[ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea Fertilizer

[raskul]

Great News!!!!

So, the value of 1 URO will be equal to 1 Metric Tonne of UREA ....i.e. >200 USD ??

Can you please give us more details about the NIERs, their websites etc.

Green Earth Systems Limited: Global NIER
Urea Trading India Limited: India NIER
Crown Team Corporation Limited: China NIER
CCL Pillay Group: South Africa NIER

How to apply for various positions mentioned above?

How do you plan to pay for these positions?

I think we need to have our own website also.

• Yes the value of 1 MT Urea is currently between $300 and $600 USD depending on who you ask and buy from - this is one of the reasons why Uro is needed - to bring transparency to international Urea prices. The "typical" spot buying price is around $400 at the moment - if you have the right contacts.
• For the NIER positions you have to be a real Urea trading firm capable of supplying mass quantities of Urea (documents will be required to verify this). For all positions please post on this thread to apply.
• The positions will receive payment in Uro based on the growth of Uro. At the moment all positions are unpaid until we have finalized the constitution of the Uro Foundation (this is not to be confused with the Uro Protocol - which will be released this Friday and by ratified by next Monday)
• As you can understand Urea trading is an old art done mainly face to face until now, so many of these companies do not have a heavy web presence. However, at least Green Earth Systems has a website: http://gescommodity.com/ - we will update web site links once we have them

ah! the way you were talking it seemed the board positions had been filled.
so... you just pulled all this outta your ass? it is my belief that if you approach anyone related to any real world commodity and invite them to adopt your cryptocurrency, the responses you will get will be

"If we wanted to do that, we'd do it with bitcoin"

[1715479306]

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[raskul]

Mac wallet don't sync, no block source available...

You need to go to Help > Debug > Console and add some nodes. There are many nodes in the OP.

pah, don't have time to pffaff about.. i'll pass.

[true-asset]

Great News!!!!

So, the value of 1 URO will be equal to 1 Metric Tonne of UREA ....i.e. >200 USD ??

Can you please give us more details about the NIERs, their websites etc.

Green Earth Systems Limited: Global NIER
Urea Trading India Limited: India NIER
Crown Team Corporation Limited: China NIER
CCL Pillay Group: South Africa NIER

How to apply for various positions mentioned above?

How do you plan to pay for these positions?

I think we need to have our own website also.

• Yes the value of 1 MT Urea is currently between $300 and $600 USD depending on who you ask and buy from - this is one of the reasons why Uro is needed - to bring transparency to international Urea prices. The "typical" spot buying price is around $400 at the moment - if you have the right contacts.
• For the NIER positions you have to be a real Urea trading firm capable of supplying mass quantities of Urea (documents will be required to verify this). For all positions please post on this thread to apply.
• The positions will receive payment in Uro based on the growth of Uro. At the moment all positions are unpaid until we have finalized the constitution of the Uro Foundation (this is not to be confused with the Uro Protocol - which will be released this Friday and by ratified by next Monday)
• As you can understand Urea trading is an old art done mainly face to face until now, so many of these companies do not have a heavy web presence. However, at least Green Earth Systems has a website: http://gescommodity.com/ - we will update web site links once we have them

ah! the way you were talking it seemed the board positions had been filled.
so... you just pulled all this outta your ass? it is my belief that if you approach anyone related to any real world commodity and invite them to adopt your cryptocurrency, the responses you will get will be

"If we wanted to do that, we'd do it with bitcoin"

The 4 companies mentioned have officially joined the Uro Foundation. You are free to make you own inquires to confirm this for your own benefit. The sentence about applying for positions is to invite other members of the community to join.

[true-asset]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully with an empty cup and you will understand.

[raskul]

Great News!!!!

So, the value of 1 URO will be equal to 1 Metric Tonne of UREA ....i.e. >200 USD ??

Can you please give us more details about the NIERs, their websites etc.

Green Earth Systems Limited: Global NIER
Urea Trading India Limited: India NIER
Crown Team Corporation Limited: China NIER
CCL Pillay Group: South Africa NIER

How to apply for various positions mentioned above?

How do you plan to pay for these positions?

I think we need to have our own website also.

