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About Jur
Key Points
- 1 billion JUR tokens were created at genesis.
- Token allocation: 10% private sale, 10% public sale, 10% team, 30% operations and tech development, 20% business development, 20% company reserve.
- Founders: Alessandro Palombo (CEO) and Luca Y. Daniel.
- JUR tokens can be traded on the OceanEx exchange platform.
- Jur is a decentralized ecosystem for dispute resolution and justice, leveraging blockchain technology.
- JUR token plays a central role in the ecosystem, used for staking, payment, and voting.
About Jur: Pioneering the Future of Decentralized Justice
The Circulating Supply of JUR Tokens: An Overview
The JUR token was officially launched on August 28, 2019, via an Initial Exchange Offering (IEO) on the esteemed OceanEx exchange platform.
At the genesis of the project, a total of 1 billion JUR tokens were created.
- A limited allocation of 10% of the tokens was designated for the initial private sale.
- A further 10% of the tokens were allocated to the public sale, facilitated through the Initial Exchange Offering (IEO) process.
- A 10% allocation has been reserved for the project’s core team members.
- A substantial 30% allocation is dedicated to supporting operational expenditures and driving technological advancements.
- A 20% allocation is earmarked for business development initiatives, fostering strategic partnerships and growth.
- The remaining 20% is retained as a company reserve, ensuring a stable foundation for future endeavors.
The Founding Visionaries Behind JUR
JUR was conceived on the vision of CEO Alessandro Palombo, a lawyer and PhD in Public Law, who also holds a Master’s degree in Regulation of Global Markets. He was later joined by Luca Y. Daniel, a seasoned tech entrepreneur, renowned for building Aguadulce, a digital agency that garnered feature coverage in Wired.
The Jur team boasts a diverse and accomplished core team of professionals, augmented by a network of esteemed advisors, led by the distinguished Mark OBE Beer, and a prestigious Scientific Committee, which provides expert guidance on the legal framework underlying the project, featuring the esteemed ex-Vice President of the European Parliament, Ms. Diana Wallis.
Acquiring JUR Tokens: A Comprehensive Guide
JUR is now accessible for trading on the esteemed OceanEx exchange platform, providing users with a seamless and secure trading experience.
OceanEx, a premier digital asset trading platform,
New to the world of cryptocurrency? CoinMarketCap presents a comprehensive beginner’s guide to purchasing Bitcoin and other digital tokens with ease.
Introducing Jur: A Revolutionary Decentralized Justice System
Jur embodies a decentralized ecosystem meticulously crafted to bridge the justice gap, thereby providing enhanced access to justice for professionals and small to medium enterprises. By harnessing the power of blockchain technology, this ecosystem facilitates a dispute resolution process that is legally binding across 166 countries worldwide. Built upon the robust foundation of Substrate, Jur enables the creation and management of digital-first societies on an opt-in basis. Notably, it pioneers a novel approach to resolving disputes through a voting system, where participants are incentivized with $JUR tokens in recognition of their valuable contributions.
The platform transcends mere dispute resolution, striving to cultivate resilient, censorship-resistant communities. By incentivizing users to participate in verifying blockchain transactions, it ensures the integrity and continuity of its operations. At its core, Jur’s mission is to democratize access to justice and empower individuals with the tools to establish and govern their own digital realms.
JUR, the native utility token of the platform, occupies a pivotal position within its ecosystem. Built atop the VeChainThor blockchain, it fulfills a multitude of purposes, including staking for dispute resolution hubs, facilitating payment for access to diverse services, and enabling voting within the platform’s governance structure. Since its inception on August 28, 2019, following an Initial Exchange Offering (IEO) on the OceanEx exchange, a total of 1 billion JUR tokens were created. The strategic allocation of these tokens is divided among private sales, public sales, team reserves, operational expenditures, technological development, business development, and a company reserve.
The genesis of Jur was spearheaded by CEO Alessandro Palombo, a seasoned lawyer with profound expertise in Public Law and the Regulation of Global Markets, in tandem with tech entrepreneur Luca Y. Daniel. The project is bolstered by a formidable team, comprising esteemed advisors and a distinguished Scientific Committee that undergirds the legal framework of Jur, featuring luminaries such as Ms. Diana Wallis, former Vice President of the European Parliament.
