Towns, a decentralized communication protocol, is set to launch its $TOWNS token in Q2 2025, following a $10 million Series B round led by a16z crypto. Built on Base, Towns aims to power Web3 communities with on-chain messaging.
Here’s the scoop on this exciting Web3 project:
$TOWNS Token Launch
- Total supply: 10 billion tokens, launching in Q2 2025.
- 10% (1 billion tokens) allocated for an airdrop to reward early supporters.
- Runs on Base for scalable, low-cost transactions.
Ecosystem Design
- Fees (membership, tips, transactions) feed back into the $TOWNS ecosystem via token sales and burns.
- Strengthens community ownership and network sustainability.
Series B Boost
- Raised $10M in April 2025, led by a16z crypto, with Coinbase Ventures and others.
- Funds will enhance Towns’ role as a decentralized social layer for dApps.
Why It Matters
- Founded in 2022, Towns offers a Web3-native alternative to Discord and Slack.
- Backed by top VCs, it’s poised to redefine how crypto communities interact.
$TOWNS token is already generating buzz, with X posts highlighting its 32 ETH per town fees and airdrop opportunities. Join Towns today to qualify for the airdrop and be part of the future of decentralized communication!
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