Towns postpones the originally scheduled TOWNS airdrop from Q2 to summer, and the second snapshot will be completed as the airdrop approaches.

The decentralized communication protocol Towns Protocol announces the latest developments regarding the $TOWNS token and the protocol. The first activity snapshot was conducted on April 10, 2025, and the second snapshot will be completed as the airdrop approaches, both of which will be included in the allocation plan.
The protocol is continuously growing, with 415,346 Towns created, over 15 million transactions completed in the past 30 days, and user revenue exceeding $21 million, with increasing adoption rates among the community, DAOs, and creators.
The airdrop originally scheduled for the second quarter has been postponed until summer to refine allocation, user analysis, and protocol infrastructure development. Recently, Towns announced the completion of a $10 million Series B funding round, led by a16z crypto, with Coinbase Ventures joining as a new investor, and Benchmark continuing to participate. According to previous news, Towns plans to launch the TOWNS token in Q2, with an initial airdrop ratio of 10%.