Express

RChain Cooperatives Claiming A Loss Of About $4.1 Million In 2018

Liang CHE

Summary: According to theblockcrypto.com, the RChain Cooperative, a blockchain platform that once competed with Ethereum, released a financial report on Monday that included a 2018 income statement and a February 2019 balance sheet. In 2018, RChain Cooperatives generated $22.2 million in proceeds from the sale of tokens and cryptocurrencies, but spent $26.3 million, which meant a ...

According to theblockcrypto.com, the RChain Cooperative, a blockchain platform that once competed with Ethereum, released a financial report on Monday that included a 2018 income statement and a February 2019 balance sheet. In 2018, RChain Cooperatives generated $22.2 million in proceeds from the sale of tokens and cryptocurrencies, but spent $26.3 million, which meant a total net loss of $4.1 million for the fiscal year.

Last Update:

Tags: ,
Link: RChain Cooperatives Claiming A Loss Of About $4.1 Million In 2018   [Copy]
Next:

Related Articles

  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 8 hours ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 4 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 7 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 11 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 13 days ago

    • You need to login to comment.