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ECC Transparency Report for Q2 2021


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 folks with financial freedom. This transparency report particulars firm revenue, bills and use of funds throughout Q2 2021.

Key takeaways

  • ECC and its guardian 501(c)3 Bootstrap acquired cash at a price above the operating-expense degree for Q2 2021. Throughout Q2 2021 Bootstrap acquired cash at a median of $1,438,000 a month (on the common ZEC value for every of the months’ distribution dates at $187.83) and incurred common month-to-month bills of roughly $655,000.
  • On the finish of Q2 2021, the corporate held roughly $6.6M in USD and roughly 58.5K ZEC. As of December 8, 2021, the corporate held roughly $6.9M in USD and roughly 78.2K in ZEC.
  • Throughout Q2 2021, Bootstrap made the election to pick out C Corp standing for the Electrical Coin Firm, its wholly owned subsidiary.

Click on right here to obtain the complete ECC Transparency Report for Q2 2021.

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