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 Q4 ‘21 (October 2021 - December 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.
Q4 2021 Highlights
In the last quarter of 2021, we made great strides in product development as well as user and market research for the upcoming Jur Arbitration Service. We are getting closer to offering a digital arbitration platform that delivers quick, cost-effective, and efficient dispute resolution.
Weeks away from our product launch, the development team has completed the Roster application and we are now working through the final screens of the Jur Arbitration Service.
To support the ongoing product development, the product team spent over 300 hours on user research and analysis, interviewing over 40 leading in-house counsels from companies such as Google and Adobe, amongst others, to test and validate hypotheses and ensure smooth delivery of product features.
Those who are interested can now sign up for a demo of the Jur Arbitration Service by joining the waitlist.
Jur has also actively engaged with the digital arbitration community through our participation in a seminar on the “Future of Digital Arbitration” hosted by Young Practitioners Arbitration, Ireland as well as a discussion on “Dispute Resolution in the Metaverse” with Mishcon de Reya and ArbTech.
This quarter, Jur has worked on the strategic implementation regarding the blockchain development mentioned in the previous report. More details will be disclosed by the end of the current quarter.
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:
- 647,619 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.
- 13,785 JUR Tokens unlocked tokens for marketing activities related to VeChain Summit 2019
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% | 19,411,393.10 | 18,763,774.10 | 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 | 417,904,133.72 | 0x747fa3858456f3978cc747ca4290111b933986d5 |