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Jur Market Report #3 — Q2 2020
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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 Q2 ‘20 (April 2020 - June 2020).  As a remark, future market reports will be published within 10 days from the end of the quarter in review to accommodate events that happen in the last days of the quarter. Q2 2020 Highlights   In the second quarter of 2020, the team focused mostly on tech development, business development, and network model improvement. Most of the results of the activities carried out in Q2 ‘20 will be announced over the Q3 ‘20. On the tech development side, Jur has successfully completed the porting of the Jur Beta Platform (which contains the basic feature of the Jur Editor and the decentralized ODR system, the Open Layer) towards the new VeChain’s Connex interface. This allows any user to connect to the Jur Beta Platform just by downloading the Sync browser. You can read more on this major improvement in the user experience and ease of adoption here.  Jur has also focused on two additional features mostly focused on the community side both for token holders and to gain adoption for its future products. These two features will be announced over the next quarter. To prepare the groundwork for the upcoming product that will be announced in the next quarter, Jur has started both product development and business development activities to create a strategic network of professionals and organizations for its launch. With this goal in mind and to be close to the community members during these difficult times Jur organized a series of global webinars. The main subject of the webinars has been: smart legal contracts, blockchain-based dispute resolution and dApp business modelling in the legal sector. The response has been overwhelming with an average participation of 133 registrants (90% legal tech lawyers) per webinar. Given the general numbers in the legal industry, this can be considered a successful activity. During these webinars, Jur got the chance to connect, talk and engage with around 300 law firms over 65 countries and 254 cities. Jur will be studying with each of these law firms ways to cooperate to grow the Jur’s ecosystem further.  Regarding the network model, Jur has focused its attention on analyzing and studying solutions carefully to ensure the ecosystem’s growth. A series of articles will be published over the next quarter as a result of this activity. This lays down the foundation for the upcoming product release. Private contributors The second release for private contributors has been issued as per the policy described in Jur Market Report #0. Jur distributed funds to all the private contributors that have replied to the first official communication sent for the purpose. For all the private contributors that are eligible to the distribution but did not reply to that communication please reach out through Jur’s official channels.    Team Distribution As a reminder, the Jur Team has decided to lock up their tokens for 12 months from the 28th Feb of 2020. Team Bonus Policy As a reminder, from June ‘20 onwards each team member in Jur has been awarded a bonus in JUR tokens according to its KPIs and the ability to grow the project and make it successful.  These tokens will be locked for 36 months starting from the month after which the activity is done and a maturation period of 12 months which is established for ensuring a win-win outlook, fair for both the team member and the project. Expenditure Report In the past quarter, the main operations done from Jur’s official wallets were regarding private contributors distribution and marketing expenditures: 8.009.798,16 JUR Tokens distributed as part of the quarterly batches of private contributors. Please note, some contributors did not provide the wallet yet. Jur will be distributing their due tokens as soon as their wallet addresses are received. 