It's a security pretending to be a commodity, IMO, but they're using it for contracts and tokenized stock-trading, and stuff.
I'm a goldbug, so I stick to commodities as money. Everything else is an investment and you risk losing the principle.
Discussion
Sure, I'm not really interested in Ethereum reall, just meant that Urbit seems like a legit place with community vibe. I can't really say for sure tho. They do well with their quite cool / hip cultural events and marketing, cultural influencers blah blah. I think some of it is paid for. Like they've tapped in to that Dime Square scene. (None of this is an endorsement lol, although I do quite like Justin Murphy).