Binance will list the TOWNS token at 14:30 UTC on August 5.

The TOWNS token will debut in the Alpha round from Binance.

Before the listing of the digital currency, Binance launched its thirtieth project for user airdrops, the Towns (TOWNS) project, on August 4.

The 'Towns Protocol' (TOWNS) communication infrastructure initiative allows developers to create instant messaging applications. The project includes an EVM-compatible layer 2 blockchain, a decentralized broadcasting contract for message delivery, and layer 2 smart contracts on both Base and Ethereum.

Towns offers customizable group chats called 'Spaces', which support:

Message encryption

On-chain memberships

Participation mechanisms

Profit from smart contracts

The Towns Protocol publishes Binance news via X:

Binance HODLer Coin Distributions: Towns (TOWNS)!

Details of the Binance HODLer Coin Distribution

Binance announced that subscribers to Simple Earn products (flexible and/or locked) and/or On-Chain Yields products from July 14 at 00:00 (UTC) to July 17 at 23:59 (UTC) are eligible for the distribution.

The Bitcoin exchange has also revealed important details about Towns and the distributions:

The Genesis supply exceeds 10.12 billion Towns tokens.

The supply of Towns token exceeds 15.3 billion.

More than 305.8 million TOWNS tokens have been distributed in HODLer Airdrop distributions, representing 3% of the total supply of Genesis tokens.

The number of TOWNS tokens traded on Binance exceeds 2.1 billion tokens, representing 20.83% of the total supply of Genesis tokens.

TOWNS will be listed on Binance for free at Binance.

Binance launched HODLer Airdrop distributions to reward users based on their previous BNB holdings.

The cryptocurrency exchange platform announced that it will list the project in the same statement.

TOWNS/USDC

TOWNS/USDT

TOWNS/BNB

TOWNS/FDUSD

TOWNS/TRY

TOWNS will be listed with a Seed tag, indicating that the project is new and may be more volatile than other projects listed on the platform. Users are advised to determine their location before investing.

Binance Alpha, a cryptocurrency exchange platform for Web3 ecosystem development initiatives