Home Coins QTUM (QTUM) Qtum Foundation Fourth Quarter and Full Year 2020 Expenditures | by Qtum...

Qtum Foundation Fourth Quarter and Full Year 2020 Expenditures | by Qtum | Jan, 2021

- Advertisement - IQ Option CPA

AliExpress WW

Qtum

The Qtum Foundation reports financial expenditures quarterly for transparency and openness with the community. This report covers 4Q 2020 and the full-year expenditures for 2020. Please check the references for the previous 2020 quarters.

4Q 2020 Expenditures

During the fourth quarter of 2020 (October, November, December) the Qtum Foundation spent 110.8 bitcoin, an average of 36.9 BTC per month. The monthly expenditures are shown below (the expenditure amount changes with Bitcoin price fluctuation).

2020 4Q Expenditures (BTC)

Funds spent are further broken down into six categories. The biggest categories are for recurring expenses for Technology Development, Public Relations and Marketing, and Operation Costs. The non-recurring costs are smaller and consist of Compliance Costs, Business Development, and Technical Cooperation.

For the 4th quarter, these category percentages were Technology Development 89.2%, PR and Marketing 3.7%, Operations Costs 3.2%, Compliance Costs 0.0%, Business Development 2.7%, and Technical Cooperation 1.2%. The monthly expenditures in BTC by category were:

The Full Year Expenditures for 2020

For the full year, 2020 expenditures were 717.7 bitcoin, an average of 59.8 bitcoin per month. The monthly expenditures were:

2020 Monthly Expenditures (BTC)

The full-year 2020 breakdown of funds in the six categories were:

The Full Year 2020 Expenditures by Category (BTC)

AliExpress WW

Source link

- Advertisement - IQ Option CPA
Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
469FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,558FollowersFollow
2,230SubscribersSubscribe
USD - United States Dollar
EUR
1.20
GBP
1.39
CHF
1.10
NOK
0.12
JPY
0.01
CAD
0.79
AUD
0.77

Most Popular

bitcoin
Bitcoin (BTC) $ 48,208.00
ethereum
Ethereum (ETH) $ 1,538.49
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 487.14
litecoin
Litecoin (LTC) $ 171.38
eos
EOS (EOS) $ 3.61
okb
OKB (OKB) $ 16.16
tezos
Tezos (XTZ) $ 3.63
leo-token
LEO Token (LEO) $ 1.98
cardano
Cardano (ADA) $ 1.29
monero
Monero (XMR) $ 221.14
stellar
Stellar (XLM) $ 0.419411
chainlink
Chainlink (LINK) $ 26.71
huobi-token
Huobi Token (HT) $ 14.10
tron
TRON (TRX) $ 0.046901
usd-coin
USD Coin (USDC) $ 1.01
dash
Dash (DASH) $ 213.86
neo
NEO (NEO) $ 37.96
iota
IOTA (MIOTA) $ 1.22
nem
NEM (XEM) $ 0.644465
zcash
Zcash (ZEC) $ 118.64
maker
Maker (MKR) $ 2,216.21
paxos-standard
Paxos Standard (PAX) $ 1.01
ethereum-classic
Ethereum Classic (ETC) $ 10.85
vechain
VeChain (VET) $ 0.043515
true-usd
TrueUSD (TUSD) $ 1.01
ftx-token
FTX Token (FTT) $ 28.36
kucoin-shares
KuCoin Token (KCS) $ 4.77
waves
Waves (WAVES) $ 9.46