Original author: KarenZ, Foresight News
Reprinted: Luke, Mars Finance
When anything intertwines with quantum, it seems to be instantly imbued with a strong sense of futurism and mystery. Quantum biology is no exception.
Just this month, the quantum biology DAO 'Quantum Biology DAO' raised 1724.02 WETH in the token auction on BIO Protocol, valued at approximately $6.886 million at the time, far exceeding the original target, reaching 1344.74% of the intended fundraising amount.
This auction attracted a total of 1,032 bids, with 635 bids successfully completing transactions. If these successful bidding addresses are regarded as independent investors, then each investor averaged over 2.7 ETH (approximately $10,840 at the time) in investments. Notably, one address successfully invested as much as 71.6 ETH in a single transaction. Additionally, another investor expressed an investment intention of up to 88 ETH in one transaction. Regrettably, due to their bid not reaching the final transaction price, they were unable to acquire the tokens as desired.
So, what exactly is the 'Quantum Biology DAO' with an average investment of over $10,000 per person? What mysteries and prospects lie within the field of quantum biology that it is dedicated to promoting?
What is Quantum Biology DAO?
According to an article published in the Journal of the Royal Society Interface on the future of quantum biology, quantum biology primarily explores processes in organisms that cannot be accurately described by classical physics laws. It presents typical examples of biological processes. Additionally, it includes examples such as the transfer of electrons and/or vibrational energy, as well as the magnetic field effects in electron transfer and bird migration. Quantum effects manifest as long-distance effects (such as electron and proton tunneling), exhibiting characteristic temperature dependence, magnetic field effects, participation of superposition (or delocalized) states, resonance effects, etc. Quantum biology may also have a significant impact on many technologies, including sensing, health, environmental, and information technology.
Quantum Biology DAO (referred to as QuantumBioDAO) also believes that quantum biology has a tremendous potential impact on health and longevity, biomanufacturing, and the pharmaceutical industry. QuantumBioDAO has already discovered that weak magnetic field effects in biology can be measured, and these weak magnetic fields can affect DNA repair, cellular oxidation (which is a key mechanism for maintaining health), and the rate of cell division (which is a core mechanism of biomanufacturing).
In the view of QuantumBioDAO, the impact of quantum biology will further expand into other fields and industries in the future. By reasonably configuring magnetic fields, we can make space travel safer and even nurture life on other planets while ensuring food supply. Meanwhile, the long-lived quantum states that exist stably at room temperature in biology will also inspire us to build more advanced quantum computers.
What QuantumBioDAO is doing is bridging the gap between fundamental science and traditional venture capital, and building a bridge between experts and the public in this field. It will also actively engage in related educational work, demonstrating to the public the close connections and importance of quantum biology, thereby attracting more attention and investment into this field.
According to the vision of QuantumBioDAO, it also plans to support the research and development of new quantum instruments. In particular, an optical microscope with nanosecond-level time resolution and optical detection magnetic resonance capabilities can directly detect electronic spin superpositions inside cells without damaging them. In addition, QuantumBioDAO aims to create and capture valuable IP, as well as accelerate the development of quantum biology, facilitating the launch of a series of quantum biology startups.
Quantum Biology DAO Ecosystem
The Quantum Biology ecosystem consists of three autonomous entities: the Quantum Biology Institute (Research Institute), Quantum Biology DAO, and Quantum Biology Incubator.
Among them, the Quantum Biology Institute, as a non-profit organization located in California, aims to confirm that biology operates at the quantum level and to lay the knowledge foundation for future research and commercialization.
Quantum Biology DAO is legally a non-profit association (Verein) based in Switzerland, dedicated to advancing fundamental scientific research in quantum biology, building a bridge between research institutes and incubators, and enhancing communication and connection between technical experts in the field and the public. Quantum Biology DAO may retain relevant intellectual property rights or fund the research and development of instruments and equipment, granting licenses for various uses.
Quantum Biology Incubator focuses on incubating startups aimed at commercializing the results of quantum biology research, with the goal of becoming the preferred provider of instruments and laboratory space for startups in the field of quantum biology. Although the Quantum Biology Incubator has not yet been established, to coordinate various incentives more effectively, the institute and DAO plan to hold partial shares upon its establishment. This way, any successful graduation of the incubator will bring funding returns to the institute and DAO, ultimately driving towards complete self-sufficiency.
QuantumBioDAO Token Design
In terms of token economics design, the total supply of QBIO tokens is set at 1 billion. Among them, 20% of the tokens are allocated to the core team, and this portion of tokens will be fully locked for one year and gradually released over eight years; 7% of the tokens are allocated to service providers with no release period. Additionally, 55% of the tokens are allocated to the treasury; 15% of the tokens are used for community auctions, also with no release period; the remaining 3% is for community incentives.
As previously mentioned, QuantumBioDAO has successfully held a community auction on BIO Protocol, raising a total of 1724.02 WETH, attracting 635 addresses to participate successfully. This means that 150 million tokens will be distributed to these 635 addresses that successfully participated in the auction. The closing auction price was 0.00001149 WETH per QBIO, which, at the current WETH price of $3,300, means each QBIO has a unit price of $0.03447.
As for the 3% community incentive portion, QuantumBioDAO stated that after the token auction ends, it will formulate a specific incentive plan based on the actual situation and needs of the community.
Where does QuantumBioDAO's revenue come from?
Currently, the main revenue of QuantumBioDAO comes from the aforementioned community auction activities. If additional tokens are directly sold through the DAO governance mechanism, more funds can be raised.
Of course, token sales are just the tip of the iceberg in the diversification of QuantumBioDAO's revenue. QuantumBioDAO will also explore various other profit models, such as IP licensing, which will cover a wide range of fields including but not limited to magnetic field configurations, quantum biology instruments, licensed or anonymized patient data, or medical interventions processed and compiled by the DAO.
Additionally, QuantumBioDAO plans to support the construction of specific instruments such as quantum microscopes and plug-and-play low magnetic field rooms (to facilitate research on weak magnetic field effects), hoping to achieve profitability through the sale or licensing of these instruments.
It is worth mentioning that the commercial deployment of the incubator under QuantumBioDAO will also inject new vitality into the DAO's treasury. Through the successful operation of the incubator and the deployment of business projects, QuantumBioDAO is expected to achieve continuous growth and diversification of revenue.
QuantumBioDAO Roadmap
Summary
Longevity and decentralized science (DeSci) are by no means the exclusive territory of the wealthy; they are gradually becoming more common public topics, paving the way for more people to participate in the democratization of science. However, we must recognize that the research complexity in these areas is high, experimental techniques face numerous challenges, and scientific discoveries often follow incremental paths. Therefore, their in-depth development undoubtedly requires more ample time.
