Next Generation High Speed Internet Banking Has Landed on Google Play: https://twitter.com/UroFoundation/status/498970526140747776

Nuro brings the effortless power of highly response URO internet banking to all Android devices.

* Share the same username, password and PIN between devices to access your funds anywhere in the world, on all your devices, simultaneously.

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Nuro is a cross-platform HTML5 hybrid mobile wallet for multiple blockchain currencies made using Intel XDK and BlockCypher's JSON API.

This lightweight wallet the mimics net-banking behavior to reduce learning curve and processes transactions and queries via BlockCypher's JSON API for responsive performance even on slow internet connections.

Developed via Intel XDK and uses the Intel App Framework, Intel XDK JavaScript Bridge API and Apache Cordova for native look and feel on all mobile platforms including Android, iOS, Windows Phone, Blackberry, Tizen, Firefox, Amazon, Chrome and more with a single cross-platform code base.

Embedded within is coinutils-browserify, a client side JavaScript library for cryptocoin address generation, brain wallet private key management and ECDSA signature verification that bundles coininfo, coinkey, ecdsa and crypto-browserify along with other dependencies and some helper functions into an simple documented API that makes working with BlockCypher a breeze.

Since they annunced the delivery the price just dumpped!
For me isn't a good thing,  at this point I'm starting thinking this is a real good scam.

Source 1: http://www.energybackedmoney.com/chapter7.html

Source 2: http://www.theperfectcurrency.org/

Source 3: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2425270

All sources point to the fact that its a great idea to peg currencies to an energy intensive commodity.

DYOR

I have recently become doubtful of the backing behind Uro, as I could find nothing to indicate that  GES has enough of a market presence to underwrite this project. (or, indeed, any market presence at all.)
In fact, though Bohan is tremendous, and has added many great features to this coin to make it superior in it's own right, without backing I couldn't have supported this coin if it was based upon a lie, and there was no urea backing.
Rivaa is legitimate, yet not large enough to provide the necessary backing.
I am now pleased to announce that I have verified connections between Rivaa and several large and reputable companies who do indeed have the resources to back this project, and that it does fit within the scope of their established and successful businesses.

I couldn't find anything to indicate that nilesh  can support this deal.
As a last ditch effort, I returned to rivaa. I finally found some inter connections which I can release, and which will at least provide some  reassurance for the community.
I finally found a rivaa director with connections to seats on the boards of other companies with large market cap and a footprint in finance and
commodities trading, not as an importer exporter, but as futures trading.
As Uro is meant to act as a stored value token for trading, this indicates to me that the involvement of Rivaa is significant. with this information, I can now once again feel confident that there is backing and a long-term plan for the financial success of uro.
With all of the features being added, the coin itself is superior to many on the market.
I'm pleased to be back on the URO train.
PS I still don't trust nilesh.

corather make sure you do not get baited by the malicious members again. They are attempting to bait you as we speak. Remember the wisdom of Mark Twain.

corather and others: do not respond to the malicious members. Do not get angry over them. Consider them excommunicated.

Real questions can be asked on launchpad.net/uro

This forum is just for side line discussion.

corather did not answer those, I did. now have you bothered to email hk@gescommodity.com like the article sugested? I havent seen anyone bitching that they asked and didnt get a response. how about following the steps needed to open a dialogue with Nilesh if thats in fact what you want.

