My compact humble analysis
1- Aurora coin is a scam.
The developer will not distribute the coins and already changed the initial mined coins (>3000) to other crypto or fiat currency and will run.
In my opinion he will not have a chance to run and enjoy the free money in the midterm. He will get a lot more in the other way, so, will be something really stupid.
2- Airdrop is a success, two options for free aurora coin receptors:
2.a. They will run to sell Auroras on currency exchanges to get the free money, dropping the value almost in few days after each coin distribution.
A human behavior typical of non-development countries. They will lost the main excuse to explain them self why the official currency money lost value in the last years. It will not be the Fiat system, the banks or the international economic ghost powers. The only reason will be “the human behavior”, particularly the Icelander citizens. They received an opportunity and will drop it out. Most crypto-currencies will suffer from this lost in the short and mid-term, doesn’t matter the algorithm or crypto-specifications. At the end, this situation will show that the human property accounting needs a central power to distribute and management the wealthy. They will return to the slavery situation because they want the other “Matrix pill”, Will be really sad.
2.b. They will invest the currency for the near future and next generations. There are many ideas and options. Aurora coin could be the pivot point to promote and expand Iceland tourism to the world and create the first country to export “crypto-farms services” in the world (means datacenters for crypto currency). They have low temps almost all year and cheap energy. They can sell Energy on internet, instead create a costly infrastructure to export to other countries. Aurora will not fully replace the local currency, but for sure could be the engine to sell services to the world with their own natural resources.
Disclaimer: I have a few Aurora coins (purchased at 0.07 BTC), so I believe in option 2b, even with the current lost.
Nice analysis. I own it around .08'ish. I will hold to see what happens. I would gladly trade all my AUR for a 49ers SuperBowl win.