1.399.053,77 JUR Tokens were used for marketing advisory purposes during the COVID phase. Jur Wallets For providing direct accountability over the vesting period in place, Jur publicly shares information about its wallets. IEO supply: 10% of total supply Old Balance: 100.000.000Current Balance: 0 Transactions IDs: 0x5f849b62ffdd2b3beea298f4e1c0dc38974b1c9aab20d00afa3dd306d0217401 0x73e8ff2ac4a9df0e27a5948e0f7145e687870c9522bef152f59dc4cb987456fd Private Contributors: 10% of total supply Old Balance: 80.854.516,28Current Balance: 72.844.718,12*Transactions ID: 0xc01b26cd4b9525ad1b67a54fad53a8bff91ae01d Team, Scientific Committee and Advisors: 10% of total supply Old Balance: 100.000.000Current Balance: 100.000.000Transactions ID: 0xf346f1ab880d5b2cd0333bf69c280a732fa4a1c4 Company Reserve: 20% of total supply Old Balance: 200.000.000Current Balance: 200.000.000Transactions ID: 0x5d7fe18beff1c4f16115cb8cfcd87442a89d9278 Business Development, Tech & Operations: 50% of total supply Old Balance: 493.413.578,31Current Balance: 492.014.524,54Transactions ID: 0x747fa3858456f3978cc747ca4290111b933986d5 *Please note: a transaction that was carried out in July from this wallet is not part of the updated balance as it is out of the scope of the Q2 ‘20 report and will be included in the Q3 ‘20 report. Recent Highlights Find below a list of highlights from the past quarter. COMMUNITY Launch of the Official Jur Blog EVENTS Webinar - Smart contracts, ODR and blockchain, Uganda, with Africa Innovation Law and Tech Academy, 29/04/20Jur Legaltech Webinar - Smart contracts, ODR and blockchain, Greece, with ELONTECH, 12/05/20Webinar - Smart contracts, ODR and blockchain, South Africa, with Future Laws Faculty & Legal Hackers - Cape Town Chapter, 22/05/2020Finding Diamonds in the Rough: Four Use Cases, Switzerland, with SECA, 26/05/2020Webinar - Smart contracts, ODR and blockchain, Swiss Legal Tech Association, 27/05/2020Webinar - Smart contracts, ODR and blockchain, Mexico, Legal Hackers Guadalajara, 04/06/2020Webinar - Smart contracts, ODR and blockchain, China, with Zhong Lun law firm, 10/06/2020Webinar - Smart contracts, ODR and blockchain, Italy, 4cLegal, 18/06/2020 TEAM Suhail MTM joins Jur as a senior backend developerMatija Kontak joins as the first legal intern after Lab for New Justice R&D initiative with Radboud University TECH JBP migration from Web3 to VeChain’s native Connex interface R&D Ludovica Troili publishes her thesis on International Arbitration and the challenges with the new technologies with one chapter dedicated to Jur’s Court Layer, 22/06/2020Conclusion of Lab For New Justice with IE Segovia, 22th Jun 2020 MORE Read about Jur’s monthly activity (from August 2019)Jur Market Report #2, 31 March 2020Jur Market Report #1, 31 December 2019Jur Market Report #0, 10 September 2019 Do you want to follow all the updates about Jur?

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Jur Market Report #2 — Q1 2020
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 informeJur, 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 Q1 ’20 (January 2020 — March 2020). From the next Jur Market Report, the publishing date will be 10 working days after the end of the quarter to be reviewed. This decision has been made to allow the team to review the last days of operations before finalizing the report. A note on COVID-19 Given the current global scenario caused by COVID-19, the entire Jur team has shifted towards remote working since the beginning of the outbreak. Jur has intensified focus on tech development and postponed announcements and commercial operations. Jur changed the strategy due to the circumstances, keeping the tech development activities as a core activity for Q2 ’20 and community activities that can be carried out remotely. On this topic, further communication will follow on the official communication channels of Jur. These elements will be reported in the future Jur Market Report #3 which will be due on 10th July 2020. With the aim of ensuring a reliable future to the project, guaranteeing a progressive growth of the ecosystem, Jur is still evaluating to extend the locking period of the core team and some amount of tokens regarding the business development, tech, and operations. Please find below the main updates. Private contributors The first release for private contributors has been issued as per the policy described in Jur Market Report #0. Jur distributed funds to all the contributors that have replied to the official communication sent for the purpose. For all the private contributors that are eligible to the distribution but did not reply to that