Realms vs Snapshot

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    total number of voters surveyed : 1.14 million addresses have used Snapshot, RealmsDao only 4596 addresses have used it :smile:

    checked the average number of proposals for each DAO :that each DAO in Snapshot has presented an average of 10 proposals, and this number is 8 proposals for each DAO in RealmsDao. :laughing:

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    Question

    Realms

    Realms provides a platform for builders on Solana to create a DAO, manage their members, vote on proposals, and allocate their treasury. Whether you are running a multisig, NFT community DAO, or community token DAO, Realms has the tools and integrations to help your community flourish.

    Snapshot

    Snapshot is a place where projects can create proposals for people to vote on using cryptocurrency. In the industry, this process is called ‘vote signaling’. Traditionally, to vote using cryptocurrency would normally incur fees to process the movement of currency from one wallet to another.

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    DOAs?

    A DAO is a decentralized autonomous organization, a type of bottom-up entity structure with no central authority. Members of a DAO own tokens of the DAO, and members can vote on initiatives for the entity. Smart contracts are implemented for the DAO, and the code governing the DAO's operations in publicly disclosed.

    What is a DAO Crypto example?

    Examples of operational DAOs include DASH, a cryptocurrency managed by its users, MakerDAO, a software that maintains a stablecoin, and Augur, a prediction market platform. Other use cases include incentivizing users to operate social media platforms, such as Steemit, or shared virtual worlds, such as Decentraland.

    What is Solana digital currency?

    The Solana project is a fast and scalable blockchain similar to Ethereum and "Cardano" that also supports "Smart Contracts" and "Decentralized Applications" (DApps). The construction of this project started in 2017 by "Anatoly Yakovenko" and "Greg Fitzgerald" and three years later in 2020, the protocol and its local digital currency, Solana, was released with the symbol SOL.Blockchains like Ethereum and Bitcoin are currently facing scalability issues. This means that the speed of their transactions is not high enough and the fee for each transaction is very high. These problems make it impossible to use them in wide applications. Unlike such blockchains, the Solana blockchain has been able to solve this scalability problem by presenting the concept of "Proof of History" and at the same time maintain the other two features of the blockchain, i.e. decentralization and security.

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    We have 4 graphs above which include total votes and total voters and total suggestions and total daily Daos and in general in Snapshot protocol and Realms protocol. We can see that the number in Snapshot protocol is much more than Realms protocol.

    conclusion:

    As we have seen in the graphs above, in general Snapshot is older and in terms of the number of voters and the number of votes and proposals, it has performed better than the Realms protocol.

    But overall, the trend of both projects is positive, and with the passage of time, we see an increase in activity in both