Hey Liskers


Transparency Report - January 2017


As of the 21st February 2017 at 6:30pm CET, the Lisk Foundation controls the following fiat and cryptocurrency assets for on-going operations and long-term storage:

- 572,377.69 CHF
- 517,653.10 EUR
- 10,943.958646 BTC
- 4,407,448.78 LSK
- 19,863,230,659,049 bytes

Additionally, the Lisk Foundation holds the following assets for bounties and advisers:

- 3,926,049.87211678 LSK (Bounties)
- 771,745.97898046 LSK (Advisers)


Expenditures

In January 2017 the Lisk Foundation spent approximately 241,172.4 CHF for all operations, including pre-payments and future allocations. Below you can find an approximate breakdown of this years expenses.

Marketing & PR: 7,035 CHF
Infrastructure: ~2,500 CHF
Legal: 15,023.40 CHF
Conferences & Travels: ~3,000 CHF

Furthermore, a pre-payment of around 200,000 EUR (213.610 CHF) was conducted to the lightcurve GmbH which handles development, marketing and community support. This pre-payment is not for January only, after the first quarter the real costs can be better estimated.


Not included are: Taxes, exchange fees, smaller expenses throughout the year and dust.

The transparency report for February will be published in the beginning of April. This lag is necessary to give more accurate, polished and in-depth data.

Source: Lisk Forum