communication please reach out through Jur’s official channels. Team Distribution The team voluntarily decided to extend its lock up period which ended on the 28th of Feb 2020 as per Jur Market Report #0. Tokens have been locked up for another 12 months to support the ecosystem’s growth. Team Bonus Policy From June ’20 onwards each team member in Jur will be awarded a bonus in JUR tokens according to its KPIs and the ability to grow the project and make it successful. These tokens will be locked for 36 months starting from the month after which the activity is done and a maturation period of 12 months which is established for ensuring a win-win outlook, fair for both the team member and the project. Expenditure Report In the past quarter, Jur has used a very small amount of JUR tokens equivalent to 125,423.00 in order to sustain operations related to the Lab for New Justice. This amount is equal to 1328,48 USD (ex. rate at the time of payment 0,010592 USD per 1 JUR). A correction regarding the figure stated on Jur Market Report #1. The JUR Tokens distributed for the bounties have been 1.233.812,59 JUR instead of 1.223.463,59 JUR. This brings the balance for wallet 0x747fa3858456f3978cc747ca4290111b933986d5 at the end of Q4 ’19 at 493.539.001,31 JUR instead of 493.549.350,31 JUR as wrongly stated in the past report. We apologize for this mistake. Jur Wallets For providing direct accountability over the vesting period in place, Jur publicly shares information about its wallets as follows: IEO supply: 10% of total supply Old Balance: -Current Balance: -Transactions IDs: 0x5f849b62ffdd2b3beea298f4e1c0dc38974b1c9aab20d00afa3dd306d0217401 0x73e8ff2ac4a9df0e27a5948e0f7145e687870c9522bef152f59dc4cb987456fd Private Contributors: 10% of total supply Old Balance: 100.000.000Current Balance: 80.854.516,28Transactions IDs: 0xc01b26cd4b9525ad1b67a54fad53a8bff91ae01d Team, Scientific Committee and Advisors: 10% of total supply Old Balance: 100.000.000Current Balance: 100.000.000Transactions IDs: 0xf346f1ab880d5b2cd0333bf69c280a732fa4a1c4 Company Reserve: 20% of total supply Old Balance: 200.000.000Current Balance: 200.000.000Transactions IDs: 0x5d7fe18beff1c4f16115cb8cfcd87442a89d9278 Business Development, Tech & Operations: 50% of total supply Old Balance: 493.539.001,31Current Balance: 493.413.578,31Transactions IDs: 0x747fa3858456f3978cc747ca4290111b933986d5 Recent Highlights Find below a list of highlights from the past quarter. NOTE: before the eruption of COVID-19, Jur was scheduling a number of events, masterclasses and meetings for educating the community about the uses of the Jur Platform and for networking purposes. After the worldwide emergency, events have been cancelled, masterclass and business announcements have been postponed. PARTNERSHIP Jur Introduces the Secure Commercial Agreements for Real Estate in Cyprus, with Vechain, 15 January 2020 TEAM MTM Suhail hired as the lead for backend development R&D Launch of the Lab For New Justice, Hull University, UK, 10 February 2020Launch of the Lab For New Justice — IE University, Spain, 18 February 2020Lab For New Justice at Pavia University Italy, 24 February 2020Conclusion of Lab For New Justice — Radboud, 11 March 2020Matija Kontak will be the first internee of the Jur Internship program, 12 March 2020 COMMUNITY 2nd Round of Jur Oracles, 8 January 2020Released Youtube tutorial series on the Jur Beta Platform, 9 January 2020The Jur Defender Story release, DIY smart legal contracts on JBP, 21 January 2020Insights on the Jur Chinese Community, 24 January 202012-step guide to use the Jur Beta Platform, 29 January 2020Above the 500 top legaltech companies according to Planet Compliance, 12 February 2020Jur reaches 5000 followers on Twitter, 19 February 2020The smart guide to legaltech terms on blockchain, 26 February 2020Keep Calm and Legaltech: Jur’s philosophy for these critical times, 19 March 2020 BRANDING New Media Kit Release, 13 March 2020 MORE Read about Jur’s monthly activity (from August 2019):https://medium.com/jur-io/tagged/monthly-updateJur Market Report #1, 31 December 2019:https://medium.com/jur-io/jur-market-report-1-q4-2019-97a7a0fce692Jur Market Report #0, 10 September 2019:https://medium.com/jur-io/jur-market-report-0-acd71f4086e5 Do you want to follow all the updates about Jur?
