Why launch a transparency report?
Electrical Coin Co. (ECC)* is dedicated to openness and transparency — as we assist evolve and assist the Zcash digital forex and in assist of our mission to empower individuals with financial freedom. This transparency report particulars firm revenue, bills, and use of funds throughout Q1 2022.
Key takeaways
Bootstrap acquired cash at a worth above the ECC operating-expense degree for Q1 2022. Throughout this time, Bootstrap acquired cash at a mean of $1,055,000 a month (on the Q1 common ZEC value for every of the three months’ distribution dates at $137.75), and ECC incurred common month-to-month bills of roughly $700,000.On the finish of Q1 2022, Bootstrap and ECC collectively held roughly $6.1M in USD and roughly 96.1K ZEC. As of September 14, 2022, the corporate held roughly $3.5M in USD and roughly 119.7K ZEC.
Click on right here to obtain the complete report.
