Why launch a transparency report?
Electrical Coin Co. is dedicated to openness and transparency — as we assist evolve and assist the Zcash digital forex, and in assist of our mission to empower folks with financial freedom. This transparency report particulars firm revenue, bills, and use of funds throughout Q1 2023.
Key takeaways
- Bootstrap obtained cash at a price beneath the ECC working expense degree for Q1 2023. Throughout this time, Bootstrap obtained cash at a mean of $345,000 a month (on the Q1 common ZEC value, $45, for every of the three months’ distribution dates), and Bootstrap and ECC incurred common month-to-month bills of roughly $677,000.
- On the finish of Q1 2023, Bootstrap and ECC collectively held roughly $1.4M in USD and roughly 107.8K ZEC. As of September 27, 2023, the corporate held roughly $676K in USD and roughly 89K ZEC.