• Yes the value of 1 MT Urea is currently between $300 and $600 USD depending on who you ask and buy from - this is one of the reasons why Uro is needed - to bring transparency to international Urea prices. The "typical" spot buying price is around $400 at the moment - if you have the right contacts.
• For the NIER positions you have to be a real Urea trading firm capable of supplying mass quantities of Urea (documents will be required to verify this). For all positions please post on this thread to apply.
• The positions will receive payment in Uro based on the growth of Uro. At the moment all positions are unpaid until we have finalized the constitution of the Uro Foundation (this is not to be confused with the Uro Protocol - which will be released this Friday and by ratified by next Monday)
• As you can understand Urea trading is an old art done mainly face to face until now, so many of these companies do not have a heavy web presence. However, at least Green Earth Systems has a website: http://gescommodity.com/ - we will update web site links once we have them

ah! the way you were talking it seemed the board positions had been filled.
so... you just pulled all this outta your ass? it is my belief that if you approach anyone related to any real world commodity and invite them to adopt your cryptocurrency, the responses you will get will be

"If we wanted to do that, we'd do it with bitcoin"

The 4 companies mentioned have officially joined the Uro Foundation. You are free to make you own inquires to confirm this for your own benefit. The sentence about applying for positions is to invite other members of the community to join.

OK, best of luck with it.

[gpuminer]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully without an empty cup and you will understand.

u don't understand how crypto works and u dont understand my question.

URO is back by Urea. The price of 1 MT Urea is currently between $300 and $600. BUT i can buy 1 URO at exchange for 0.50 USD right now and possibly in the future. Who is going to back the price of URO at the exchange ?

I can buy 1 URO at exchange for 0.50 USD and sell it for 1 MT Urea and sell that 1 MT Urea for $300 USD.

Are you sure u understand the whole situation ?

[true-asset]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully without an empty cup and you will understand.

u don't understand how crypto works and u dont understand my question.

URO is back by Urea. The price of 1 MT Urea is currently between $300 and $600. BUT i can buy 1 URO at exchange for 0.50 USD right now and possibly in the future. Who is going to back the price of URO at the exchange ?

We are not concerned with the BTC exchange. We are building a Urea exchange. Market forces will naturally affect the value of Uro on the open market exchanges - because naturally, if some one wants to buy Urea and the cheapest way is to buy Uro with BTC then by Urea with Uro - then thats is what they will do - until the price of Uro appreciates to equilibrium value.

[majeis]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully without an empty cup and you will understand.

If any of this were even remotely true, then why aren't the companies involved mass-buying every last URO in existence right now in order to profit in the future? I mean, they're companies, right? They like profit, right? So if the companies involved in your venture don't even want to buy at a fraction of a price now what they've committed to paying later, then why should anyone believe you?

[gpuminer]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully without an empty cup and you will understand.

u don't understand how crypto works and u dont understand my question.

URO is back by Urea. The price of 1 MT Urea is currently between $300 and $600. BUT i can buy 1 URO at exchange for 0.50 USD right now and possibly in the future. Who is going to back the price of URO at the exchange ?

We are not concerned with the BTC exchange. We are building a Urea exchange. Market forces will naturally affect the value of Uro on the open market exchanges - because naturally, if some one wants to but Urea and the cheapest way is to buy Uro with BTC then by Urea with Uro - then thats is waht they will do - until the price of Uro appreciates to equilibrium value.

Ok. There u go. That is the answer to my question. U finally understand what i am asking.

Therefore, based on your answer, URO is not back by anything but market buy and sell which is exactly the same as any other crypto currencies like Ratcoin , dogecoin , or darkcoin ect. All of them are back by market buy and sell.

U mention that URO is back by 1 MT Urea. It's incorrect and misleading at best.

[true-asset]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully without an empty cup and you will understand.

If any of this were even remotely true, then why aren't the companies involved mass-buying every last URO in existence right now in order to profit in the future? I mean, they're companies, right? They like profit, right? So if the companies involved in your venture don't even want to buy at a fraction of a price now what they've committed to paying later, then why should anyone believe you?

The announcement was made only 1 hour ago, so it takes time for the people to purchase BTC and buy Uro. Also, not all compaies are driven solely by greed. Finally, the Uro Protocol will answer more of your uncertainties.

I want to reiterate that this backing is 100% true. By next Tuesday, you will be able to by Urea using Uro - at the price of 1 Uro = 1 MT of Urea.

[raskul]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully without an empty cup and you will understand.

If any of this were even remotely true, then why aren't the companies involved mass-buying every last URO in existence right now in order to profit in the future? I mean, they're companies, right? They like profit, right? So if the companies involved in your venture don't even want to buy at a fraction of a price now what they've committed to paying later, then why should anyone believe you?

i gave it about 3 minutes of thought. wallet didn't sync - i'm out.
hypothetically speaking;
lets say you have a farmer who wants to buy Urea with Uro and he goes to install the wallet from your upcoming website.
he has big clumsy hands and he wants to go feed his pigs, but he has managed to buy some Uro from your exchange and now needs to transfer the Uro to his wallet. (he didn't realise he needed a wallet)
So, he installs the wallet and lo and behold, it won't sync.

his Uro are now stuck between the exchange and a wallet that doesn't sync, meanwhile, price appreciation fluctuation means that he is missing out on a good deal.

