Why launch a transparency report?
Electrical Coin Co. (ECC)* is dedicated to openness and transparency — as we assist evolve and assist the Zcash digital foreign money, and in assist of our mission to empower folks with financial freedom. This transparency report particulars firm revenue, bills, and use of funds throughout This autumn 2021.
Key takeaways:
Bootstrap obtained cash at a price above the ECC operating-expense degree for This autumn 2021. Throughout this time, Bootstrap obtained cash at a mean of $1,185,000 a month (on the This autumn common ZEC value for every of the three months’ distribution dates at $154.81), and ECC incurred common month-to-month bills of roughly $717,000.On the finish of This autumn 2021, Bootstrap and ECC collectively held roughly $6.5M in USD and roughly 85.3K ZEC. As of June 22, 2022, the businesses held roughly $4.9M in USD and roughly 113.3K in ZEC.
Click on right here to obtain the total report.