{"id":30815,"date":"2025-01-16T10:50:24","date_gmt":"2025-01-16T10:50:24","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/ecc-transparency-report-for-q1-2024\/"},"modified":"2025-01-16T10:50:24","modified_gmt":"2025-01-16T10:50:24","slug":"ecc-transparency-report-for-q1-2024","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=30815","title":{"rendered":"ECC Transparency Report for Q1 2024"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<h3 class=\"wp-block-heading\">Why release a transparency report?<\/h3>\n<p>ECC is committed to openness and transparency \u2014 as we help evolve and support the Zcash digital currency, and in support of our mission to empower people with economic freedom. This transparency report details company income, expenses, and use of funds during Q4 2023.<\/p>\n<p><strong>Key takeaways<\/strong><\/p>\n<ul>&#13;<\/p>\n<li class=\"p1\">Bootstrap received coins at a value below the ECC operating expense level for Q1 2024. During this time, Bootstrap received coins at an average of $199K a month (at the Q1 average ZEC price, $25.97, for each of the three months\u2019 distribution dates), and Bootstrap and ECC incurred average monthly expenses of approximately $330K.<\/li>\n<p>&#13;<\/p>\n<li class=\"p2\">At the end of Q1 2024, Bootstrap and ECC collectively held approximately $835K in USD and approximately 84K ZEC.<\/li>\n<p>&#13;\n<\/ul>\n<p><a href=\"https:\/\/electriccoin.co\/wp-content\/uploads\/2024\/10\/Transparency-Report-Sept-2024-V3.pdf\" target=\"_blank\" rel=\"noopener\">Read the full report<\/a>.<\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Why release a transparency report? ECC is committed to openness and transparency \u2014 as we help evolve and support the Zcash digital currency, and in support of our mission to empower people with economic freedom. This transparency report details company income, expenses, and use of funds during Q4 2023. Key takeaways &#13; Bootstrap received coins [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[13292,10930,13293],"dealstore":[],"offerexpiration":[],"class_list":["post-30815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-ecc","tag-report","tag-transparency"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ECC Transparency Report for Q1 2024 - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=30815\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECC Transparency Report for Q1 2024 - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Why release a transparency report? 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