The committee’s dashboard showed about 91,453 ZEC and $8.8 million, with $2.4 million committed to grantees. Bowe values the remaining balance at $125.3 million using a ZEC price of $1,300.
The automatic allocation continues regardless of how much the committee already holds. At the network’s target pace, it receives about 144 ZEC a day, worth about $68 million a year.
For comparison, the Financial Privacy Foundation, which administers ZCG’s funds, reported just over $1.5 million in program expenses for the first quarter. Annualized, that’s about $6 million, less than a tenth of the yearly inflow.
The dollar figures move with ZEC. Even at $500 per coin, Bowe estimates the existing treasury would cover about five years of spending at an assumed $10 million a year.
Outreach spending draws scrutiny
The proposal arrived amid criticism of a ZCG-funded outreach program that demonstrated private payments at an adult-industry convention…
