After the Faircoin 2 crowdfunding campaign. This is a message to update the situation of the Faircoin holdings that can be spend as part of the Faircoop ecosystem developments
The total amount to pay to the faircoin 2 crowdinvestors which invested 25540 euros is 10216000.
A half: 510800 has been paid. Second Half 510800 is pending to be avalable after 6 months. (discount here the 5108 that will go as 1% to the getfaircoin fees account)
The first half was covered from 600000 faircoins bought in bittrex. 89200 are remaing.
And the available amount also growth because 25040 faircoins was bought from merchants.
This two concepts together is 114240.
Therefore: Most of the second half will need to be paid mainly from the pooled fund.
Current holdings without fairfunds: 540000 Faircoin in the pooled fund. 44000 as getfaircoin fees incomes. 120000 in getfaircoin account (including the 114240 resting from the crowdfunding)
More than that we count with the funds of the faircoin recovery adress, which after the bounties already distributed, have still 1360537.257881
Also should be accounted this pending expenses:
49000 from the donation campaign.
30000 Pending bounties
Clearing all this holdings and pending payments,
1479845 This is our current stage
(besides the 9.5M which are in the fairfunds)
From the current budget there is expenses around 50000 faircoin every month. Part of that could begin to be covered with part of the 40% of the incomes of freedomcoop. (together with the getfaircoin fees.)
Faircoop pooled fund: fNWcvkQLg9ELKkV5gH1nsYBJnzHqw7pka7