Snapshot Labs is a decentralized voting system used by crypto projects to survey their user base. This information service provider was established in 2021 by an unknown individual using the pseudonym Fabien Fabien. He serves as both CEO and founder. This CEO initially developed the voting protocol as a side project while working at Balancer, an automated liquidity provider or AMM.
During the process of creating what he called a simple voting system, he realized that his idea could do bigger things. By 2025, Snapshot has significantly developed, now supporting over 5,000 decentralized autonomous organizations (DAOs) globally and introducing advanced features such as reputation-weighted voting, cross-chain governance integration, and AI-assisted proposal analysis. The platform has achieved significant growth, with active DAOs increasing from 2,000 in 2021 to over 5,000 in 2025, and monthly proposals rising from 1,000 to 4,300. The Snapshot ecosystem now includes 1.2 million total voters, a substantial increase from 180,000 in 2021.
The platform launched its token in early 2025, implementing a governance structure that allocates voting rights within the ecosystem. Enhanced security protocols and integration with second-layer solutions improve scalability, while major exchanges like Binance and Coinbase have integrated the infrastructure of Snapshot, solidifying its position as a standard for Decentralization governance.
By 2025, Snapshot has significantly developed into a governance tool for over 5,000 decentralized autonomous organizations (DAOs) worldwide. The platform has introduced advanced voting mechanisms, including:
Indicator | 2021 | 2025 |
---|---|---|
Number of Active DAOs | 2,000 | 5,000+ |
Monthly proposal quantity | 1,000 | 4,300 |
Total number of voters | 180,000 | 1.2 million |
Snapshot launched its token in early 2025, implementing a governance structure that allocates voting rights within the ecosystem. This initiative further enhances community engagement and governance capabilities.
Leading platforms, including Binance and Coinbase, have integrated the infrastructure of Snapshot, consolidating its position as a standard for Decentralization governance.
Snapshot Labs is a decentralized voting system that crypto projects use to survey their user base. The platform was founded by an unknown person using the pseudonym Fabien, who serves as both CEO and founder. Fabien initially developed the voting protocol as a side project while working at Balancer (an automated market maker or AMM). During the process of creating a simple voting system, he realized that his idea could do something bigger.
The token issuance of Snapshot is scheduled for early 2025, implementing a governance structure that allocates voting rights within the ecosystem. The platform is open-source and has been forked multiple times, with Fabien continually encouraging contributions and innovation.
Snapshot has become an important tool in the field of Decentralization governance, supporting the governance needs of over 5,000 DAOs worldwide. By introducing advanced voting mechanisms and enhanced security protocols, Snapshot provides communities with a secure, verifiable, and low-cost voting platform. With the integration of major exchanges, Snapshot’s position is further solidified, becoming the standard tool for Decentralization governance.