Jur is headquartered in Zug, Switzerland, a hub renowned as the “crypto valley”, underscoring its dedication to pioneering innovation in the realms of blockchain and legal technology. The platform is continually evolving, with ongoing research and development focused on the micro claims sector, striving to provide micro justice solutions through its Jur Beta Platform.
For those seeking to participate in the Jur ecosystem, JUR tokens are available for trading on the OceanEx exchange platform. It is essential for prospective investors to exercise diligence and carefully weigh the inherent risks associated with cryptocurrency trading and investment before making any decisions.
Jur’s Security Framework: A Robust Shield
Jur’s security framework is a multifaceted entity, comprising both technological and procedural elements, meticulously designed to safeguard its ecosystem. At its core, Jur leverages smart contracts on its blockchain, which automate and secure transactions and interactions within its platform. These smart contracts play a pivotal role in enforcing the terms of agreements made within the Jur ecosystem, eliminating the need for intermediaries and, consequently, minimizing the potential for disputes while fostering an environment of trust among participants.
Beyond its smart contract technology, Jur is further fortified by a decentralized treasury, which is communally managed by its community. This approach not only democratizes the decision-making process surrounding the utilization and allocation of funds, but also introduces an additional layer of security by dispersing control across a broader network of stakeholders. This community-driven governance model ensures that no single entity possesses unilateral control over the platform’s resources, thereby mitigating the risk of fraud and mismanagement.
Beyond these blockchain-specific security measures, Jur also implements a
comprehensive suite of physical and digital security protocols. These encompass
stringent access controls to safeguard against unauthorized access to sensitive
information and systems, regular security audits to identify and remediate
vulnerabilities, and adherence to internationally recognized standards and
recommendations to ensure that security practices align with global best
practices.
Jur’s unwavering commitment to security is exemplified in its multifaceted approach, which seamlessly integrates technological and procedural safeguards. By harnessing the inherent security attributes of blockchain technology, including the immutable nature of smart contracts and decentralized governance, Jur complements these features with stringent physical and digital security protocols, thereby establishing a robust foundation for its decentralized ecosystem, ultimately aimed at enhancing access to justice.
The Utilization of Jur: Unlocking its Potential
Jur is conceived as a decentralized ecosystem, poised to bridge the justice gap by providing professional entities and small to medium enterprises (SMEs) with a pioneering approach to accessing justice. This is accomplished through a legally binding dispute resolution process, recognized in 166 countries globally. By harnessing the power of blockchain technology, the platform ensures transparency, security, and efficiency in its operations, thereby fostering a trusted and reliable environment for dispute resolution.
The native utility token of Jur, JUR, assumes a paramount position within the ecosystem, serving as a linchpin in various crucial functions:
-
Staking
: By staking JUR tokens within Hubs, users contribute to the provision of dispute resolution services, thereby ensuring the seamless operation of the platform and incentivizing the resolution of disputes. -
Payment
: Access to various services within the Jur ecosystem necessitates payment in JUR tokens, including fees associated with dispute resolution processes, among other services. -
Voting
: As a community-driven governance model, JUR token holders wield the power to vote on pivotal decisions, including the allocation of community treasury funds to initiatives deemed crucial to the project’s success.
Staking
: By locking up JUR tokens within Hubs, users can participate in the dispute resolution process, thereby facilitating the seamless operation of the platform. This mechanism is pivotal in ensuring a steady supply of resources and incentives, thereby guaranteeing the efficient resolution of disputes.
Payment
: Within the Jur ecosystem, a diverse range of services necessitate payment in JUR tokens, encompassing, among others, fees associated with dispute resolution processes.
Voting
: The governance of the Jur platform is predicated on a community-driven ethos, wherein JUR token holders are empowered to exercise their voting rights on pivotal decisions. This encompasses the allocation of community treasury funds to initiatives deemed crucial for the project’s prosperity and long-term success.
