Solana's Crypto-Governance Hub Realms is Under New Management
Realms, a platform for crypto governance on Solana, is under new management called "Realms Today Trust," aiming to turn a profit. The governance tools for Solana-based decentralized autonomous organizations (DAOs) will remain free, while new paid services will be introduced, including a crypto-advisory service and an incorporation-advisory line. A credit card will also be offered for spending crypto-treasuries. Realms plans to capture part of the $1.5 billion in crypto held by DAOs and will distribute $200,000 in grants to support new DAOs. The new entity is owned by Solana Labs' DAO engineer Sebastian Bor, with Dean Pappas and Jose Neif Jury as directors. Realms has 12 employees and intends to expand its offerings and potentially fork Solana's governance standard for SPL tokens.