Jur Market Report #1 — Q4 2019
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 pledge to our contributors in the Jur Market Report #0 The current report refers to Q4 ’19 (September 2019 — December 2019). This first market report includes a month extra as the project launched the successful IEO at the end of August 2019. Token Distribution With the aim of ensuring a reliable future to the project, guaranteeing a progressive growth of the ecosystem, Jur is currently evaluating to extend the lock-in period of the core team and some amount of tokens regarding the business development, tech, and operations (current distribution policy in Jur Market Report #0). Expenditure Report In the past quarter, Jur did not sell JUR tokens for FIAT, besides making direct payment in JUR for the IEO marketing expenses, external collaborators and reward of community activities. The total amount has been 5.227.186,1 JUR equal to 61.116 USD value at the present market rate (1 JUR = 0,011692 USD). An amount of JUR equal to 1.223.463,59 will be used for rewarding the old bounties campaign and released over the month of January. The amount of JUR eligible for that reward is equal to 14.340 USD at today’s market rate (1 JUR = 0,011692 USD). Jur Wallets For providing direct accountability over the vesting period in place, Jur publicly shares information about its wallets as follows: IEO supply: 10% of total supply Old Balance: 100.000.000Transactions IDs: 0x5f849b62ffdd2b3beea298f4e1c0dc38974b1c9aab20d00afa3dd306d0217401 0x73e8ff2ac4a9df0e27a5948e0f7145e687870c9522bef152f59dc4cb987456fd Private Contributors: 10% of total supply Old Balance: 100.000.000Current Balance: 100.000.000Transactions ID: 0xc01b26cd4b9525ad1b67a54fad53a8bff91ae01d Team, Scientific Committee and Advisors: 10% of total supply Old Balance: 100.000.000Current Balance: 100.000.000Transactions ID: 0xf346f1ab880d5b2cd0333bf69c280a732fa4a1c4 Company Reserve: 20% of total supply Old Balance: 200.000.000Current Balance: 200.000.000Transactions ID: 0x5d7fe18beff1c4f16115cb8cfcd87442a89d9278ì Business Development, Tech & Operations: 50% of total supply Old Balance: 500.000.000Current Balance: 493.549.350,31 (after bounty distribution in Jan ‘20)Transactions ID: 0x747fa3858456f3978cc747ca4290111b933986d5 Jur Achievements Find below a list of Jur’s achievements in Q4 ’19 plus a couple of highlights on major accomplishments. PARTNERSHIPS Funding Round with VeChain Foundation, 18 July 2019Fenbushi Capital Invests in Jur As First Legal Technology Project 19 August 2019Radboud University to join as Academic Partner for the Lab For New Justice program 26 August 2019IEO: Jur launches the JUR token on OceanEx — 26 August 2019Certified Strategic Partnership with San Marino Innovation 7 September 2019Jur joins ELTA — European Legal Tech Association, 7 October 2019Jur joins the Global Legal Blockchain Consortium, 9 October 2019Jur joins SLTA — Swiss Legal Tech Association, 29 November 2019 EVENTS Panel at OceanEx Amsterdam Meetup, 5 October 2019Panel at Singularity U Italy Summit, 9 October 2019Panel at Hashnet Blockchain Conference, 15 October 2019Lawyering in the Digital Age, 17–18 October 2019San Francisco Blockchain Week, 29 October 2019Panel at Decentralized, 1st November 2019The Capital, 10 November 2019Blockshow Asia 2019, 14 November 2019Jur Official Meetup in Singapore, 13 November 2019Panel at European Legal Tech Congress, 2019 20 November 2019Risoluzione dei conflitti nell’era digitale: l’arbitrato e l’’evoluzione tecnologica, 21 November 2019Master Diritto della Blockchain, 26 November 2019Panel at Distributed Minds, 28 November 2019Jur Official Meetup in Milan, 29 November 2019Book review “Blockchain and Smart Contract”, 10 December 2019Blockchain e impatti sul mondo dei servizi legali, 19 December 2019 COMMUNITY Launch of the Jur Oracles Program, 23 September 2019INSPER (Institute of Education and Research) to use Jur as a usecase, 5 November 2019The Jur Defender: first use case of DIY smart legal contract on chain, 7 November 2019Knowledge Competition (smartdrop) final results, 8 November 2019Chinese Community launch, 28 October 2019Launch of the Official Announcement Channel, 27 November 2019Launch of the weekly report on Reddit, 28 November 2019The Jur Defender on Hackernoon, 12 December 2019Jur’s Dispute Resolution Platform Review on Coin Telegraph, 25 December 2019 R&D Launch of the Lab for New Justice — Testing the Dispute Resolution on chainLab for New Justice runs at Radboud University, 18, 25 November, 2 & 8 December 2019MoU signed with other universities — not disclosableNon-disclosable R&D (signature) PRODUCTS Jur Beta Platform releaseJur Status validationJur Marketplace validation and first use case TEAM Advisory and Scientific Committee expansion: Larry DiMatteo, Sheraz AhmedCLO Raffaele Battaglini signs an original contribution to Smart Contracts with a comprehensive book ‘Blockchain and Smart Contract’ MORE Read about the monthly’s activity in Jur (from August 2019): https://medium.com/jur-io/tagged/monthly-updateRead about the weekly’s activity in Jur (from November 2019):https://www.reddit.com/r/Jur/comments/e0208g/jur_weekly_report_legaltech_bullets_11th18th/Jur Market Report #0:https://medium.com/jur-io/jur-market-report-0-acd71f4086e5 Do you want to follow all the updates about Jur?