innovative and offers a unique solution to a problem that outperforms its competitors? Is there clear information about the product/service? Is it as good as advertised? How about the growth potential?
Security 0 .00
Security How robust is this network/contract and are there up-to-date technical audit reports? Has the network/contract been halted previously? Have there been any serious hacks or exploits?
Community 0 .00
Community Does the team actively prioritize community input and leverage on-chain voting for decision-making? Is decision-making equitable, or do the whales have undue influence? Are social media and marketing strategies effective and sustainable? Is their social media presence organic, or are manipulated by bots? Do they provide effective user support? Any airdrop for the community?
Tokenomics 0 .00
Tokenomics Does the token have strong and diverse use cases? Are there clear incentives or revenue sharing mechanisms for token holders? Is the token's inflation rate and vesting schedule well-balanced? How much of the supply is controlled by the team or whales? Is the TVL (Total Value Locked) or staked value proportionate to the market cap? Is there adequate liquidity across DEX and CEX pairs?
Team 0 .00
Team Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?
Roadmap 0 .00
Roadmap Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?

OG Reviews

Markets

Name Pair OG Score

About Project

What is Auroracoin (AUR)?

Auroracoin (AUR) is a cryptocurrency introduced on January 24, 2014, as an alternative to Bitcoin and the Icelandic króna. It was created under the pseudonym Baldur Friggjar Óðinsson with the goal of offering a decentralized and stable digital currency for Icelanders.

 

Distribution and Technology

Auroracoin's launch included a unique distribution method. Half of its total supply, 10.5 million coins, was premined and given to Icelandic citizens through an airdrop starting on March 25, 2014. This approach aimed to encourage widespread use among Icelanders.

 

In 2016, Auroracoin underwent a major upgrade, changing its technology to a multi-algorithm proof-of-work system. This update reduced the time between transactions and increased the total coin supply to 23.3 million, later adjusted to 17.97 million after some coins were burned.

 

Community and Development

In 2018, Auroracoin used 80% of its M1 fund to create the Icelandic Blockchain Foundation. This move aimed to support blockchain technology and cryptocurrency use in Iceland.

 

Auroracoin continues to be managed by volunteers and has released updates to improve its functionality. The project focuses on providing a secure and inflation-resistant currency alternative.

 

Summary

Auroracoin is a cryptocurrency that offers a decentralized option for Icelanders, with a unique distribution method and ongoing technological improvements. Its commitment to community and innovation makes it a notable player in the digital currency space.

What is unique about Auroracoin (AUR)?

Auroracoin (AUR) is unique for its national ID-enforced airdrop, which distributed half of its total supply directly to Icelandic citizens, aiming to promote widespread adoption within Iceland.

Who are the founders of Auroracoin (AUR)?

Auroracoin was created under the pseudonym Baldur Friggjar Óðinsson, with the team behind it including Myckel Habets, Mikael Hannes, and Martin Jansen.

Who are the backers/investors of Auroracoin (AUR)?

Auroracoin’s early funding came from the premined allocation of coins, with 10% of the coins allocated to the Auroracoin Foundation and 80% of the M1 fund later used to establish the Icelandic Blockchain Foundation.

Where can I buy Auroracoin (AUR)?

 Komodo Wallet

What are Auroracoin (AUR) user reviews/opinions?

OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like Auroracoin AUR. To access these ratings, evaluations, and comments, click here.

How to mine Auroracoin (AUR)? How can I stake Auroracoin (AUR)?

There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.

What is the circulating, max supply and market cap of Auroracoin (AUR)?

This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of  Auroracoin (AUR) is ($19,769,331), max supply of Auroracoin  AUR is ($0) and the market cap of Auroracoin  AUR is ($566,895)

What is the Auroracoin (AUR) price prediction?

Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!

What is the price of Auroracoin (AUR)?

The current market price of Auroracoin (AUR) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.

Is Auroracoin (AUR) a good investment?

It is important to do comprehensive research before deciding whether Auroracoin (AUR) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:

Is this type of digital asset considered legal in your country?

Does Coin (Auroracoin AUR) solve a good problem or offer the best solution?

Do products and services work effectively, and solutions are scalable?

Does the team have a realistic roadmap and can catch up with it?

Does Auroracoin (AUR) have reasonable and sustainable revenue income models?

Can the team market their products and services well?

How decentralized is the governance and how strong is the community?

Has it reached its fair market value yet?

Does the coin/token have enough trading pairs and liquidity?

As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Auroracoin (AUR) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.

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