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Jur AG (“Jur“) is publishing 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, has chosen to be transparent about its token management to keep the community and other contributors informed.

The current report refers to Q3 ‘20 (July 2020 – September 2020). 

Market reports are published within 10 days of the end of the quarter in review to accommodate events that happen in the last days of the quarter.

Q3 2020 Highlights  

In the third quarter of 2020, the team focused mostly on business development activities and tech development.

LawTechUK, a UK government based initiative to help transform the UK legal sector through technology, awarded a grant to the Jur consortium, which includes Oxford Computer Consultants, Resolve Disputes Online and professors and researchers from Oxford University, to conduct a feasibility study for online dispute resolution for small and medium enterprises. 

This groundbreaking news was preceded by the announcement of the new upcoming product: the Open Justice Platform.

The team has mostly focused on customer interviews, surveys, and gathering requirements for the Open Justice Platform development.

During this quarter the Jur team and community celebrated the anniversary of the launch of the JUR token.

Throughout the quarter Jur has been actively engaging in webinar activities across the world, working to increase awareness about online dispute resolution, smart legal contracts, blockchain, and the development of the Open Justice Platform.

Private contributors

The third 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 that have replied to the official communication sent for the purpose.

If you are a private contributor that is eligible for the distribution but did not reply to that communication, please reach out through Jur’s official channels.

Expenditure Report

In the past quarter, the main outflows from Jur AG’s official wallets were distributions to private contributors and marketing expenditures:

  • 5.401.799,25 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. This might happen at any time during the next quarter.
  • 3.000.000,00 JUR tokens were used for community development activities.

Jur Wallets

To provide direct accountability over the established vesting period, Jur publicly shares information about its wallets.

IEO supply: 10% of total supply

Old Balance: 100.000.000
Current Balance: 0

Transactions IDs:

0x5f849b62ffdd2b3beea298f4e1c0dc38974b1c9aab20d00afa3dd306d0217401

0x73e8ff2ac4a9df0e27a5948e0f7145e687870c9522bef152f59dc4cb987456fd

Private Contributors: 10% of total supply

Old Balance: 72.844.718,12
Current Balance: 67.442.918,87
Wallet ID: 0xc01b26cd4b9525ad1b67a54fad53a8bff91ae01d

Team, Scientific Committee and Advisors: 10% of total supply

Old Balance: 100.000.000
Current Balance: 100.000.000
Wallet ID: 0xf346f1ab880d5b2cd0333bf69c280a732fa4a1c4

Company Reserve: 20% of total supply

Old Balance: 200.000.000
Current Balance: 200.000.000
Wallet ID: 0x5d7fe18beff1c4f16115cb8cfcd87442a89d9278

Business Development, Tech & Operations: 50% of total supply

Old Balance: 492.014.524,54
Current Balance: 489.014.524,54
Wallet ID: 0x747fa3858456f3978cc747ca4290111b933986d5

Recent Highlights

Here are the highlights from the past quarter.

ANNOUNCEMENTS

COMMUNITY

PRODUCT

EVENTS

TEAM

TECH

MORE

Jur Market Report #3, 10 July 2020
https://jur.io/blog/news/jur-market-report-3-q2-2020/

Jur Market Report #2, 31 March 2020
https://jur.io/blog/news/jur-market-report-2-q1-2020/

Jur Market Report #1, 31 December 2019
https://jur.io/blog/news/jur-market-report-1-q4-2019/

Jur Market Report #0, 10 September 2019
https://jur.io/blog/news/jur-market-report-0/

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