Notes and Coins

 Cru is the official currency of the Cru ecosystem. Central CRU Organization (“CRO”) is the supervisory authority over the Cru ecosystem and is mandated to issue, distribute, circulate, and manage Cru. Subject to the Cru ecosystem monetary policy objectives are set from time to time by CRO, 1 CRU is equal to Resource Mobilization Inc Receivables US$ 53.352184, which appreciate annually at the rate of 12.5% calculated and added daily for as long as the RMI receivables remain existing. This means that subject to notifications of the redemption value of Cru updated from time to time on this website by the treasury department of CRO; 1 Cru is redeemable for Resource Mobilization Inc Receivables US$ 53.352184 as updated from time to time on this website by the treasury department of CRO. Cru is exchangeable for its equivalent value in any currency. The market exchange rate for Cru can be any amount and may be different from the vault exchange rates for CRU as updated from time to time on this website by the treasury department of CRO.

 

When we introduced the Cru monetary system on 11/14/14, One Cru was divided into 100 Fairs which means fractions of Cru. On 01/23/22, we changed the term Fairs to Cents, paving the way for Crucent(s), so now one Cru is divided into 100 Crucents.

The amount of Cru available for utilization is limited to the amount of RMI receivables available for redemption but the sheer amount of RMI receivables tokenized in relation to expected global demand positions Cru available to unlimited status. The unlimited availability of Cru notwithstanding, the amount of Cru in circulation at all times is subject to the Cru ecosystem monetary policy objectives of CRO.

CRO had authorized the minting of coins denominated in Cru and Crucents, and the printing of Cru paper currency which are issued in the form of Crunotes. 

Cru Coins

Coins in the CRU ecosystem are denominated in CRU and CRUcents. 1 CRU is equal to Resource Mobilization Inc Receivables US$ 53.352184. CRU is exchangeable for its equivalent value in any currency. The market exchange rates for CRU can be any amount and may be different from the vault exchange rates for CRU as updated from time to time on this website by the treasury department of CRO. 1 CRU is divided into 100 CRUcents. CRO is in the process of designing the physical features of the coins and selecting minting entities that will produce the coins for use in trade and commerce.

 

Various Cru coins denominations range from R1.00, R5.00, R10.00, R20.00, R50.00, and R100.00. The Crucents denominations range from R0.5, R1.00, R2.00, R5.00, R10.00, Rc20.00, and R50.00. The coins are expected to be available and in circulation soon.  

Cru Notes

Paper currency in the CRU ecosystem is issued in the form of CRUnotes. 1 CRU is equal to Resource Mobilization Inc Receivables US$ 53.352184. CRU is exchangeable for its equivalent value in any currency. The market exchange rates for CRU can be any amount and may be different from the vault exchange rates for CRU as updated from time to time on this website by the treasury department of CRO. CRO is in the process of designing the physical features of the notes and selecting printing and engraving entities that will produce the CRU notes for use in trade and commerce.

 

Crunotes denominations range from R1.00, R5.00, R10.00, R20.00, R50.00, and R100. Crunotes are expected to be available and in circulation soon.   

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