URA
What is Central Ura?
Resource Mobilization Inc, its successors, and assigns (“RMI”), by board resolution on 11/14/14 adopted the acronym URA, derived from the Universal Receivables Assignment to be the name of the money drawn on its existing US-dollar receivables and the Ura Monetary System serendipitously emerged. The qualifier “Central” represents the global nature of Ura. Thus, Central Ura (“Ura” or “URA”), denoted by the currency code URU, and the Currency Symbol {insert Ura currency symbol here} is the official unit of currency within the Ura Monetary System, and is abbreviated with the Ura symbol (insert Ura symbol here} or “U” or “u”. Central Ura Organization LLC, a limited liability company registered in the State of Ohio in the United States of America, its successors, and assigns (“CUO”), is authorized by Resource Mobilization Inc (RMI) to be the sole global authority over the Ura Monetary System. CUO in turn has mandated the Central Ura Reserve Limited (“CUR”) and the Central Ura Reserve Management LLC (“CURM”) to circulate and manage Central Ura as global honest money for use in everyday economic activities.
Central Ura (“Ura” or “URA”) is a Complementary Currency that is a complement to, not a replacement for, Fiat and other forms of money. Central Ura derives its value not on faith or speculation but from the underlying value of the assets it is drawn on. The assets that Ura is drawn on are Central Receivable Units (“CRU”), which are units of existing United States (U.S.) dollar-based receivables owned and held by Resource Mobilization Inc.’s (“RMI” or “Issuer”) referred to as “Ura Reserve” or “Reserve”, which are debts that are owed to RMI in US dollars. The value of Ura is consistently equivalent to the value of the reserve, which means that Ura is drawn on RMI’s assets at an exchange rate equal to the reserve value, the current value of 1 Ura is equal to US$136.04.
Why Central Ura?
CUO believes that the fiat monetary system establishment excluded a significant portion of the world as it overlooked the interests of the developing world in the arena of exchange of value. The exclusion of these countries though not deliberate has had several negative consequences. These countries have limited access to international capital markets, which hampers their economic growth. They also have difficulty managing their economies effectively and are more vulnerable to financial instability.
The fiat monetary system, despite its dominance as a system that has significantly supported sustained economic growth since its establishment, requires augmentation to overcome and address these issues. It is now common knowledge that reforms that prioritize an inclusive system that encompasses all countries, enhance stability to reduce currency fluctuations and volatility and ensure equal access to resources for economic growth are needed. By tackling these challenges, a more equitable and stable global monetary system that benefits all nations and fosters sustainable economic growth will emerge.
Central Ura is a serendipitous solution to many of the shortcomings and exclusions of the fiat monetary system and empowers its core functions as a medium of exchange, a unit of account, a store of value, and a standard of deferred payment. RMI, the issuer of Central Ura, did not intentionally seek to address these shortcomings but found itself in possession of the receivables on which Ura is drawn at an opportune time. Recognizing the need for a more inclusive and stable monetary system, the issuer seized the opportunity to introduce Ura as global honest money. CUO believes that using Central Ura to protect from fiat shortcomings and exclusions problems is a strategy that should be accessible to people, businesses, and nations everywhere.
Central Ura, unlike fiat currencies which are issued by governments and subject to government intervention, is not subject to the same pressures. Central Ura has the same level of safeguards as fiat while overcoming its inherent shortfalls and the problem of exclusion while maintaining its unique advantages as a privately issued form of money. Ura is a complement to, not a replacement for, fiat currencies and other forms of money. As a result, Ura holds the potential to be more stable money for everyone to pay for goods and services and settle financial transactions and debts, including taxes.
Ura is available through the Ura Monetary Structure, which is a replica of the traditional monetary structure. This demonstrates that Ura is a stable and reliable monetary system that is based on proven principles. Within the Ura Monetary Structure, all institutions embody the same essential elements as their counterparts in the existing traditional fiat monetary systems, including their organizational structure, regulatory framework, and core functions.
