SINOVATE Financial Statement: September 2020

Since the beginning, SINOVATE (SIN) has provided transparency across business and development related activities to its community, through monthly financial updates. This policy will continue endlessly for generations to come. Please stay at home, follow the rules, and most importantly stay safe.

Please see the distribution details for September 2020 below:

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Breakdown of Treasury

Treasury funds fee from every mined block: 10%

Marketing: 25 %

Exchange Listing: 25 %

Development: 50 %

Expenditures

Core Developers, Web Developer, Back-end Developers, Insights and Nodejs Developers, Telegram Community Managers, Discord Community Managers, Twitter Administrator, Reddit Administrator, Bitcointalk Administrator, Medium Writers, Campaign Manager, Marketing Team, Content Creators, Art Director;

Team: 3500K SIN

Marketing (Twitter follower bounties, Google Ads, Facebook Ads, Marketers, Influencers and Promoters): 150K SIN

Pools: 50K SIN

STEX Exchange ETH/USDT pairs: 0.4 BTC (2.8 million SIN)

Expenditures in August 2020: 6.5 million SIN

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Below is a breakdown of total expenditures thus far:

Total Expenditures until September 2020: 152.584 million SIN

Expenditures in September 2020: 6.5 million SIN

Total Lifetime Expenditures: 159.084 million SIN

Development Funds Wallet:

As shown above, the total amount received into the Development Wallet currently stands at around 134.375 million SIN.

Additionally, Operating Officer, Community Leader, and investor Tamer Dagli is owed a total of 24.709 million SIN, for providing funds to enable continued development. This debt will be paid when sufficient funds are available via the 10% Developer Fee.

All previous Financial Statements are available via the SINOVATE Medium page.

Join us and stay tuned for all forthcoming updates via our website and social media platforms:

Website Discord . Telegram . Bitcointalk . Twitter . Facebook .Linkedin. Team.YouTube.Reddit.Instagram.

Author: Amit Kaushal

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SINOVATE Financial Statement: August 2020

Since the beginning, SINOVATE (SIN) has provided transparency across business and development related activities to its community, through monthly financial updates. This policy will continue endlessly for generations to come. Please stay at home, follow the rules, and most importantly stay safe.

Please see the distribution details for August 2020 below:

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Breakdown of Treasury

Treasury funds fee from every mined block: 10%

Marketing: 25 %

Exchange Listing: 25 %

Development: 50 %

Expenditures

Core Developers, Web Developer, Back-end Developers, Insights and Nodejs Developers, Telegram Community Managers, Discord Community Managers, Twitter Administrator, Reddit Administrator, Bitcointalk Administrator, Medium Writers, Campaign Manager, Marketing Team, Content Creators, Art Director;

Team: 3500K SIN

Marketing (Twitter follower bounties, Google Ads, Facebook Ads, Marketers, Influencers and Promoters): 150K SIN

Pools: 50K SIN

Expenditures in August 2020: 3.7 million SIN

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Below is a breakdown of total expenditures thus far:

Total Expenditures until August 2020: 146.601 million SIN

Expenditures in August 2020: 3.7 million SIN

Total Lifetime Expenditures: 150.301 million SIN

Development Funds Wallet:

As shown above, the total amount received into the Development Wallet currently stands at around 128.110 million SIN.

Additionally, Operating Officer, Community Leader, and investor Tamer Dagli is owed a total of 22.191 million SIN, for providing funds to enable continued development. This debt will be paid when sufficient funds are available via the 10% Developer Fee.

All previous Financial Statements are available via the SINOVATE Medium page.

Join us and stay tuned for all forthcoming updates via our website and social media platforms:

WebsiteDiscord . Telegram . Bitcointalk . Twitter . Facebook .Linkedin. Team.YouTube.Reddit.Instagram.

Author:Amit Kaushal

SINOVATE Financial Statement: July 2020

Since the beginning, SINOVATE (SIN) has provided transparency across business and development related activities to its community, through monthly financial updates. This policy will continue endlessly for generations to come. The SINOVATE team sends its best wishes to our community and all of your loved ones during this difficult time. Please stay at home, follow the rules, and most importantly stay safe.

