Overview of Helium launch costs

Paid to: Reason: Amount in HLM: TX:

KarmaWolf - Cryptopia listing, development funding, advance for stonehedge 72210 link
- $5k development funding from cryptosteve and stonehedge salary 38340 link
- Project lead fee 40000 link
cryptoconsultant - Development funding & website/marketing 1841.5 link
overbuilt - Development funding 2200 link
stonehedge - Development and consulting 15000 link
faetos - Development 5000 link
RzeroD - Block explorer/discord/development 2000 link
craslovell - 2017 bounty campaign 1500 link
knout - Treasury test transaction 1 link
Phore team - Development and launch 20000 see notes

Total: 198092.5

NOTES:

Some of the above transactions are repayments to community members that fronted the costs of pre launch development.
The crowdfunding round took place in April and the loans were denominated in USD. The treasury has settled the loans at a rate of 1USD/1HLM.
The payments to KarmaWolf include 5 BTC for the Cryptopia listing, 5 BTC advance to stonehedge and 5BTC to cover his salary.
This BTC is held by the treasury. The fee for the Phore team was kept from the disbursal to the treasury address.

Outstanding debt: Amount in USD:

richyjames - Development funding & governance development funding $5,350.00

allomancer_jak - Development funding $2,100.00
faetos - Testnet and trial run server costs $76.50

Balance on 29-9-18: Treasury assets: Liabilities:

5 BTC
433730 HLM $7,526.50