What Is Towns (#TOWNS ?

Towns is a decentralized messaging protocol built on Ethereum Layer 2 (Base), enabling secure, private, and programmable group communication. It uses encrypted off-chain Stream Nodes and smart contracts to power customizable on-chain chat groups called Spaces. Each Space is an ERC-721 token owned and managed by its creator or DAO, with dynamic pricing, on-chain memberships, and flexible permission systems. The protocol is governed by the Towns $DAO using the TOWNS token for staking, delegation, and proposal voting.

On August 4, Binance listed $TOWNS as part of its HODLer Airdrop program and enabled trading against USDT, BNB, USDC, FDUSD, and TRY.

With scalable L2 architecture, end-to-end encryption, and full community ownership, Towns offers a new paradigm for decentralized messaging.