Unique Value Propositions (UVPs) of Central Ura
Ura is positioned to be honest money to augment the fiat monetary system. It distinguishes itself from fiat currencies and other forms of money through its inherent reliability and trustworthiness. These qualities make Ura a standout choice, and its unique value propositions (UVPs) further solidify this position. Ura’s unique value propositions (UVPs) include:
Intrinsic Value
Ura is 100% drawn on the issuer’s US-dollar-denominated assets referred to as “Ura Reserve” or “Reserve”. This means that 1 unit of Ura is equal in value to 1 unit of the Reserve which is US$136.04 as of the date of this publication. In other words, Ura has inherent worth beyond its use as a medium of exchange. This is because Ura’s value is tied to the value of the underlying assets on which it is drawn. Even if Ura is not being used to buy or sell goods or services, it still has a value equal to the reserve value.
Privately Issued
Ura is privately issued honest money that has the same level of safeguards as fiat while overcoming its inherent shortfalls and the problem of exclusion. The value of Ura is not based on faith or speculation but on the underlying value of the assets it is drawn on. This means that the value of Ura is not based on people’s belief in its value but on the actual value of the assets that it is drawn on. The assets that Ura is drawn on are US dollar-denominated receivables, which are debts that are owed to Resource Mobilization Inc (RMI) in US dollars. Therefore, Ura is not a cryptocurrency, Ura is not fiat issued by any government, Ura is not an Exchange Traded Fund (“ETF”), Ura is not a security or collective investment scheme because Ura does not grant to Ura users any voting or ownership rights, any return on investment; or any profit or passive income from Ura utilization, rather Ura is the evidence of the actual assets it is drawn on.
Exchange Rate
The Current exchange rate as of this publication date is 1 Ura is equal to US$136.04 (the “Rate”). This rate is backed by the issuer’s US-dollar-denominated Ura reserve, which provides stability and predictability for Ura users. This rate is a reference point for the market including investors and businesses to have an idea of how much Ura is worth in any fiat currency or alternative form of money. This makes Ura a more reliable medium of exchange for all types of payments, transactions, and investments because it reduces currency volatility compared to fiat currencies and alternative forms of money.
Global Currency
Ura is a global currency because its reserve is denominated in US dollars. The US dollar is the world’s reserve currency, and its widespread acceptance in global trade and finance makes Ura easily exchangeable and readily acceptable within and across borders. The reserve on which Ura is drawn provides stability and reassurance to users as it draws on the strength and credibility of the US dollar on a global scale. As a result of its US dollar-denominated reserve, Ura emerges as a truly global currency, offering an easily acceptable, convertible, and preferred medium of exchange for trade and finance in today’s interconnected world.
Global Money
Ura is global money because its reserve is comprised of receivables that are compliant with the United Nations Convention on the Assignment of Receivables in International Trade (the “UN Convention” or “Convention”). Ura harnesses the strength of its reserve of Convention-compliant receivables to provide Ura users with a range of compelling advantages, including standardized rules, streamlined procedures, and enhanced legal certainty which combined have enabled seamless cross-border trade and facilitated access to capital on a global scale. By adhering to the principles of the UN Convention, Ura is a consistent and reliable money that governments, businesses and individuals can leverage to operate with confidence in the global marketplace.
Honest Money
Ura is honest money that is different from fiat currencies and alternative forms of money in several ways. First, Ura is not subject to government control or manipulation. This means that the value of Ura is not affected by political instability or economic crises. Second, Ura is drawn on a reserve of receivables, which provides a strong foundation for its value. Third, Ura is governed by a transparent and accountable system, which ensures that users can trust its integrity. These exceptional characteristics position Ura as a valuable currency for government, businesses, and individuals seeking reliability and trustworthiness for trade, storing value, making payments, hedging against inflation and deflation, and investment. Moreover, Ura facilitates access to international markets and fosters seamless trade with other countries.
Monetary System Enhancement
Ura augments the existing fiat monetary system by serving as an additional form of money, effectively addressing the limitations of fiat currencies, such as inflation, deflation, government control and manipulation, and currency volatility. In doing so, Ura provides supplementary advantages that enhance the functionality of money and offers a dependable and stable alternative for government, businesses, and individuals seeking a reliable medium of exchange for trade and finance. Importantly, Ura operates to augment the global monetary system, seamlessly integrating with the existing financial systems while introducing essential improvements.
