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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 individuals 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 worth 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 worth 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.
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