CryptoLions Financial Disclosure - Q3 2019

@cryptolions · 2019-10-07 09:36 · cryptolions

About this disclosure

CryptoLions remain dedicated to upholding our promises of transparency within the EOS mainnet and to helping to strengthen the trust bond between the Block Producers and the EOS Community as stated in our Policy Positions and Code of Conduct.

Income

In Q3 2019, we received a total of 14,068.8925 EOS, all from vote rewards. We are on the brink of non-profitability with our last claim rewards (October 6th) being only 101.7 EOS -- dangerously close to the 100 EOS threshold.

Screenshot_2019-10-07_12-33-47.png

Though our income is the lowest ever, the deficit is partially offset by the production of blocks on blockchains besides the EOS mainnet, and increasing revenue from outsourcing services including

  • custom IT solutions
  • smart contract auditing
  • custom EOSIO system contracts
  • software development

We are open for business, and would appreciate any referrals. Please contact roar@cryptolions.io .

Expenses

Q4 2018 Q1 2019 Q2 2019 Q3 2019
General Admin 6833 4829 3702.77 8349
Legal 34229 1865 0 2864
IT & Web 18565 14549 21674.54 13609
Media and Outreach 2753 0 926.26 233
Salaries 56221 92590 62991 53078
Sponsorships 1003 2610 884.28 0
Travel 7800 454 3750.21 0
Projects - misc 30475 10524 9046.27 12145
HR 0 320 284.8 0
TOTAL: 157,879 € 127,741 € 103,260 € 90,281

We count the work of full time staff (five of us) as salary, though much of it goes in to Projects and IT.

🦁🦁🦁

CryptoLions is an EOS Block Producer based in Ukraine. We strive to make EOS more valuable by building projects that improve the ecosystem, by setting the standard for transparency and accountability, and by popularizing EOS all over the world.

website: http://cryptolions.io/ github: https://github.com/CryptoLions telegram: https://t.me/CryptoLions_io steemit: https://steemit.com/@cryptolions twitter: https://twitter.com/EOS_CryptoLions medium: https://medium.com/@cryptolions/ youtube: https://www.youtube.com/channel/UCB7F-KO0mmZ1yVBCq0_1gtA

Russian/Ukrainian: steemit: https://steemit.com/@cryptolions-ua youtube: https://www.youtube.com/channel/UCnVu47FZ09XX9EvrqqgS6uQ twitter: @EOSnews_ru

#cryptolions #eosio #eosblockproducers
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