INTRODUCTION

The world around cryptocurrencies is always being disrupted by new ideas, from art to banking to food to aerospace. Cryptography has most recently changed how communities participate in creating businesses. Snapshot is a multi-governance community polling dashboard that is off-chain and gasless.

Projects can post ideas on Snapshot for users to vote on using bitcoin. This procedure is known as "vote signaling" in the business world. Traditionally, there would be costs associated with moving money from one wallet to another while voting with cryptocurrencies. On Snapshot, however, such is prevented through the ingenious application of the decentralized storage network known as IPFS. Any votes cast using Snapshot are essentially fee-free because it does not employ "on-chain" verification.

Any address that has either a community-specific token or an NFT may be set up to have voting privileges in a realm, but all of the settings can be changed at a later time through the governance process. An address will be listed as belonging to a Realm in our dashboard if it voted on at least one of the proposals released within the observed time period. Realms has served as a forum for a very varied range of groups that value open decision-making on Solana in 2022. The number of members, frequency of proposals, and voting addresses, all of which differ significantly from one Realm to the next, all serve as indicators of diversity.

METHODOLOGY

Initially, the total number of the proposals, the votes, and the voters are accounted for here for both the snapshot and realms project. Then the comparison of the above-mentioned parameters along with DAOs is accounted with time as a constraint and hence different timescales are used to study the same and analyze the trend of both the projects along with different representations. Now, diving in depth a bit into the total value, the constraints are characterized for each parameter and the user market share in both is also calculated. Then the chart of the proposals, the network which is most commonly used by the projects is charted with different parameters such as the project title, network, space id, etc. As included in this, the average of the votes and the voters are also charted. Now the users in both the Realms and Snapshot are analyzed and the top users are accounted for creating a soothing comparison of the dataset for better perspectives.

The pie diagrams above represent the unique total data that is the count of the parameters in the Snapshot project which has the data of Users,Voters,votes and proposals.

The pie diagrams are the representations of the data that include the votes, the count of the total proposals and the distinct users in the Realms project.

The time dependent analysis of the data such as the count of the votes, the voters, the proposals , the DAOs as well as the users are charted for time on a monthly basis here and and the trend seems to be increasing.Logarithmic scale is used for better representation.

The charts above also represent the same but in different time scales. This can make the user think how the comparison works and hence upon looking into the next chart implement a logical approach

This chart shows the key point that displays the comparison with all the parameters accounted for here and it is clear that the users and the activity is more in the Snapshot than the Realms.

The line representation also indicate the activeness of the Snapshot over Realms with the parameters used above.

The pie diagrams here is the representation of the in depth ideas about the proposals per DAO, the Voters per voter, the votes that each DAO has and the voters of the same. This is accounted for both Realms and Snapshot and it is seen that Vote per DAO is the only parameter for which Snapshot has a higher scale than the Realms.

The chart is a representation of the user market share of both Realms and Snapshot projects and it is seen that the Snapshot has a higher scale which of course can be due to the large number of users and popularity of the Snapshot than the Realms.

The charts are a representation of the timely analysis which is done earlier. This has an additional data that are the DAOs with the time and the left chart shows the reference scale as well.

As considering the popularity of the Snapshot, gathering a few details about it is insane and hence , the chart here shows the Network that is preferred by the users and it is evident that Ethereum Mainnet has the highest and Polygon holding the second position.

The chart here indicates the proposals that is most frequently used by the Snapshot users and it is seen that as high the users which means that as high is the influence of the different proposals.

The chart is also an indication of the space id of the proposals that is used by the Snapshot users.

The chart here is an indication of the average of the voters and the votes in the Snapshot and the Realms projects.

The representation is for the Realms project with the votes, the voters .

Here it is shown the Timely analysis of the New voters in the network as a comparison of both Realms and Snapshot but the Realms has a negligible data and hence is not evident in the chart.

The chart is a cumulative indication of the voters over time and it is seen that it always increases even in less scale for the Realms.

Again here represents the Snapshot data that clearly indicates the count of the voters with different votes category starting from the single votes upto 20 .

The chart here is an indication of the top 10 proposals in realms and the snapshot projects.

For further detailed analysis of the Realms visit: