ECC Transparency Report for Q3 2021

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 Q3 2021.

Key takeaways:

ECC, by way of its guardian 501(c)3 Bootstrap Org, acquired cash at a worth above the operating-expense degree for Q3 2021. Throughout Q3 2021, Bootstrap acquired cash at a median of $952,000 a month (on the Q3 common ZEC worth for every of the three months’ distribution dates at $124.35) and incurred common month-to-month bills of roughly $554,000.
On the finish of Q3 2021, the corporate held roughly $5.9M in USD and roughly 73.1K ZEC. As of March 17, 2022, the corporate held roughly $5.7M in USD and roughly 93.1K in ZEC.