Gugli, i took the liberty of typing the questions so we dont have to clog this shit up with images. disclaimer, I am not a part of the uro foundation, protocol, or any affiliation other than i have been a moderator on the irc which i was asked to help with as maybe a vanity position as i donated 1.5BTC to block cypher project. needless to say any answers are my own thoughts on the questions which were not answered in depth enough by Bohan for your standards, or which were pawned off from Bohan to GES and remain unanswered.
2 a private crypto would be harder to secure, require centralized mining done at the office, and require pruchase of hardware and expenditure of electircity, these may be something they are not willing to undertake (though obviously could afford). if they were to only run a few miners they would leave the network open to hacks and 51% attacks easily. daytraders and speculators are not the end user, we're just keeping them warm for the businesses which will use them. the miners and our interest are what will keep the coin healthy until it is picked up by the businesses who will exchange them for urea
5 the July 21st Tender results are: http://pastebin.com/pYvbAfFJ Liven won by offering 120k urea at 274.77$ someone else can chime in i believe IPL is able to purchase more from others if they need it. something in my head stick out about this being a 1 million tender maybe im confusing the amount. if it was 1 million they'd just use the next handful of lowest bidders
7 Nilesh did the video I doubt hed do an AMA. as we can see Rivaa did not win the tender for July 21st, though according to the GES press release when Rivaa did complete the transaction they mentioned 2 other companies interested but did not state names. there is no way to know if those other 2 companies are a. winners of the ipl tender, or b. transacting uro>urea.
8 The information for Ureatradingindia was released in IRC yesterday, while Bohan said they were made aware their site lacks contact info, it has been offline since then most likely for a revamp. It is my opinion that all 4 niers are affiliated with GES as Vinnisean Pillay and Sigar Singh are representatives on GES commody site. Since their information has been there they dont need a formal introduction. its always been stated to verify with hk@gescommodity.com who will pass your information to the proper channel. obviously none of us speculators are real importers or we'd have some real information to share with eachother.
11 We can reasonably assume they are informing the clients who have the highest likelyhood of engaging in such a transaction and giving them the information. the daytraders have nothing to do with what the niers are up to. customers of theirs who are going to do buys with uro may cause a price spike if they buy in at once but are not responsible for long term or short term pricing.as 1 million of uro are transferred to the niers the well will dry up and the price will be forced to rise. so long as it provides double digit saving on bank transactions and is worth while to use as a payment vehicle. it will be bought and used as intended.
12 I dont think we need to micromanage the niers just because Bohan hasnt let us proofread documents about uro doesnt mean they dont exist or at least exist in some word of mouth format to anyone calling the niers for normal transactions.
14 Nilesh states on the video that GES started in 1998 in Cairo
15 they may have gotten press in a newspaper which would leave no digital trace. maybe they do it as a tax writeoff
17 maybe theyre waiting to get their uro before buying the book, or maybe they have no clue what to do with 1 million in uro. their business probably isnt built on speculation
25 the GES insolvency was shown to be resolved as per the records purchased here: http://www.scribd.com/doc/234251300/Green-Earth-credit-report though we dont have any information about nilesh bankruptcy proceedings, i imagine its a private matter.
30 when an order comes through the nier responsible for filling the order has 60-90 days to get urea from the manufacturer closest to the port they will use to that port. the nier would pay for the urea, and accept the uro. a buyer sends a boat to the niers port of choice and the urea is tested and loaded. that completes the transaction, buyer is responsible for navigating the urea to back to their base of operations.
32 it would be fine just to convince these people to use bitcoin, the object was to set up something with a stable price, not that its hard to worry that 1 metric ton costs .4 or .6 bitcoin at current price, the best way that uro helps is in the hedge function. if you want to just buy urea with fiat or bitcoin then whenever you want to buy it get your money or bitcoin together and do it (no risk there) but if you like the current price of $300 per uro you cant buy a bitcoin and expect it to be worth ~2 tons of urea sometime down the road, bitcoin could go up or down, and urea could go up or down. whatever amount of uro you get now is worth that amount in urea anytime from now until 10 years form now (how long the current protocol is valid) this is a hedge against fat, bitcoin, and urea price fluctuations.

Maybe for a bounty program for further tech development, marketing, business outreach, would be cool.

corather is community? >.<

Right behind ya, picking up a few myself.  It seems like almost every alt is dumping right now.

Good luck!

There is no Uro community

Its not rocket science ..........
URO is long term 3 - 5 years, GES will trade at a lost for the next 3 years until URO reaches the price of urea then they will profit.

Most commodity company's do this run at a lose for a while, So i can respect that...
The issue here is the delivery at 12,000 tons is unrealistic not even logically fallible...
UREA has a short shelf life, even if a entire country buys 12,000 tons what the fuck are the going to do with it...

If you could exchange 100 - 1000 URO for UREA tons and collect delivery that would make the price of URO even out to UREA, that is the idea of GES running at a loss until it evens out but thing is they are running a blatant con here, they confidently know the 12,000 tons is not even practice in anyway even for a entire country so they can look legit, thing is, if they where legit and doing it correctly URO would be a commodity pined to UREA, 1 uro = 1 urea... not 12,000 URO = 12,0000 UREA.... that's the game, that's the con, that's the swindle... its a confidence game, URO will NEVER NEVER NEVER EVER reach the price of 1 UREA for the delivery is to high, if the collection on the commodity was at 100 or 1000 we would see closer price gaps.

i think we should donate to the poor fudders who have no uro.
If the project succeeds, lets charter a jet and personally deliver some Uro to them.
As they think uro is piss, we'll have plenty of drinks on the plane to increase the wealth we shall shower upon them!
i think that video would go viral....