Big changes are coming to Realms, the crypto-governance platform originally built by Solana Labs. Now under the management of Realms Today Trust, the project is evolving with a new focus on profitability, while still supporting the DAOs that rely on its governance tools.
Key Updates:
New Management, New Vision đïž: Realms is being spun out of Solana Labs and taken over by Realms Today Trust, led by four key figures, including longtime contributor Dean Pappas.
Profit-Driven Model đŒ: Realms plans to introduce paid services to secure its future. This includes:
Crypto-advisory services for DAOs on governance setup.
Incorporation advice to help DAOs establish legal structures and bank accounts.
A crypto credit card for spending DAO treasuries.
Free Governance Tools Remain đ: The core governance tools used by Solana-based DAOs will continue to be free, allowing token-holders to vote and manage their operations as usual.
Capturing Market Value đ°: Realms aims to capture a portion of the $1.5 billion in crypto that DAOs hold on its platform. Additionally, they plan to offer $200,000 in grants to support new Solana-based DAOs.
New Developments đ: The Realms team, which has 12 full-time employees, plans to grow and develop new governance frontends for tokenized projects, moving beyond their current "one-size-fits-all" website. They also intend to fork Solana's SPL token governance code to innovate further.
