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Auroracoin (AUR): The First Recorded Airdrop Happened Five Years Ago Today

Published 03/25/2019, 01:36 PM
Updated 03/25/2019, 02:42 PM
Auroracoin (AUR): The First Recorded Airdrop Happened Five Years Ago Today

Auroracoin (AUR) has the distinction of being the first recorded airdrop, happening in March 2014 and marking its five-year anniversary. The Airdrop alert blog, which has since documented multiple campaigns to distribute coins and tokens, recalled the event as a benchmark to measure how far the crypto sector has developed.

Iceland was one of the countries most heavily affected by the liquidity and trust crisis unleashed in 2008, with long-term repercussions for the local financial sector. In 2014, as the Icelandic economy still reeled from the crisis, Auroracoin was launched. On March 25, eligible Icelandic citizens that had signed up for the airdrop received their coins. The Auroracoin Foundation distributed 50% of the coin’s supply during the airdrop events in 2014. AUR is also a minable asset.

The Icelandic krona fluctu...

This article appeared first on Cryptovest

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