This proposal is marked "fastest" and as such will be in Phase 3 in Snapshot for 1 day.

Hence, votes will be taken into account if posted before 6:09am PT | 9:09am ET on Sun May 26 2025.

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Quantum Biology DAO Development Proposal - 016 (QBIO DP-16)

Title: Quantum Biology Institute Tideover Budget for June 2025

Summary

Quantum Biology DAO Development Proposal - 016 (QBIO DP-16) approves a grant to the Quantum Biology Institute to fund its operations for June 2025.

Background

The Quantum Biology Institute is the premier research institute for quantum biology and also the funding source for most of the Quantum Biology DAO co-founders. This proposal is made to tide over the Quantum Biology Institute operational costs for one month; a full grant proposal covering 2025 and forecasting through 2029 has been made publicly available. The Quantum Biology Institute is a registered 501(c)(3) California non-profit committed to open-sourcing their research products and educating the public about quantum biology.

Description

1. Approval of $155,462 USD Grant for the Quantum Biology Institute The Quantum Biology DAO will grant $155,462 USD equivalent to the Quantum Biology Institute. This grant will cover Institute operations during June 2025; a budget is included below.

2. ETH Conversion for USDC Payments For this grant, any payments made by the Quantum Biology DAO in USDC will be made by swapping ETH from the Quantum Biology DAO treasury for USDC and sending the USDC to the Quantum Biology Institute’s Coinbase account.

3. Grant Payment Schedule The Quantum Biology DAO will forward the amount granted to the Quantum Biology Institute without delay.

4. Budget Details

Staff Compensation

Geoff Anders - $0 - Geoff is not taking salary; see below. Clarice Aiello - $10,417 Alessandro Lodesani - $10,417 Jennilyn Gaitan - $7,083 Michael Montague - $10,417 Lőrinc Sárkány - $5,208 - Half-time Brian Ross - $10,417

Total - $53,958

Service Providers

Leverage (Leadership & Comms) - $10,417 - This is in lieu of Geoff’s salary. Leverage (Culture & Operational Support) - $10,417

Total - $20,833

Glendale Lab Costs

Landlord (rent) - $19,500 Basics (Internet, supplies, security, cleaning) - $1,285 - adjusted for actual cleaning costs Amazon (Prime membership) - $17 Various (Supplies) - $5,500

Total - $26,302

JCVI Lab Costs

Various (Supply & Tech) - $10,000 - For Michael in MD at JCVI Lab Various (Laptop for Michael Montague) - $3,500 - Deferred cost

Total - $13,500

Software

Adobe (Adobe Suite) - $35 Docusign - $45 OpenAI (ChatGPT x3) - $60 - Added new user Zoom - $16 Capcut - $20 Github (storage) - $0 - Changed to annual plan in March Notion (Membership for 11) - $132 - Added 2 new team members Bit.ly - $35 Squarespace (Website (domains, emails, etc)) - $42

Total - $385

QBI Symposium

Catering - $3,800 - 40 guests @ $85 each Travel - $12,000 - 15 flights @ $800 each (high-end estimate) Lodging - $6,250 - 25 rooms for 1 night @ $250 each Chairs, tables, etc. - $600 - 8 tables @ $12 each; lines @ $11 per table; 40 chairs @ $6 each; centerpieces @ $20 each (1 per table) A/V - $3,000 - very rough estimate

Total - $25,650 - Event planned for July 6-25 window

Other

Unknown expenses (Buffer) - $2,000 Clarice Aiello (Reimbursement) - $1,200 - For paying contractors for lab work Molecular Biology Summer Workshop - $4,800 - For Clarice Aiello to attend

Total - $8,000

Total (June 2025) - $155,462

Conclusion

Granting one month of funding for the Quantum Biology Institute’s operations will allow it to pay its staff and continue operations for the month of June 2025. During this time, design of the microscope and the microbiological magnetic studies will continue. This material for this budget is largely derived from the Institute’s proposal Annual Budget covering the effort to advance the Institute’s publicly available roadmap, which details costs for 2025 and estimates costs through 2029.