Jur AG (“Jur”) publishes quarterly Market Reports to share news about products, partnerships, and strategies and provide notice of $JUR token distribution. Jur AG, a responsible stakeholder and $JUR token holder, chooses to be transparent about token management to keep the community and contributors informed.
Market Reports are published within 10 days of the end of the quarter to accommodate recent quarterly events.
Q3 2023 Highlights
Releases
- Jur releases Block Explorer to enhance adoption for the DeGov movement.
- Expanded access for $JUR token holders through the integration of Nova Wallet and SubWallet on Jur Network.
- The Jur Society dApp Beta goes live with Poolside, a fun experimental society for the community to test and try. Founders can create society once whitelisted and members can opt-in, mint an NFT passport and vote on proposals.
- Tim Draper launches “Draper Nation” on Jur
Events & Acknowledgements
- $JUR/$USDT pair live on MEXC Exchange.
- The Pre-Constitutional citizenship phase concludes, with migration of passports to the meta-citizenship phase being rolled out in Q4.
- Jur x Draper Nation launch party at Token 2049, Singapore.
Team
- Martin Worner, the brilliant mind behind the Proof of Engagement Protocol, joins the Jur Network.
Community & Publications
- Jur launches an ambassador program to spread awareness about the Startup Society movement. Over 3,000 active members have joined and participated.
- Jur Founder’s Beta Program goes live to support new founders to build their on-chain community on the Jur Network.
- Jur Society dApp Knowledge Base released
- Jur presents ”Draper Nation, world’s first Bitcoin-native digital nation” with the Draper Nation Team and Johnny from the Network State.
Private Contributors
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 to private contributors in Q3 ‘23.
Company Reserve
With the launch of the Jur chain we have updated our tokenomics to reflect our new path forward; rest assured that this does not affect existing token holders in any way. We will update the market report to match these new tokenomics after the completion of Jur’s token swap, which is currently in progress.
Also note that the amount originally allocated to the company reserve hasn’t been used and should be considered locked until further notice.
Expenditure Report
No $JUR was disbursed to private investors during Q3 ‘23.
Jur Wallets
Jur publicly shares information about its wallets to be transparent and accountable for the established vesting period. Please note that these wallets will be updated at the completion of Jur’s token swap, which is currently in progress After the token swap the below list will be updated with new wallets and revised tokenomics; tokens can be swapped via a dApp that will be made available to all current $JUR holders.
Q3 Activity
Jur began the swap of funds onto our solo chain this quarter, beginning with our Business. Development, Tech & Operations (see the Jur Chain Address column below).
In order to address past liquidity issues that hindered community growth, we made available 20M $JUR to support market liquidity in case of need.
We also transferred 92,320 $JUR towards a series of community rewards program with the objective of making our community larger and more engaged.
We will swap the remainder of our $JUR onto the solo chain within Q4 ‘23.
Type | Initial Supply | Previous Balance | Current Balance | VeChain Address | Jur Chain Address |
IEO | 10% | 100,000,000 | 0 | Transactions IDs: 0x5f849b62ffdd2b3beea298f4e1c0dc38974b1c9aab20d00afa3dd306d0217401 0x73e8ff2ac4a9df0e27a5948e0f7145e687870c9522bef152f59dc4cb987456fd | not yet swapped |
Private Contributors | 10% | 18,763,774.10 | 18,763,774.10 | 0xc01b26cd4b9525ad1b67a54fad53a8bff91ae01d | not yet swapped |
Team, Scientific Committee and Advisors | 10% | 100,000,000 | 100,000,000 | 0xf346f1ab880d5b2cd0333bf69c280a732fa4a1c4 | not yet swapped |
Company Reserve | 20% | 200,000,000 | 200,000,000 | 0x5d7fe18beff1c4f16115cb8cfcd87442a89d9278 | not yet swapped |
Business. Development, Tech & Operations | 50% | 417,895,633.72 | 397,803,313.72 | 0x747fa3858456f3978cc747ca4290111b933986d5 | 5CaD73RjhiXVFJLo2ELA6MAYdJxoPdmiWw31BtBJaR3zuaH7 |