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 earnings, bills, and use of funds throughout Q2 2022.
Key takeaways
Bootstrap acquired cash at a worth above the ECC operating-expense degree for Q2 2022. Throughout this time, Bootstrap acquired cash at a median of $850,000 a month (on the Q2 common ZEC worth, $111, for every of the three months’ distribution dates), and Bootstrap and ECC incurred common month-to-month bills of roughly $780,000.
On the finish of Q2 2022, Bootstrap and ECC collectively held roughly $4.6M in USD and roughly 112.1K ZEC. As of December 20, 2022, the corporate held roughly $1.8M in USD and roughly 120K ZEC.
Learn the total report.