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Towns Protocol

Towns Protocol is a protocol for building decentralized real-time messaging apps. It consists of an EVM-compatible L2 chain, decentralized off-chain stream nodes, and smart contracts that are deployed on Base. Towns Protocol allows people to create programmable communication use cases, referred to as “Spaces,” in a permissionless manner. These Spaces are ownable, feature on-chain subscriptions (”Memberships”), extendable reputation system, and end-to-end message encryption.

What is Towns Protocol?

Towns Protocol is an open-source, decentralized messaging infrastructure designed to empower users to create, manage, and own digital communication spaces. Built on the Base network, it offers end-to-end encrypted messaging, customizable access controls, and on-chain memberships, enabling communities to interact securely and autonomously.

How Does Towns Protocol Work?

Towns Protocol operates through a combination of on-chain smart contracts and off-chain stream nodes. Users can create 'Spaces'—programmable communication environments—where membership and permissions are managed via smart contracts on the Base network. Messages are encrypted end-to-end and relayed through a decentralized network of stream nodes, ensuring privacy and resilience.

What Makes Towns Protocol Unique?

Towns Protocol stands out by offering ownable communication spaces where creators have full control over their data and engagement policies. Key features include programmable spaces with customizable rules, on-chain memberships with built-in protocol fees, an extendable reputation system, and a decentralized messaging network that ensures privacy and security.

Who Are the Founders of Towns Protocol?

Towns Protocol was co-founded by Ben Rubin (CEO), Brian Meek (CTO), and Patrick Fives. Ben Rubin is known for his expertise in building social platforms, while Brian Meek brings extensive experience in technology development. Patrick Fives contributes with his background in product management and community building.

Latest News

What Key Events Have There Been for Towns Protocol?

In April 2025, Towns Protocol secured a $10 million Series B funding round led by a16z crypto, with participation from Coinbase Ventures and Benchmark. This funding aims to accelerate the development of decentralized social and collaboration tools. Additionally, the TOWNS token is set to launch in Q2 2025, with 10% of the total supply allocated for an initial airdrop to early supporters.

Project Announcements

Towns Protocol has announced the upcoming launch of its native TOWNS token in Q2 2025, following a successful $10 million Series B funding round. The protocol aims to revolutionize Web3 communication by providing decentralized, ownable, and programmable messaging spaces.

Upcoming Events

Latest Airdrop

The TOWNS token airdrop is scheduled for Q2 2025, with 10% of the total 10 billion token supply allocated to early supporters. Specific eligibility criteria and exact dates are yet to be announced.

ICO Time

Details regarding the Initial Coin Offering (ICO) for TOWNS token have not been disclosed as of now.

IDO Time

Information about the Initial DEX Offering (IDO) for TOWNS token is currently unavailable.

TGE Time

The Token Generation Event (TGE) for TOWNS token is planned for Q2 2025, with the token being issued on both the Base chain and Ethereum.

Projects Announcements

Where to Buy TOWNS Token?

As of now, specific exchanges where TOWNS token will be listed have not been announced. It is advisable to follow official Towns Protocol channels for updates on token listings.

TOWNS Token Price

Daily Trading Volume

Trading volume data for TOWNS token will be available post-launch.

All-Time High

Price information, including all-time high, will be available after the token's market debut.

All-Time Low

Price information, including all-time low, will be available after the token's market debut.

Market Cap and Valuation

Market Cap

Market capitalization details will be available once the TOWNS token is actively traded.

Fully Diluted Valuation

The fully diluted valuation can be estimated based on the total supply of 10 billion tokens and the market price post-launch.

TOWNS Token Price Prediction

Currently, there are no available forecasts from reliable experts or publications regarding the TOWNS token price. It is recommended to monitor official channels and reputable financial news sources for future analyses.

FAQ

What is the Purpose of Towns Protocol?

How Can I Participate in Towns Protocol's Ecosystem?

What Sets Towns Protocol Apart from Competitors?

Is Towns Protocol Secure?

What are the Risks Associated with Towns Protocol?

Community Sentiment

25.03K Votes

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.