What Is Towns ($TOWNS )?
Towns is a blockchain-based messaging protocol that lets users create private, ownable chat groups (“Spaces”) with programmable membership and rules. Built on the Base Layer 2 network, it ensures low fees, fast performance, and strong security.
Spaces: Unique on-chain chat rooms (ERC-721) fully controlled by their creators.
Memberships: On-chain tokens grant access; pricing and access can be customized.
Encrypted Messaging: End-to-end encryption keeps messages private.
Scalability: Built on Ethereum’s Base L2 using a decentralized node network.
Governance: The Towns DAO uses the TOWNS token for decisions, staking, and rewards.
TOWNS Token:
ERC-20 token used for staking, governance, and rewarding node operators.
Inflationary model starting at 8%, tapering to 2% over 20 years.
Bridged to Base for use within the protocol.
Binance Airdrop: TOWNS was launched as the 30th Binance HODLer Airdrop. Users who subscribed BNB to Simple Earn or On-Chain Yields (July 14–17, 2025) received a share of 305.8M TOWNS (3.02% of supply).
Towns brings decentralized, private, and customizable communication to Web3. With strong encryption, DAO governance, and Ethereum security, it’s redefining online group messaging.