It is the thirtieth project under Binance's 'HODLer Airdrops' initiative, aimed at rewarding BNB holders who retained or subscribed to Simple Earn or On-Chain Yields products during a specific period.
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✨ What is the Towns (TOWNS) project?
Towns Protocol is an open-source protocol aimed at building decentralized Web3 messaging infrastructure, built on the Base network and 'Level 2' compatible with the Ethereum Virtual Machine (EVM).
Enables the creation of communication platforms called 'Spaces' that support:
Real-time messaging
End-to-end encryption
Paid membership system via smart contracts (on-chain subscriptions)
Reputation and scalability system
Creation of Spaces without prior permissions (permissionless creation/access).
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📅 Airdrop details and token distribution
Item Information
Qualified snapshot From July 14, 2025 00:00 UTC to July 17, 2025 23:59 UTC
Number of tokens granted 305,848,461 TOWNS (~3.02% of the original total supply)
**Initial Total Supply (Genesis)** Approximately 10.128 billion TOWNS
**Maximum Supply (Max)** Approximately 15.327 billion TOWNS
Amount traded at listing Approximately 2.109 billion TOWNS (~20.83%)
Trading listing date on Binance August 5, 2025, at 14:30 UTC
Trading pairs at launch USDT, USDC, BNB, FDUSD, TRY
Deposit start August 4, 2025, at 11:00 UTC
Listing fee Zero! No listing fees on Binance
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🧐 Why does this project matter?
What distinguishes TOWNS is that it is the first open-source Web3 messaging protocol supported by Binance; it allows communities to create fully owned, encrypted, and smart contract governed digital environments.
It is supported by Binance and aims to be a pioneering step in blockchain-based communications, making it worth following, especially for DAO users, digital communities, and Web3 players.
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✅ Are you eligible to receive the tokens?
If you subscribed or held BNB in the Simple Earn product (flexible or locked) or On-Chain Yields on Binance from July 14 to July 17, 2025, you are automatically eligible to receive tokens in your Spot wallet without any manual action required.
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🔍 Concluding notes
The TOWNS token was officially launched on August 5, 2025, at 14:30 UTC on Spot Binance, with a 'Seed Tag' indicating that it is an emerging project that may experience high price volatility.
If you did not receive the tokens or do not see them in your wallet, you may need to review your Spot wallet or confirm that you were eligible within the specified time frame.
Don't forget to do your own research and exercise caution before investing—like any new Web3 project, it involves risks and potential returns.