Please see the distribution details for July 2020 below:

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Breakdown of Treasury

Treasury funds fee from every mined block: 10%

Marketing: 25 %

Exchange Listing: 25 %

Development: 50 %

Expenditures

Core Developers, Web Developer, Back-end Developers, Insights and Nodejs Developers, Telegram Community Managers, Discord Community Managers, Twitter Administrator, Reddit Administrator, Bitcointalk Administrator, Medium Writers, Campaign Manager, Marketing Team, Content Creators, Art Director;

Team: 3500K SIN

Marketing (Twitter follower bounties, Google Ads, Facebook Ads, Marketers, Influencers and Promoters): 150K SIN

Pools: 50K SIN

Expenditures in July 2020: 3.7 million SIN

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Below is a breakdown of total expenditures thus far:

Total Expenditures until July 2020: 142.901 million SIN

Expenditures in July 2020: 3.7 million SIN

Total Lifetime Expenditures: 146.601 million SIN

Development Funds Wallet:

As shown above, the total amount received into the Development Wallet currently stands at around 122.193 million SIN.

Additionally, Operating Officer, Community Leader, and investor Tamer Dagli is owed a total of 24.408 million SIN, for providing funds to enable continued development. This debt will be paid when sufficient funds are available via the 10% Developer Fee.

All previous Financial Statements are available via the SINOVATE Medium page.

Join us and stay tuned for all forthcoming updates via our website and social media platforms:

WebsiteDiscord . Telegram . Bitcointalk . Twitter . Facebook .Linkedin. Team.YouTube.Reddit.Instagram.

Author:Amit Kaushal

SINOVATE Financial Statement: June 2020

Since the beginning, SINOVATE (SIN) has provided transparency across business and development related activities to its community, through monthly financial updates. This policy will continue endlessly for generations to come. The SINOVATE team sends its best wishes to our community and all of your loved ones during this difficult time. Please stay at home, follow the rules, and most importantly stay safe.

Please see the distribution details for June 2020 below:

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Breakdown of Treasury

Treasury funds fee from every mined block: 10%

Marketing: 25 %

Exchange Listing: 25 %

Development: 50 %

Expenditures

Core Developers, Web Developer, Back-end Developers, Insights and Nodejs Developers, Telegram Community Managers, Discord Community Managers, Twitter Administrator, Reddit Administrator, Bitcointalk Administrator, Medium Writers, Campaign Manager, Marketing Team, Content Creators, Art Director;

Team: 3500K SIN

Marketing (Twitter follower bounties, Google Ads, Facebook Ads, Marketers, Influencers and Promoters): 150K SIN

Pools: 50K SIN

Twitter giveaway: 445K SIN

Expenditures in June 2020: 4.145 million SIN

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Below is a breakdown of total expenditures thus far:

Total Expenditures until June 2020: 138.756 million SIN

Expenditures in June 2020: 4.145 million SIN

Total Lifetime Expenditures: 142.901 million SIN

Development Funds Wallet:

As shown above, the total amount received into the Development Wallet currently stands at around 116.05 million SIN.

Additionally, Operating Officer, Community Leader, and investor Tamer Dagli is owed a total of 26.851 million SIN, for providing funds to enable continued development. This debt will be paid when sufficient funds are available via the 10% Developer Fee.

All previous Financial Statements are available via the SINOVATE Medium page.

Join us and stay tuned for all forthcoming updates via our website and social media platforms:

WebsiteDiscord . Telegram . Bitcointalk . Twitter . Facebook .Linkedin. Team.YouTube.Reddit.Instagram.

Author:Amit Kaushal

SINOVATE Financial Statement: May 2020

Due to the on-going COVID-19 pandemic, the entire crypto space has experienced a quieter than usual period for financial activity. While this is likely to remain the case for others until the outbreak clears, it has been business as usual for SIN. Expenditures required to establish our project both now and in the future will continue foreseeably. The SINOVATE team sends its best wishes to our community and all of your loved ones during this difficult time. Please stay at home, follow the rules, and most importantly stay safe.

