December 12, 2019, 10:32AM EST
• 3 min read

Despite likely Dev Fund extension, Electric Coin Co. may need to restructure its operations

Quick Take

  • Electric Coin Co. will likely receive additional funding from a new Dev Fund for its development of Zcash 
  • The most likely proposal would provide ECC with 7% of all mining rewards or approximately $227,850 per month at the current price of Zcash
  • Despite the continued funding, unless ZEC undergoes a significant market rally over the next year, the company will likely be forced to restructure its budget significantly

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