🧠 About TOWNS Protocol:
A Web3 project that enables the creation of encrypted group chat spaces and a blockchain-based membership system, without the need for intermediaries like Telegram or Discord. It supports end-to-end encryption, programmable access control, and interaction within communities. The project has completed a Series B funding round of $10 million led by Andreessen Horowitz with Coinbase Ventures and Benchmark in April 2025.
Towns Protocol also announced an additional 50% reward for users who have staked tokens, with a 30-day withdrawal lock to help support decentralization and encourage community governance