Please see the distribution details for May 2020 below:

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Breakdown of Treasury

Treasury funds fee from every mined block: 10%

Marketing: 25 %

Exchange Listing: 25 %

Development: 50 %

Expenditures

Core Developers, Web Developer, Back-end Developers, Insights and Nodejs Developers, Telegram Community Managers, Discord Community Managers, Twitter Administrator, Reddit Administrator, Bitcointalk Administrator, Medium Writers, Campaign Manager, Marketing Team, Content Creators, Art Director;

Team: 3500K SIN

Marketing (Twitter follower bounties, Google Ads, Facebook Ads, Marketers, Influencers and Promoters): 150K SIN

Pools: 50K SIN

Masternodes.online first page banner: 0.244 BTC (1.164 million SIN)

YouTubers: $1500 (763K SIN)

French Media: 0.27 BTC (1.288 million SIN)

Expenditures in May 2020: 6.915 million SIN

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Below is a breakdown of total expenditures thus far:

Total Expenditures until April 2020: 131.841 million SIN

Expenditures in May 2020: 6.915 million SIN

Total Lifetime Expenditures: 138.756 million SIN

Development Funds Wallet:

As shown above, the total amount received into the Development Wallet currently stands at around 110.2 million SIN.

Additionally, Operating Officer, Community Leader, and investor Tamer Dagli is owed a total of 28.556 million SIN, for providing funds to enable continued development. This debt will be paid when sufficient funds are available via the 10% Developer Fee.

Click here for all previous Financial Statements.

Join us and stay tuned for all forthcoming updates via our website and social media platforms:

WebsiteDiscord . Telegram . Bitcointalk . Twitter . Facebook .Linkedin. Team.YouTube.Reddit.Instagram.

Author:Amit Kaushal

SINOVATE Financial Statement: April 2020

Due to the on-going COVID-19 pandemic, the past month has been relatively quiet for financial activity, which is likely to remain the case during the outbreak. Rest assured that we continue to work tirelessly to achieve all of our goals. The SINOVATE team sends its best wishes to our community and all of your loved ones during this difficult time. Please stay at home, follow the rules and most important of all, stay safe.

Please see the distribution details for April 2020 below:

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Breakdown of Treasury

Treasury funds fee from every mined block: 10%

Marketing: 25 %

Exchange Listing: 25 %

Development: 50 %

Expenditures

Core Developers, Web Developer, Back-end Developers, Insights and Nodejs Developers, Telegram Community Managers, Discord Community Managers, Twitter Administrator, Reddit Administrator, Bitcointalk Administrator, Medium Writers, Campaign Manager, Marketing Team, Content Creators, Art Director;

Team: 3500K SIN

KYDcoin Verification: $150 (85K SIN)

Coiniran.com Marketing: 50K SIN

Russian YouTube: 50K SIN

YouTube Influencer Videos: 510K SIN

20 Articles: 510K SIN

Marketing (Twitter follower bounties, Google Ads, Facebook Ads, Marketers, Influencers and Promoters): 150K SIN

Pools: 50K SIN

Kriptoda.com Turkish Crypto sponsorship monthly: $1150 (855K SIN)

ProBit Exchange Listing: 1.75 BTC (7.5 million SIN) + 5 million SIN

Expenditures in April 2020: 18.275 million SIN

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Below is a breakdown of total expenditures thus far:

Total Expenditures until March 2020: 113.566 million SIN

Expenditures in April 2020: 18.275 million SIN

Total Lifetime Expenditures: 131.841 million SIN

Development Funds Wallet:

As shown above, the total amount received into the Development Wallet currently stands at around 103.7 Million SIN.

Additionally, Operating Officer, Community Leader, and investor Tamer Dagli is owed a total of 28.141 million SIN, for providing funds to enable continued development. This debt will be paid when sufficient funds are available via the 10% Developer Fee.

Click here for all previous Financial Statements.

Join us and stay tuned for all forthcoming updates via our website and social media platforms:

WebsiteDiscord . Telegram . Bitcointalk . Twitter . Facebook .Linkedin. Team.YouTube.Reddit.Instagram.

Author:Amit Kaushal