1. Where to ask questions about using the URA platform?
1a. Questions about registering for a URA account and logging on to the URA platform:
Click here, select 'Support', and send a message using the e-mail address and username you used when registering.
1b. All other questions about using the URA platform:
Log on to the URA platorm and use the menu 'Send message' to send a message to the administration.
2. Is there a notice period for termination of the URA account?
No, there is no notice period. Your contribution will be collected automatically annualy. It is your responsibility to have sufficient account balance for the contribution payment.
3. What is the contribution I will have to pay for the membership of the URA platform? Is it an annual contribution?
Yes, it is an annual contribution and it is intended for paying all costs to maintain the URA platform. Participants can choose from three amounts when opening an account. These amounts are on the registration page of the URA platform.
4. Why is the annual membership fee of the URA platform so high?
An annual contribution of € 10 for individuals and € 100 for companies is the minimal and it’s necessary. With your membership fee you can advertise free of charge and use your own webshop, business directory, marketplace, bank account, URA currency and so on. All costs are initially advanced by United People Foundation, an organization that still works exclusively with volunteers. Without members contributing, the URA platform could not exist.
5. I am an ELC holder and I want to open a URA account. I have already deposited € 100 as an ELC holder, so why do I have to pay again?
All purchased Eternal Member Certificates (ELCs) have been purchased with the aim of obtaining a demonstrable amount of at least 1.2 to 1.5 million euros for B of Joy co-op with a minimum of 10,000 certificate holders. When applying for the Internet banking license, this amount is one of the conditions set. Your deposited money is therefore used as a cover and remains under management as such. Read on the B of Joy co-op website: FAQ 1.3. Your ELC is not a membership fee or a payment method. It is your share in the B of Joy co-op bank in formation. In order to achieve an accelerated B of Joy co-op realization, it was decided to start with the URA platform as phase 1. Please also read question 4 on this page and for completeness: The purpose of the URA platform.
6. How can 1 euro equate to 1 URA if the URA is based on 1 hour of work?
The URA is not based on 1 hour of work. To understand what the URA stands for, you can go to the B of Joy co-op website: FAQ 3.6. with the title - How is the URA valued in in comparison with the various types of labor?
7. What is the difference between Bitcoin and the URA?
Bitcoin is a crypto currency and has no real underlying value like the fiat coins such as the dollar and the euro. The URA, on the other hand, is a "parallel currency" that derives its value from the productivity of man himself. You can read more about this on the B of Joy co-op website at: FAQ 4.9.
8. What is the frequency of the Newsletter and how can I obtain it?
The newsletter appears approximately 4 times a year. They can be found on the B of Joy co-op website under News. You can sign up for the newsletter using the link at the top of this page.
9. What do the letters URA stand for? What is it short for?
The abbreviation URA is a contraction of the words URen and Arbeid, this means hours and labor in Dutch. An hour of labor spent today will still be one hour of labor in 10 years' time. The URA is therefore more stable and has more value stability than gold. Read more on the page: 'The URA: Our own Fixed Value currency' to understand everything about this currency, the URA.
10. Will the payment app be open source software?
Questions about the payment app can only relate to the B of Joy co-op Payment App and that is phase 2. We can say little about that in terms of software. The URA platform is phase 1. To understand how we go through all the phases, you can read further on this subject: The purpose of the URA platform.
11. How can I get in touch with participants who are affiliated with UPF, B of Joy co-op or the URA platform?
For privacy reasons, we are not allowed to pass on data to third parties. Via the URA platform one can try to get in touch with others. You can also contact third parties through our available social media channels. At the bottom of the Homepage of B of Joy co-op you will find all available social media channels.
12. If I open a URA account on the URA platform, will I always remain in control of my money?
Yes, you will always keep control of your money and you can do whatever you want with it. However, in phase 1 it is not possible to exchange the URA to euro, dollar or other fiat coins. Please read: The purpose of the URA platform.
13. What happens to all the euros deposited after buying the URA?
The euros that are and will be converted to URA’s will be reserved for phase 2. See article 4.6 of the URA platform Terms and Conditions and about the strategy behind it on the page: The purpose of the URA platform. After the realization of phase 2, UPF will invest in resources, natural forces, fair business practices and people, among other things like we did already with SNEW and so on. About the way the URA works in practice in the future can be read further via: The URA, our own Fixed Value currency.
14. What will happen to my URA coins and URA account if the existence of the URA platform were to be permanently terminated?
The general terms and conditions for URA account holders state the following:
Article 4(3): The URA coin can be spent in the private circle of the URA platform in phase 1.
Article 4(6): In phase 2, the member will be able to exchange their URA coins to other currencies.
The basic assumption of United People Foundation (UPF) is with a participation of more than 10,000 participants, the URA platform will be a success and thus phase 2 will also reach full realisation.
In the unlikely event that the URA platform is terminated by UPF, the deposited funds will be refunded to the URA platform participants net of the URA-related costs incurred.
15. What is the difference between the Business and the Individual account?
The Business account is tailored towards businesses. It comes with more advertising capacity, and will be extended with more features to grow your business, such as the option to accept URA payments in your external web shop.
16. I would like to convert my Individual account to a Business account.
This is possible. Log on to your URA account and send a message to the Support team. They will assist you further.
