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Cooperative Updates
ETC Co-op Transparency Report, July — August 2021
We are pleased to share the ETC Cooperative's Board Package for July and August highlighting important news and updates about the ETC Co-op. So much has taken place over these last few months—we invite you to learn more below. The ETC Cooperative is committed to providing transparency in a space with so little. We're an open book. Come take a look.
ETC Cooperative Withdraws Support For Treasury Proposal
For over a year the ETC Cooperative focused resources on the development and successful adoption of ECIP-1098, the ETC treasury proposal by IOHK. Below we have provided an in depth look discussing why came to this decision and what lead us there. Below we detail our concerns, expectations, and the reasons behind the withdrawal of support for the ECIP-1098 treasury proposal.
We are delighted to announce that Diego López León has joined the ETC Cooperative.
Diego is a very experienced Java developer who has been working as a blockchain core developer since 2017, first as part of Rootstock (both Bitcoin and Ethereum protocol work) and more recently as part of the Inter-American Development Bank's blockchain group, where he was developing solutions using Hyperledger Besu and other clients/protocols.
Grayscale Investments, the world's largest digital asset manager, revealed that three of its single asset products, including Ethereum Classic Trust (ETCG), and Grayscale have become SEC reporting companies.
Annual GFM report says institutional investors should continue to fuel expansion in the cryptocurrency fund market, as the market anticipates the SEC will approve an ETF within a year.
You now can now mint NFT tokens called "ETC Punks" on ETC - the first NFT (non-fungible token) deployed on the Ethereum Classic network. Read more about ETC's first NFT below.
