🌃🌆Towns Protocol (TOWNS): A New Decentralized Infrastructure for Real-Time Communication
The Towns Protocol is a decentralized communication infrastructure that enables the creation of real-time messaging applications focused on privacy, decentralization, and community governance. Built on an EVM-compatible blockchain and Layer 2 on Base (Ethereum L2), the protocol integrates decentralized relay nodes, programmable smart contracts, and end-to-end encrypted messages.
Its main feature is the Spaces, programmable and autonomous group chats, where creators can set access rules, fees, staking, and governance systems — all without relying on centralized intermediaries.
Users can stake TOWNS directly in Spaces to gain access, rewards, or influence in group decisions.
The token $TOWNS powers the entire network, being used for security via Proof-of-Stake, activation of functionalities, and governance. The initial supply is 10 billion tokens, distributed among the community (57%), team/investors (35%), and node operators (8%).
Developed by the team behind the Houseparty app and supported by giants like a16z crypto, Coinbase Ventures, and Benchmark, the Towns Protocol aims to redefine digital social communication, returning control of data, community, and monetization to users.
The $TOWNS is already available on exchanges and can be earned through staking, participation, and contributions to the ecosystem.
