The first group is NOT giving their urea to the other group at some arbitrary 1 uro = 1 metric tonne of urea exchange rate.
Why not? The URO Protocol states they will. You may find it bizarre a company is willing to take a risk and give away a million tons of Urea for 1/20th of the price but guess what, this is called capitalism, people take risk in the hope of making bigger profit in the future. After the first order is confirmed, who would be stupid enough to dump their Urea at fire sale prices?
If you think they are, here is a brilliant idea for you: go create another "commodity currency" which will cost you hardly anything. Now go convince holders of that commodity to give you their commodity in return for your made up coins.
Well apparently true asset did convince 4 companies to accept this commodity. Now how much of the whole plan was concocted by Green Earth Systems themselves is debatable, but clearly it's a business venture and not "some dude" in his basement who says the coin is worth Urea.
Apparently you think they will do this based on the hope that everyone else will arbitrarily agree to the exchange rate as well.
And you can "hope" Bitcoin will be worth 1,000 dollars, and you can "hope" it will be worth 1 million but you have no clue because nothing in life is set in stone. Bitcoin could drop to 10 dollars tomorrow for all we know. Everyone seems to be holding out hope Wallstreet is going to come in and inject billions into it but for all we know they think it is just a silly token too. But if these 4 companies can prove they created a more efficient way of delivering Urea and reducing cost, yes other companies that sell Urea will see the benefit and join too.
And they will be so excited by this idea that they will incidentally make a bunch of totally non-contributing nerds rich, those nerds who were "smart" enough to stock up on the coins.
You mean like how all of us Bitcoin holders made all those nerds who mined thousands of Bitcoins for just a few dollars of electricity rich? And whom most of are not contributing anything to the crypto community but sitting on their ass enjoying their wealth? LOL welcome to the world of investing where the early dogs who took the risk make the bulk of the fortune.
And if you think "but wait! we already have companies signed up!" here is another clue: they either do not exist or will not come through.
Then why would they create it or sign onto it in the first place? And plenty of documents have been produced to prove Green Earth's existence.
Why don't you call them up yourselves and ask?
Here is your grand fatal flaw in all of this though. Speculation trumps everything, and if the MARKET decides it is worth 300 USD, it will. At one point Dogecoin reached almost an 80 million market cap at its height, this is actually how much it would take for 300k URO coins to be worth 300 dollars. Now do you really mean to tell me a generic coin with a dog on it is worth more than a digital commodity that can be traded for a real world good? If the Urea companies agree it has value, and the people agree it has value (and they will when the first shipment is proven and gone out) then the price will reflect this.