Why launch a transparency report?
Electrical Coin Co. (ECC)* is dedicated to openness and transparency — as we assist evolve and help the Zcash digital foreign money, and in help of our mission to empower folks with financial freedom. This transparency report particulars firm revenue, bills, and use of funds throughout This fall 2021.
Key takeaways:
- Bootstrap acquired cash at a price above the ECC operating-expense degree for This fall 2021. Throughout this time, Bootstrap acquired cash at a mean of $1,185,000 a month (on the This fall 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 fall 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 complete report.