Migaloo

beta v.0.321.084

Proposal #7 Details

BackBone Labs Grant Proposal

Passed

Type:

Community Pool Spend Proposal

Total:

148 889 969.1655 WHALE

Yes

87.88%

(130 841 876.33 WHALE)

0.03%

(48 582.85 WHALE)

Veto

0.02%

(27 470.99 WHALE)

Abstain

12.07%

(17 972 038.99 WHALE)

Total Deposit:

25 000 WHALE

Voting Start:

21.04.2023, 16:28:34

Voting End:

28.04.2023, 16:28:34

Submit Time:

21.04.2023, 16:28:34

Deposit End Time:

05.05.2023, 16:28:34

Description

The purpose of this grant proposal is to allocate 5 million WHALE tokens in funding from the Migaloo community pool to BackBone Labs to develop and launch four key projects on the Migaloo chain:

Gravedigger - completed
NFT Marketplace
NFT Launchpad
NFT Switch

The 5 million WHALE tokens will be sent to a multi-sig controlled by the Migaloo team. They will then send the Backbone Labs team 1 million WHALE to their multi-sig address and the remaining 4 million to be vested over the next 12 months. (BBL has agreed with clawback conditions)

To learn more about this grant proposal read our Medium article @ https://backbonelabs.medium.com/backbone-labs-miagloo-whitewhale-grant-proposal-c0fa1e264f98