Financial Report — April 2017
With the successful establishment of the Lisk Foundation in Zug, we are publishing Financial Reports on a monthly basis.

As of the 26th June 2017 at 5pm CEST, the Lisk Foundation controls the following fiat and cryptocurrency assets for on-going operations and long-term storage:

• 1,057,424.89 CHF
• 1,084,620.93 EUR
• 299,949.77 USD
• 9,488.80929344 BTC
• 4,363,283.33535737 LSK
• 34,848,029,663,160 bytes

Totalling: ~60,000,000 CHF (subject to very volatile markets)

Additionally, the Lisk Foundation holds the following assets for bounties and advisers, totalling over 10,000,000 CHF:

3,863,133.07211678 LSK (Bounties)
761,745.87898046 LSK (Advisers)

Currency conversions
The Lisk Foundation is handling multiple currencies such as CHF, EUR, USD and various cryptocurrencies. The accounting and our financial reports are all done in CHF.
In April 2017 the Lisk Foundation didn’t exchange any BTC for fiat currencies.

Monthly Expenditures
In April 2017 the Lisk Foundation spent approximately 88,179.10 CHF for all operations. Below you can find an approximate breakdown of the expenses for April. Please note, payments to the lightcurve GmbH are being executed every quarter only and are not included.

• Business: 11,429 CHF
• Strategic & creative rebranding: 45,000 CHF
• PR: 7,007 CHF
• Marketing: 3,688.50 CHF
• Legal: 21,054.60 CHF

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