I assume your question is what benefits Auroracoin has over other cryptocurrencies.

As such Auroracoin has the advantage of being distributed and publicly noticed in Iceland.
Auroracoin has no plans of technical advantage over other altcoins but has one of the highest rate for success because of it's distribution within Iceland.

As to why Iceland is a perfect place for a cryptocurrency economy to be born.
These are just some of the reasons what the benefits of Auroracoin are.

• Iceland has a small population of 330.000 people.
• We had a complete bank crash in 2008 making people more aware of the dangers the current monetary system.
• We have the highest internet usage in the world and people here easily adapt to new technologies.
• We had over 10% of the Icelandic nation claim their portion of Auroracoin in 2014.
• Everything can be executed in a small scale in a developed economy.

If there is a place in the world that cryptocurrencies would work it would be Iceland.