Could Noble be tied to a commodity? Just a thought watching UROCoin take off.
Something everyone needs yet is overlooked?
Also still think business on the blockchain may be of interest...
Random suggestions....
This has not been overlooked however it is not possible to simply state that URO is tied to Urea... IFFFF they indeed have signed contracts with suppliers of Urea, that means they (URO) had / has to give back something. In my opinion that can only mean that they either have given them a large stack of URO or they have made deals with the "cheapselling" Urea dealers (as they are located in India seems it is cheap so they would benefit from a rise in price). ps the idea of Uro is to create a trading platform for Urea (if i'm correct)
Anyway simply said that means that either a company has a LARGE stack or had insight in plans, therefore there isn't a fair distribution OR it is only working for the company's based in India and other Urea company's won't work with them.
So either way, it's very difficult and tricky to tie it to a commodity.
Edit, an example that tried to give a coin real value was the launch of Auroracoin, they made claims it would be given to all the people of Iceland, but we are still waiting for seeing them implemented / executed.