Why launch a transparency report?
Electrical Coin Co. is dedicated to openness and transparency — as we assist evolve and help the Zcash digital forex, and in help of our mission to empower folks with financial freedom. This transparency report particulars firm revenue, bills, and use of funds throughout Q3 2022.
Key takeaways
- Bootstrap obtained cash at a worth beneath the ECC operating-expense degree for Q3 2022. Throughout this time, Bootstrap obtained cash at a mean of $461,000 a month (on the Q3 common ZEC worth, $60, for every of the three months’ distribution dates), and Bootstrap and ECC incurred common month-to-month bills of roughly $766,000.
- On the finish of Q3 2022, Bootstrap and ECC collectively held roughly $3.0M in USD and roughly 116.9K ZEC.
- As of March 16, 2023, the corporate held roughly $1.3M in USD and roughly 110K ZEC.
Learn the complete report.