CryptoLions Financial Disclosure - Q3 2019
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.
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 [email protected] .
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