Too many real world problems with this, it ain't gonna work until you get a working client that sync's up from initial run without the need to search through pages of FAQ to get it working.

[true-asset]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully without an empty cup and you will understand.

u don't understand how crypto works and u dont understand my question.

URO is back by Urea. The price of 1 MT Urea is currently between $300 and $600. BUT i can buy 1 URO at exchange for 0.50 USD right now and possibly in the future. Who is going to back the price of URO at the exchange ?

We are not concerned with the BTC exchange. We are building a Urea exchange. Market forces will naturally affect the value of Uro on the open market exchanges - because naturally, if some one wants to but Urea and the cheapest way is to buy Uro with BTC then by Urea with Uro - then thats is waht they will do - until the price of Uro appreciates to equilibrium value.

Ok. There u go. That is the answer to my question. U finally understand what i am asking.

Therefore, based on your answer, URO is not back by anything but market buy and sell which is exactly the same as any other crypto currencies like Ratcoin , dogecoin , or darkcoin ect. All of them are back by market buy and sell.

Actually you cannot be more wrong. Next Tuesday I will be able to buy 1 MT of Urea with my each of my Uro - try doing that with Dogecoin next Tuesday and see how far you get.

[raskul]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully without an empty cup and you will understand.

u don't understand how crypto works and u dont understand my question.

URO is back by Urea. The price of 1 MT Urea is currently between $300 and $600. BUT i can buy 1 URO at exchange for 0.50 USD right now and possibly in the future. Who is going to back the price of URO at the exchange ?

We are not concerned with the BTC exchange. We are building a Urea exchange. Market forces will naturally affect the value of Uro on the open market exchanges - because naturally, if some one wants to but Urea and the cheapest way is to buy Uro with BTC then by Urea with Uro - then thats is waht they will do - until the price of Uro appreciates to equilibrium value.

Ok. There u go. That is the answer to my question. U finally understand what i am asking.

Therefore, based on your answer, URO is not back by anything but market buy and sell which is exactly the same as any other crypto currencies like Ratcoin , dogecoin , or darkcoin ect. All of them are back by market buy and sell.

Actually you cannot be more wrong. Next Tuesday I will be able to buy 1 MT of Urea with my each of my Uro - try doing that with Dogecoin next Tuesday and see how far you get.

i think you'll find the toy exchanges (and their users) will actually dictate the price/value of your altcoin.

[gpuminer]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully without an empty cup and you will understand.

u don't understand how crypto works and u dont understand my question.

URO is back by Urea. The price of 1 MT Urea is currently between $300 and $600. BUT i can buy 1 URO at exchange for 0.50 USD right now and possibly in the future. Who is going to back the price of URO at the exchange ?

We are not concerned with the BTC exchange. We are building a Urea exchange. Market forces will naturally affect the value of Uro on the open market exchanges - because naturally, if some one wants to but Urea and the cheapest way is to buy Uro with BTC then by Urea with Uro - then thats is waht they will do - until the price of Uro appreciates to equilibrium value.

Ok. There u go. That is the answer to my question. U finally understand what i am asking.

Therefore, based on your answer, URO is not back by anything but market buy and sell which is exactly the same as any other crypto currencies like Ratcoin , dogecoin , or darkcoin ect. All of them are back by market buy and sell.

Actually you cannot be more wrong. Next Tuesday I will be able to buy 1 MT of Urea with my each of my Uro - try doing that with Dogecoin next Tuesday and see how far you get.

Let see how it goes. I don't think it's going to happen. 1 URO value is 0.50 USD and 1 MT Urea is at least $300. The company selling you real MT Urea will be bankrupt in a day.

[true-asset]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully without an empty cup and you will understand.

If any of this were even remotely true, then why aren't the companies involved mass-buying every last URO in existence right now in order to profit in the future? I mean, they're companies, right? They like profit, right? So if the companies involved in your venture don't even want to buy at a fraction of a price now what they've committed to paying later, then why should anyone believe you?

i gave it about 3 minutes of thought. wallet didn't sync - i'm out.
hypothetically speaking;
lets say you have a farmer who wants to buy Urea with Uro and he goes to install the wallet from your upcoming website.
he has big clumsy hands and he wants to go feed his pigs, but he has managed to buy some Uro from your exchange and now needs to transfer the Uro to his wallet. (he didn't realise he needed a wallet)
So, he installs the wallet and lo and behold, it won't sync.

his Uro are now stuck between the exchange and a wallet that doesn't sync, meanwhile, price appreciation fluctuation means that he is missing out on a good deal.

