Post
Topic
Board Announcements (Altcoins)
Re: [Moderated] [ANN][URO] First Urea Commodity Token: 1 Uro = 1 Metric Tonne Urea
by
wasobot
on 02/09/2014, 13:13:29 UTC
1 Uro is around $0.50, but 1 ton of urea is around $300 so 1 Uro is worth around 3lbs of urea, but not a whole ton or am I missing something here?

1 URO is worth exactly 1 metric tonne of agricultural prilled urea N46: a fertilizer consisting of white crystalline solids containing 46%
nitrogen.

1 metric tonne is approximately 2,204 lb

http://uro.io/UroProtocol.pdf
So who has actually traded in their Uro for their fertilizer? The reason the gold standard didn't work is
because no one ever came and picked up their gold from the bank.
im halfway through, now figuring some logistics.

This is good news then.. once you become successful, many likewise will follow your footsteps.

i dont think success will be made public, i dont want to help john getting rich after all XD, but if i discover irregularities along the way, they WILL be made public.
so far everything has been good, Uro Foundation and GES has been very helpful considering i personally have no experience at all in imports.

So many irregularities have already been identified!!
Are you going to wait until you've lost all your money to find irregularities??
What difference will it make to reveal even more irregularities public then? They'll just call you FUD & then say,  "too bad, you should have done your research & you invest at your own risk, not theirs!" You'll also be told, "Please understand that investments into Urocoin should be based on your own confidence."

If you already have an inkling of doubt, don't invest & don't encourage others to do so either!
Not right that others should lose their money. You should publish any doubts now, not later, what is the point of that? Then you may truly help those farmers, yourself & others.




I haven't encouraged anyone to buy, i said very clear i will no use the success of my deal to pump the price by hyping.

About the first part of the post, you would have to understand the process that is followed in order to buy UREA with URO and have it shipped somewhere, the "irregularities" you point out are simply some flags that could mean anything, and not real irregularities in the process.

-for example, an irregularity would be that i pay with URO and the Urea never arrives to port, or that the Urea is of lesser quality than advertised.

do you understand the process and where (in the process) are the risks in order to purchase the UREA.


i will leave you unignored for a while waiting for your answer, if you really want to know then write and i will answer you honestly.