Snapshot Labs is the core development team behind Snapshot, a widely adopted, open-source governance platform for decentralized autonomous organizations (DAOs). The platform allows crypto projects to create proposals and enables their token holders to vote on them without incurring any blockchain transaction (gas) fees. It achieves this by recording votes as signed messages stored on the decentralized file system, IPFS, rather than on-chain. This innovation has made it an essential tool for community governance across the Ethereum ecosystem and other compatible blockchains, facilitating decision-making for thousands of projects.