Too many real world problems with this, it ain't gonna work until you get a working client that sync's up from initial run without the need to search through pages of FAQ to get it working.

We are releasing an updated wallet with seed nodes embedded soon. An Electrum fork is already in alpha stage and will also be available in the coming months. Yes - I agree its currently not very friendly for a typical farmer - but if you read the OP - you will see that there have been Milestones set to solve these problems.

[gpuminer]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully without an empty cup and you will understand.

If any of this were even remotely true, then why aren't the companies involved mass-buying every last URO in existence right now in order to profit in the future? I mean, they're companies, right? They like profit, right? So if the companies involved in your venture don't even want to buy at a fraction of a price now what they've committed to paying later, then why should anyone believe you?

i gave it about 3 minutes of thought. wallet didn't sync - i'm out.
hypothetically speaking;
lets say you have a farmer who wants to buy Urea with Uro and he goes to install the wallet from your upcoming website.
he has big clumsy hands and he wants to go feed his pigs, but he has managed to buy some Uro from your exchange and now needs to transfer the Uro to his wallet. (he didn't realise he needed a wallet)
So, he installs the wallet and lo and behold, it won't sync.

his Uro are now stuck between the exchange and a wallet that doesn't sync, meanwhile, price appreciation fluctuation means that he is missing out on a good deal.

Too many real world problems with this, it ain't gonna work until you get a working client that sync's up from initial run without the need to search through pages of FAQ to get it working.

We are releasing an updated wallet with seed nodes embedded soon. An Electrum fork is already in alpha stage and will also be available in the coming months. Yes - I agree its currently not very friendly for a typical farmer - but if you read the OP - you will see that there have been Milestones set to solve these problems.

a typical farmer dont understand bitcoin. How can u expect them to understand URO ? The only way to buy URO is using BTC. There isn't any URO / USD market.

[true-asset]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully without an empty cup and you will understand.

u don't understand how crypto works and u dont understand my question.

URO is back by Urea. The price of 1 MT Urea is currently between $300 and $600. BUT i can buy 1 URO at exchange for 0.50 USD right now and possibly in the future. Who is going to back the price of URO at the exchange ?

We are not concerned with the BTC exchange. We are building a Urea exchange. Market forces will naturally affect the value of Uro on the open market exchanges - because naturally, if some one wants to but Urea and the cheapest way is to buy Uro with BTC then by Urea with Uro - then thats is waht they will do - until the price of Uro appreciates to equilibrium value.

Ok. There u go. That is the answer to my question. U finally understand what i am asking.

Therefore, based on your answer, URO is not back by anything but market buy and sell which is exactly the same as any other crypto currencies like Ratcoin , dogecoin , or darkcoin ect. All of them are back by market buy and sell.

Actually you cannot be more wrong. Next Tuesday I will be able to buy 1 MT of Urea with my each of my Uro - try doing that with Dogecoin next Tuesday and see how far you get.

Let see how it goes. I don't think it's going to happen. 1 URO value is 0.50 USD and 1 MT Urea is at least $300. The company selling you real MT Urea will be bankrupt in a day.

You completely underestimate the size of the Urea industry. Understand that just one Urea factory can cost over 1 Billion USD. Now think of how many factories that are in the whole world - then think of how much Urea is being produced daily by these factories - I hope that can help you form a clearer picture of things.

[raskul]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully without an empty cup and you will understand.

If any of this were even remotely true, then why aren't the companies involved mass-buying every last URO in existence right now in order to profit in the future? I mean, they're companies, right? They like profit, right? So if the companies involved in your venture don't even want to buy at a fraction of a price now what they've committed to paying later, then why should anyone believe you?

i gave it about 3 minutes of thought. wallet didn't sync - i'm out.
hypothetically speaking;
lets say you have a farmer who wants to buy Urea with Uro and he goes to install the wallet from your upcoming website.
he has big clumsy hands and he wants to go feed his pigs, but he has managed to buy some Uro from your exchange and now needs to transfer the Uro to his wallet. (he didn't realise he needed a wallet)
So, he installs the wallet and lo and behold, it won't sync.

his Uro are now stuck between the exchange and a wallet that doesn't sync, meanwhile, price appreciation fluctuation means that he is missing out on a good deal.

Too many real world problems with this, it ain't gonna work until you get a working client that sync's up from initial run without the need to search through pages of FAQ to get it working.

