July 18, 2019, 4:46PM EDT
• 4 min read

Examining investors' return for Zcash's founders reward

Quick Take

  • Electric Coin Co. raised $3 million for 16.4% of the company during two separate rounds to help kick-start Zcash’s development
  • The first round of investors had rights to 213,150 ZEC for the price of about $4.69 per coin and the second round was entitled to 131,250 ZEC for about $15.24 per coin
  • If investors sold the day they received their ZEC, first-round investors would have made a 3,027% return and second-round investors a 863% return. Even if an investor has still not sold any of the coins they received, they are still up 1,605% (or 425%) from their initial investment

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