SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever.
Please see the distribution details for September 2022 below:
Breakdown of Treasury
Treasury funds fee from every mined block: 10%
Marketing: 25 %
Exchange Listing: 25 %
Development: 50 %
Expenditures
Core Developers, Web Developer, Backend Developers, Insight, Nodejs, Mobile Developers, Telegram Community Managers, Discord Community Managers, Twitter , Reddit , Bitcointalk , Writers, Campaign Manager, Regional Managers, Content Creators, Art Director.
Team: 5500K (5,5 million) SIN
Marketing Team and additionally Twitter follower bounties, Google Ads, Facebook Ads, Marketers, Influencers and Promoters):
Marketing: 1000K (1 million) SIN
Expenditures in September 2022: 6500K SIN (6,5 million SIN)
Below is a breakdown of total expenditures thus far:
Total Expenditures until September 2022: 299,471,000 (million) SIN
Expenditures in September 2022: 6500K SIN (6,5 million SIN)
Total Lifetime Expenditures: 305,971,000 (million) SIN
As shown above, the total amount received into the Development Wallet and the New Treasury Wallet combined currently stands at around 296,500,000 (million) SIN. The New Treasury Wallet has been created due to excessive transactions within the Development Funds Wallet, an old wallet.dat that leads to technical issues associated with the private key.
Additionally, Operating Officer, Community Leader, and investor Tamer Dagli is owed 9,471,000 SIN until now for providing funds to enable continued development. Debt owed to Tamer is being paid via the 10% Developer Fee.
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever.
Please see the distribution details for August 2022 below:
Breakdown of Treasury
Treasury funds fee from every mined block: 10%
Marketing: 25 %
Exchange Listing: 25 %
Development: 50 %
Expenditures
Core Developers, Web Developer, Backend Developers, Insight, Nodejs, Mobile Developers, Telegram Community Managers, Discord Community Managers, Twitter , Reddit , Bitcointalk , Writers, Campaign Manager, Regional Managers, Content Creators, Art Director.
Team: 5500K (5,5 million) SIN
Marketing Team and additionally Twitter follower bounties, Google Ads, Facebook Ads, Marketers, Influencers and Promoters):
Marketing: 1000K (1 million) SIN
Expenditures in August 2022: 6500K SIN (6,5 million SIN)
Below is a breakdown of total expenditures thus far:
Total Expenditures until August 2022: 292,971,000 (million) SIN
Expenditures in August 2022: 6500K SIN (6,5 million SIN)
Total Lifetime Expenditures: 299,471,000 (million) SIN
As shown above, the total amount received into the Development Wallet and the New Treasury Wallet combined currently stands at around 289,600,000 (million) SIN. The New Treasury Wallet has been created due to excessive transactions within the Development Funds Wallet, an old wallet.dat that leads to technical issues associated with the private key.
Additionally, Operating Officer, Community Leader, and investor Tamer Dagli is owed 9,871,000 SIN until now for providing funds to enable continued development. Debt owed to Tamer is being paid via the 10% Developer Fee.
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever.
Please see the distribution details for July 2022 below:
Breakdown of Treasury
Treasury funds fee from every mined block: 10%
Marketing: 25 %
Exchange Listing: 25 %
Development: 50 %
Expenditures
Core Developers, Web Developer, Backend Developers, Insight, Nodejs, Mobile Developers, Telegram Community Managers, Discord Community Managers, Twitter , Reddit , Bitcointalk , Writers, Campaign Manager, Regional Managers, Content Creators, Art Director.
Team: 5500K (5,5 million) SIN
Marketing Team and additionally Twitter follower bounties, Google Ads, Facebook Ads, Marketers, Influencers and Promoters):
Marketing: 1000K (1 million) SIN
Expenditures in July 2022: 6500K SIN (6,5 million SIN)
Below is a breakdown of total expenditures thus far:
Total Expenditures until July 2022: 286,471,000 (million) SIN
Expenditures in July 2022: 6500K SIN (6,5 million SIN)
Total Lifetime Expenditures: 292,971,000 (million) SIN
As shown above, the total amount received into the Development Wallet and the New Treasury Wallet combined currently stands at around 282,700,000 (million) SIN. The New Treasury Wallet has been created due to excessive transactions within the Development Funds Wallet, an old wallet.dat that leads to technical issues associated with the private key.
Additionally, Operating Officer, Community Leader, and investor Tamer Dagli is owed 10,271,000 SIN until now for providing funds to enable continued development. Debt owed to Tamer is being paid via the 10% Developer Fee.
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever.
