Launching on Binance, is Towns, led by a16z, going to create a decentralized Discord?

In April of this year, the communication platform Towns Protocol completed a $10 million Series B funding round led by a16z, and has been referred to as the 'decentralized version of Discord.' On August 3, Towns Protocol announced its tokenomics model: the total supply of TOWNS tokens is 10 billion, with over 10% of the tokens set to be airdropped to early users, partners, and content creators. On the 4th, according to the official announcement, Binance spot trading and Binance HODLer airdrop will launch TOWNS. This article will provide a detailed analysis of the project, originally published on April 11.