Jur AG (“Jur”) publishes a quarterly Jur Market Report 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 Q3 ‘21 (July 2021 – September 2021).
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.
Q3 2021 Highlights
Jur conducted customer development activities for its arbitration product. These are helping expand the pipeline of arbitrators and companies interested in using its upcoming product geared towards digitizing arbitration.
Moreover, Jur has released two surveys: one directed to users (small, medium, and large enterprises) and another sent to existing arbitrators. The goal of these surveys is to collate insights about the sector from a wide audience in the absence of such industry benchmarks.
These surveys also aim to extensively cover the pain points of industry players. The results and insights from both these activities will be shared with interested communities and relevant stakeholders during Q4.
LawtechUK has published the report of the feasibility study Jur has helped create, discussing the creation of an SME online dispute resolution platform. This study sheds light on how a digital solution can alleviate UK businesses from disputes & claims which totals to a staggering amount of £3.4bn.
In this quarter, Jur has also finalized a strategic deal to foster its blockchain development. More details will be shared within Q1 2022.
Private contributors
The seventh release for private contributors has been issued as per the policy described in Jur Market Report #0.
Jur distributed JUR Tokens to all the private contributors who have replied to the official communication sent for the purpose.
If you are a private contributor who is eligible for the distribution but did not reply to that communication, please reach out through Jur’s official channels.
Company Reserve
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.
Expenditure Report
In the past quarter, the main outflows from Jur AG’s official wallets were related to private contributors:
- 780,832.04 JUR Tokens distributed as part of the quarterly batches for private contributors. Please note, some contributors did not provide their wallets yet. Jur will be distributing their due tokens as soon as their wallet addresses are received so this might happen at any time during the next quarter.
Jur Wallets
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 0x73e8ff2ac4a9df0e27a5948e0f7145e687870c9522bef152f59dc4cb987456fd |
| Private Contributors | 10% | 20,192,225.14 | 19,411,393.10 | 0xc01b26cd4b9525ad1b67a54fad53a8bff91ae01d |
| Team, Scientific Committee and Advisors | 10% | 100,000,000 | 100,000,000 | 0xf346f1ab880d5b2cd0333bf69c280a732fa4a1c4 |
| Company Reserve | 20% | 200,000,000 | 200,000,000 | 0x5d7fe18beff1c4f16115cb8cfcd87442a89d9278 |
| Business Development, Tech & Operations | 50% | 417,917,918.72 | 417,917,918.72 | 0x747fa3858456f3978cc747ca4290111b933986d5 |
Recent Highlights
Here are the highlights from the past quarter:
- Jur launches the product waitlist for customers
- Our newsletter, Your Jurnal, covering legal tech, justice, and everything in between is now live
