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:

1. Gravedigger - completed
2. NFT Marketplace
3. NFT Launchpad
4. 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