Please see the distribution details for June 2022 below:
Breakdown of Treasury
Treasury funds fee from every mined block: 10%
Marketing: 25 %
Exchange Listing: 25 %
Development: 50 %
Expenditures
Core Developers, Web Developer, Backend Developers, Insight, Nodejs, Mobile Developers, Telegram Community Managers, Discord Community Managers, Twitter , Reddit , Bitcointalk , Writers, Campaign Manager, Regional Managers, Content Creators, Art Director.
Team: 5500K (5,5 million) SIN
Marketing Team and additionally Twitter follower bounties, Google Ads, Facebook Ads, Marketers, Influencers and Promoters):
Marketing: 1000K (1 million) SIN
Expenditures in June 2022: 6500K SIN (6,5 million SIN)
Below is a breakdown of total expenditures thus far:
Total Expenditures until June 2022: 279,971,000 (million) SIN
Expenditures in June 2022: 6500K SIN (6,5 million SIN)
Total Lifetime Expenditures: 286,471,000 (million) SIN
As shown above, the total amount received into the Development Wallet and the New Treasury Wallet combined currently stands at around 275,800,000 (million) SIN. The New Treasury Wallet has been created due to excessive transactions within the Development Funds Wallet, an old wallet.dat that leads to technical issues associated with the private key.
Additionally, Operating Officer, Community Leader, and investor Tamer Dagli is owed 10,671,000 SIN until now for providing funds to enable continued development. Debt owed to Tamer is being paid via the 10% Developer Fee.
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever.
Please see the distribution details for May 2022 below:
Breakdown of Treasury
Treasury funds fee from every mined block: 10%
Marketing: 25 %
Exchange Listing: 25 %
Development: 50 %
Expenditures
Core Developers, Web Developer, Backend Developers, Insight, Nodejs, Mobile Developers, Telegram Community Managers, Discord Community Managers, Twitter , Reddit , Bitcointalk , Writers, Campaign Manager, Regional Managers, Content Creators, Art Director.
Team: 3500K (3,5 million) SIN
Marketing Team and additionally Twitter follower bounties, Google Ads, Facebook Ads, Marketers, Influencers and Promoters):
Marketing: 1000K (1 million) SIN
Expenditures in May 2022: 4500K SIN (4,5 million SIN)
Below is a breakdown of total expenditures thus far:
Total Expenditures until May 2022: 275,471,000 (million) SIN
Expenditures in May 2022: 4500K SIN (4,5 million SIN)
Total Lifetime Expenditures: 279,971,000 (million) SIN
As shown above, the total amount received into the Development Wallet and the New Treasury Wallet combined currently stands at around 268,900,000 (million) SIN. The New Treasury Wallet has been created due to excessive transactions within the Development Funds Wallet, an old wallet.dat that leads to technical issues associated with the private key.
Additionally, Operating Officer, Community Leader, and investor Tamer Dagli is owed 11,071,000 SIN until now for providing funds to enable continued development. Debt owed to Tamer is being paid via the 10% Developer Fee.
SINOVATE (SIN) provides transparency across business and development related activities to its community. One of the transparency efforts includes financial updates, where all monthly expenditures incurred are provided. We will publish the financial reports continuously forever.
Please see the distribution details for April 2022 below:
Breakdown of Treasury
Treasury funds fee from every mined block: 10%
Marketing: 25 %
Exchange Listing: 25 %
Development: 50 %
Expenditures
Core Developers, Web Developer, Backend Developers, Insight, Nodejs, Mobile Developers, Telegram Community Managers, Discord Community Managers, Twitter , Reddit , Bitcointalk , Writers, Campaign Manager, Regional Managers, Content Creators, Art Director.
Team: 3500K (3,5 million) SIN
Marketing Team and additionally Twitter follower bounties, Google Ads, Facebook Ads, Marketers, Influencers and Promoters):
Marketing: 1000K (1 million) SIN
Expenditures in April 2022: 4500K SIN (4,5 million SIN)
Below is a breakdown of total expenditures thus far:
Total Expenditures until April 2022: 270,971,000 (million) SIN
Expenditures in April 2022: 4500K SIN (4,5 million SIN)
Total Lifetime Expenditures: 275,471,000 (million) SIN
As shown above, the total amount received into the Development Wallet and the New Treasury Wallet combined currently stands at around 262,000,000 (million) SIN. The New Treasury Wallet has been created due to excessive transactions within the Development Funds Wallet, an old wallet.dat that leads to technical issues associated with the private key.
Additionally, Operating Officer, Community Leader, and investor Tamer Dagli is owed 13,971,000 SIN until now for providing funds to enable continued development. Debt owed to Tamer is being paid via the 10% Developer Fee.
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