Thursday, September 23, 2021

ETC Cooperative July/August Board Package

Highlights:

  • Diego López León joins the ETC Cooperative
  • Successful activation of the Magneto hard-fork.
  • ETC Core launch new ETC Node Explorer
  • Treasury progresses during July and August, but that is followed by withdrawal of support by ETC Cooperative in September.
  • Exceptional amount of Grayscale funding during April to August, as ETC prices hit an all-time high during May. Nearly $2.8M USD of revenue was received or has been accrued by the ETC Coop from April to August leaving over $3.2M USD of assets on our balance sheet at the end of the quarter (cash balance and receivables).
  • Ongoing Comms and Marketing work.
  • Ongoing support for Ethercluster and BlockScout.

Also, see Filings page page which lists all of incorporation documents, resolutions, IRS filings and other transparency reports.

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