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 individuals with financial freedom. This transparency report particulars firm earnings, bills and use of funds throughout Q2 2021.
- ECC and its dad or mum 501(c)3 Bootstrap obtained cash at a worth above the operating-expense stage for Q2 2021. Throughout Q2 2021 Bootstrap obtained 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 C Corp standing for the Electrical Coin Firm, its wholly owned subsidiary.
Click on right here to obtain the total ECC Transparency Report for Q2 2021.