Jur AG (“Jur“) publishes quarterly Jur Market Reports providing regular updates on the state of the market. This includes partnerships, institutional strategies, and relevant JUR token-related announcements.
Jur, being a responsible stakeholder and a JUR token holder, chooses to be transparent about its token management to keep the community and other contributors informed.
The current report covers Q1 ‘22 (January 2022 – March 2022).
Market reports are published within 10 days of the end of the quarter in review to accommodate events that happened in the last days of the quarter.
Q1 2022 Highlights
To start a new season for the project and cap off Q1 2022, Jur announced the recent investment by Scytale Ventures to support our mission to build the Network State for the digital economy on Polkadot.
The announcement supporting the evolution of Jur can be found here.
The focus of the project has been working on system designing and token modelling, preparatory for the next activities.
In the past quarters Jur has issued JUR Tokens as per the policy described in Jur Market Report #0.
Jur did not distribute any tokens in the Q1 ‘22.
Jur has negotiated with remaining private contributors to postpone token distribution in a common effort to improve liquidity in the secondary market and support the future project’s growth.
Despite the statement contained in Jur Market Report #0, Jur has not yet defined a detailed plan of usage for tokens contained in the Company Reserve wallet. Until further notice, these funds are locked up indefinitely.
In the past quarter, Jur did not use JUR tokens to sustain its operations.
To provide direct accountability over the established vesting period, Jur publicly shares information about its wallets.
|Type||Initial Supply||Old Balance||Current Balance||Address|
|IEO||10%||100,000,000||0||Transactions IDs: 0x5f849b62ffdd2b3beea298f4e1c0dc38974b1c9aab20d00afa3dd306d0217401|
|Team, Scientific Committee and Advisors||10%||100,000,000||100,000,000||0xf346f1ab880d5b2cd0333bf69c280a732fa4a1c4|
|Business Development, Tech & Operations||50%||417,904,133.72||417,904,133.72||0x747fa3858456f3978cc747ca4290111b933986d5|