Fiat Complement
Ura is naturally designed to operate alongside fiat currencies and alternative forms of money augmenting the fiat monetary system, serving as a complementary addition rather than seeking to replace them. The purpose of Ura’s design is to foster collaboration and coexistence rather than competition or exclusivity. This approach encourages cooperation between different monetary systems, facilitating an interconnected financial ecosystem that caters to the diverse needs of a wide range of users. Recognizing that different currencies and alternative forms of money serve distinct purposes, Ura’s complementarity expands the options available to users, empowering them to choose the most suitable form of money to meet their specific needs. By complementing existing fiat systems, Ura enhances the overall financial landscape, offering increased capital, flexibility, and choice of money for financial transactions.
Seamless Integration with Fiat Systems
Ura seamlessly integrates with existing fiat monetary systems, using the same distribution mechanisms, processes, and practices used for fiat in fiat systems. However, unlike fiat currencies which are typically backed by fractional reserves, Ura has a mandatory 100% reserve mandate. This means that for every Ura in circulation, there is US$136.04 in real assets backing it up under the custody and management of the Ura issuing, circulating, and distributing institutions. This ensures continuous liquidity for Ura in circulation and reinforces its status as a reliable and trustworthy global currency.
Depositors Protection
It has enhanced comprehensive depositors’ protection insurance. This differentiates the Ura Monetary Structure from the fiat structure that uses traditional deposit insurance schemes, which typically have limits on the amount of money that is insured, the Ura Monetary Structure comprehensive depositor’s protection insurance has no limits. This means that all Ura deposits, whether above or below the traditional bank or national limits, are fully protected. For example, if you have $1,000,000 in Ura deposited in a Ura institution, and that institution fails, you will get your full $1,000,000 back. This is a significant difference from traditional deposit insurance schemes, which often have limits.
Overall, Central Ura seeks to provide an additional layer of value and functionality augmenting and strengthening the existing financial ecosystem by offering money that complements fiat currencies and alternative forms of money.
Central Ura is Not
Central Ura is not a cryptocurrency such as the URA Market Coin, URAllowance, or any other cryptocurrency called URA. Central Ura is not fiat issued by any government of any territory beginning with the letter U, including the governments of Uganda, Ukraine, United Arab Emirates, United Kingdom, Uruguay, and Uzbekistan, USA, Utah etc. Central Ura is not a currency of any other company except Central Ura Reserve Limited, a limited liability company incorporated in the State of Ohio, its successors, and assigns (CUR) in terms of authority granted by Central Ura Organization LLC, a limited liability company incorporated in the State of Ohio in the USA, its successors, and assigns (CUO). Central Ura is not issued by URA Holdings PLC a UK-based publicly traded company dealing with mines, URA is not issued by any government’s Revenue Authority or Urban Redevelopment Authority, any other government body, University Research Administration, Urban Renewal Authority, Villa URA, URA Hotels, URA Hostels, URA scented candle, Ura is not an Exchange Traded Fund, ETF, such as the Uranium ETF, or Global X Uranium ETF. Central Ura is not a closed cooperative circuit community-based currency like URA, based on the value of hours and labour. Ura is not a foreign currency in terms of the definition, Based on the famous Howey test, Ura is not a security or collective investment scheme because Ura does not grant to Ura users any voting or ownership rights, any return on investment; or any profit or passive income from Ura utilization. Therefore, Ura is not security and is not intended to constitute security in any jurisdiction and Ura is not registered with any government entity as security and shall not be considered as such. Rather, Central Ura is a complementary currency to fiat currency everywhere.
Acquiring Central Ura
To obtain and use Central Ura, you need to exchange assets, products, or services (the “Product”) that hold an equivalent value to the desired amount of Central Ura. You can exchange your product(s) of equal value for Central Ura with individuals or entities who already possess Central Ura and are willing to trade their Central Ura for your product(s) of equivalent value that you possess and are willing to exchange. It is important to note that simply stating your adoption or acceptance of Central Ura as money or currency does not mean that you have acquired Central Ura; you must actively exchange your product(s) of value for an equivalent value of Central Ura to possess Central Ura and use it for your intended purposes.
Earning Profits with Central Ura
To generate profits or earn income using Central Ura you have acquired, you will need to engage in some form of trading activities with Central Ura on your own or through the efforts of others. Merely storing Central Ura will retain the value of Central Ura you hold, but to generate profits or earn income you must actively trade with Central Ura adhering to conventional trading practices.