The Jur ecosystem is inherently dynamic, perpetually evolving through ongoing research and development, with a particular focus on the micro claims sector. The ultimate goal is to continually refine and expand its micro justice solutions, thereby rendering them more accessible and effective for users. This endeavour is facilitated by the Jur Beta Platform, which serves as a sandbox for testing and refining novel features and improvements.
Jur’s foundation in Zug, Switzerland, situates it at the epicentre of the renowned “Crypto Valley”, where it leverages a dynamic ecosystem of innovation and regulatory clarity. This strategic location perfectly aligns with its mission to democratize access to legal services through the power of blockchain technology.
As of its inception on August 28, 2019, a total of 1 billion JUR tokens have been put into circulation, strategically allocated among diverse stakeholders, including the team, operational infrastructure, business development initiatives, and a company reserve. This thoughtful distribution ensures that the ecosystem is adequately funded to sustain and expand its operations, while simultaneously incentivizing community participation and investment.
The founders of Jur, Alessandro Palombo and Luca Y. Daniel, bring a synergy of legal acumen and technological entrepreneurship to the project, fostering a potent combination that drives innovation. Their visionary approach is bolstered by a formidable team of professionals, advisors, and a distinguished Scientific Committee, which provides a robust foundation for the platform’s legal framework.
For those keen on participating in the Jur ecosystem, JUR tokens are available for trading on the OceanEx exchange platform. It is essential for prospective investors to undertake rigorous research and carefully consider their investment objectives before venturing into the cryptocurrency market.
What pivotal milestones have marked Jur’s journey?
Since its inception, Jur has achieved numerous significant milestones, underscoring its remarkable growth and development within the blockchain and cryptocurrency landscape. The project’s journey commenced with the launch of a solochain and a decentralized application (dApp), thereby marking its inaugural steps towards creating a decentralized ecosystem designed to bridge the justice gap. These early developments laid the groundwork for Jur’s pioneering approach to dispute resolution, accessible to professionals and small and medium-sized enterprises globally.
Advancing its mission, Jur pioneered diverse use cases that exemplified the pragmatic applications of its technology in real-world contexts. One of the most remarkable accomplishments was facilitating the inaugural private car sale transaction powered by a smart contract, thereby illustrating the potential of blockchain technology to simplify and secure complex transactions with unprecedented efficiency.
The project’s dedication to fostering a sense of community and driving expansion was palpable, as exemplified by the successful onboarding of diverse communities and the establishment of the Jur Treasury. These strategic initiatives were carefully crafted to cultivate a vibrant, supportive ecosystem around Jur’s platform, thereby promoting active participation and facilitating seamless collaboration among users.
Jur’s native token, JUR, has witnessed substantial advancements, notably its listings on prominent exchanges and a strategic token swap from VeChain to Jur Chain. This deliberate transition aims to bolster the token’s utility and seamless integration within the Jur ecosystem. The deadline for this swap has been set for January 30, 2024, underscoring a forward-thinking approach to ensure the token’s sustained relevance and accessibility.
Beyond these technical and operational achievements, Jur has been an active participant in various conferences and events, lending its voice to discussions on decentralization, blockchain technology, and the future of dispute resolution. Through these engagements, Jur has not only elevated awareness about its solutions but has also established itself as a visionary thought leader in the industry.
Jur’s relentless pursuit of innovation, as exemplified by its ongoing research and development endeavors, particularly in the micro claims sector, underscores its unwavering commitment to addressing the unmet needs that persist within the justice system. The Jur Beta Platform stands as a testament to the project’s tireless efforts to refine and expand its micro justice solutions, thereby rendering them more accessible to a broader and more diverse audience.
Nestled in the crypto-friendly hub of Zug, Switzerland, Jur thrives in a supportive regulatory environment, surrounded by a thriving ecosystem of innovative blockchain projects. This strategic location perfectly aligns with Jur’s vision and objectives, fostering a conducive atmosphere for growth, collaboration, and innovation.
In summary, Jur’s key milestones epitomize a multifaceted approach to harnessing blockchain technology for innovative legal and dispute resolution services. Spanning technical advancements and community outreach to active participation in industry conferences and judicious token management, Jur continues to evolve and adapt in tandem with the needs of its users and the broader blockchain ecosystem.