We are releasing an updated wallet with seed nodes embedded soon. An Electrum fork is already in alpha stage and will also be available in the coming months. Yes - I agree its currently not very friendly for a typical farmer - but if you read the OP - you will see that there have been Milestones set to solve these problems.

a typical farmer dont understand bitcoin. How can u expect them to understand URO ? The only way to buy URO is using BTC. There isn't any URO / USD market.

I agree, there shouldn't have been a launch for this without a) a working wallet and b) a fiat exchange.

i don't believe for a minute that you will be able to buy up all the Uro in existence (and keep buying it) to sustain the prices you are talking about.
You should have kept it well away from the toy exchanges.

[majeis]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully without an empty cup and you will understand.

If any of this were even remotely true, then why aren't the companies involved mass-buying every last URO in existence right now in order to profit in the future? I mean, they're companies, right? They like profit, right? So if the companies involved in your venture don't even want to buy at a fraction of a price now what they've committed to paying later, then why should anyone believe you?

i gave it about 3 minutes of thought. wallet didn't sync - i'm out.
hypothetically speaking;
lets say you have a farmer who wants to buy Urea with Uro and he goes to install the wallet from your upcoming website.
he has big clumsy hands and he wants to go feed his pigs, but he has managed to buy some Uro from your exchange and now needs to transfer the Uro to his wallet. (he didn't realise he needed a wallet)
So, he installs the wallet and lo and behold, it won't sync.

his Uro are now stuck between the exchange and a wallet that doesn't sync, meanwhile, price appreciation fluctuation means that he is missing out on a good deal.

Too many real world problems with this, it ain't gonna work until you get a working client that sync's up from initial run without the need to search through pages of FAQ to get it working.

We are releasing an updated wallet with seed nodes embedded soon. An Electrum fork is already in alpha stage and will also be available in the coming months. Yes - I agree its currently not very friendly for a typical farmer - but if you read the OP - you will see that there have been Milestones set to solve these problems.

a typical farmer dont understand bitcoin. How can u expect them to understand URO ? The only way to buy URO is using BTC. There isn't any URO / USD market.

But they claim that they have a fixed value, so they've obviously transcended such primitive concepts like supply and demand  

[gpuminer]

so who is going to back URO price for 1 MT Urea price ? i don't think anyone is capable of doing that in crypto. Look at the buy order at exchange. Its no where near the value of 1 MT Urea.

The NIERs will by signing an ratifying the Uro Protocol which binds members to a clear set of procedures for exchanging Uro for Urea. Currently, we have the following companies on board. More are joining in the coming months.

• Green Earth Systems Limited: Global NIER
• Urea Trading India Limited: India NIER
• Crown Team Corporation Limited: China NIER
• CCL Pillay Group: South Africa NIER

U didnt answer the question. Who is going to back the price ? Who is going to set 1000 BTC buy order at exchange to back the price ? The person or group need to set at least 1000 BTC buy order to back URO price for 1 MT Urea and they have to top up the amount frequently to feed miner. And i dont see anything close happen to any crypto currency because it's not feasible to back a  crypto currency with anything.

Uro is being backed against Urea, not BTC. Please read the announcement carefully without an empty cup and you will understand.

u don't understand how crypto works and u dont understand my question.

URO is back by Urea. The price of 1 MT Urea is currently between $300 and $600. BUT i can buy 1 URO at exchange for 0.50 USD right now and possibly in the future. Who is going to back the price of URO at the exchange ?

We are not concerned with the BTC exchange. We are building a Urea exchange. Market forces will naturally affect the value of Uro on the open market exchanges - because naturally, if some one wants to but Urea and the cheapest way is to buy Uro with BTC then by Urea with Uro - then thats is waht they will do - until the price of Uro appreciates to equilibrium value.

Ok. There u go. That is the answer to my question. U finally understand what i am asking.

Therefore, based on your answer, URO is not back by anything but market buy and sell which is exactly the same as any other crypto currencies like Ratcoin , dogecoin , or darkcoin ect. All of them are back by market buy and sell.

Actually you cannot be more wrong. Next Tuesday I will be able to buy 1 MT of Urea with my each of my Uro - try doing that with Dogecoin next Tuesday and see how far you get.

Let see how it goes. I don't think it's going to happen. 1 URO value is 0.50 USD and 1 MT Urea is at least $300. The company selling you real MT Urea will be bankrupt in a day.

You completely underestimate the size of the Urea industry. Understand that just one Urea factory can cost over 1 Billion USD. Now think of how many factories that are in the whole world - then think of how much Urea is being produced daily by these factories - I hope that can help you form a clearer picture of things.

yeah. If this works. I will be a millionaire just by sitting at home mining and farmer working their ass off on the field. Thanks for that.  

If it sounds too good to be true, guess what usually happens.