What Is Towns (TOWNS)?

Key Takeaways

Towns is a decentralized messaging protocol built on blockchain technology, designed to enable secure, private, and programmable group communication.

It operates on an Ethereum Layer 2 (Base) and utilizes a decentralized network of Stream Nodes to manage encrypted messages.

Towns features ownable, programmable communication Spaces with on-chain memberships, flexible pricing modules, and an extendable reputation system.

The Towns DAO governs the protocol through community-driven decisions, using the TOWNS token for staking, delegation, and governance.

@Binance Academy