Introduction to TOWNS

Towns is an innovative platform centered around a cryptocurrency token, enhancing connectivity and interaction through digital chat areas known as “Spaces.” Serving as tailored online communities, each Space is crafted and governed by its creator, who sets the community’s guidelines and controls access. Powered by the Base blockchain, characterized by its speed and security, Towns allows users to enjoy private messaging, sell memberships, and utilize smart contracts for streamlined management.

Key Features of Towns

At the heart of the Towns ecosystem is the cryptocurrency $TOWNS, which serves various functionalities:

Staking: Users can lock their coins to contribute to network stability and enjoy crypto rewards.

Voting: Participate in the decision-making process concerning platform updates and growth.

Membership: Use tokens to unlock exclusive features within Spaces.

Payments: Facilitate transactions including tips, access fees, and earning potential rewards.

Towns aims to shift power back to individuals, fostering autonomy away from corporate control.

The Impact of Towns on Crypto

Utilizing Towns grants users ownership over their communications and data without external interference. This design prioritizes safety, privacy, and community empowerment.

Individuals can monetize their efforts by managing Spaces.

Users are encouraged to participate in governance, vocalizing their opinions on pivotal changes.

Developers can craft chat applications with ease, bolstering innovation within the ecosystem.

This initiative makes cryptocurrency more functional in everyday scenarios, transforming chat applications into hubs of user empowerment and privacy.

Unique Features of Towns

Towns offers distinct tools that enhance the user experience:

Exclusive Spaces: Each Space operates as a digital property, uniquely governed by its creator.

Membership Tokens: Joining a Space requires specific tokens, with rules established by the creator.

Secure Messaging: All conversations are protected through end-to-end encryption, ensuring privacy.

Lightning-Fast Transactions: Powered by the Base blockchain, ensuring efficient and low-cost transactions.

Governance and Staking: Users can stake $TOWNS tokens, enhancing network integrity and influence over updates.

Future Developments for Towns

The roadmap for Towns outlines an exciting path ahead:

2025 Plans: Launch of staking features along with exclusive rewards for Space creators.

End of 2025: Introduction of an Android app and improved web interfaces.

2026 Ventures: The creation of a Bot Marketplace and AI Mini-Apps for enhanced functionality.

2026 Innovations: Develop privacy-focused tools, including zero-knowledge identities, to safeguard user information.

Simplified Overview of the Towns Whitepaper

While the Towns whitepaper is comprehensive, here are essential takeaways:

Towns promotes an open-source framework, allowing diverse projects to flourish.

Developers are encouraged to create dynamic chat applications using smart contracts.

Spaces can be made customizable: Pricing, accessibility, and integration with other crypto services are all manageable.

Membership fees are crucial for network support and operational sustainability.

Towns Token Distribution

The allocation strategy for the 10 billion $TOWNS tokens is as follows:

57% ? Dedicated to community initiatives, ecosystem incentives, and airdrops.

35% ? Allocated to the founding team and early investors.

8% ? For node operators ensuring network performance.

The Visionary Team Behind Towns

The creators of Towns comprise individuals with a strong background in app development:

Ben Rubin – Co-founder & CEO, formerly associated with Houseparty and Meerkat.

Brian Meek – Co-founder & CTO, with a rich history at Skype and various VR platforms.

Pat Fives – Chief Product Officer, also from the Houseparty team.

Serge Khorun – Protocol Lead, who previously worked as an engineer at Google.

Towns Exchange Listings

Towns has made its presence felt in major cryptocurrency exchanges:

Bithumb: Launched the TOWNS/KRW pair on August 13, 2025, with transactions utilizing the Base network. The initial price was 44.94 KRW.

KuCoin: Supports TOWNS/USDT trading.

Coinbase: Listed TOWNS via the Base network.

Binance: Provides loan services using TOWNS.

Acquiring TOWNS

Register and verify your account on platforms like Binance, KuCoin, or Bithumb.

Deposit fiat such as KRW or USD, or cryptocurrencies like USDT.

Search for trading pairs, including TOWNS/KRW or TOWNS/USDT.

Place a purchase order (choose market or limit types).

Post-purchase, you can either stake your tokens or transfer them to a secure wallet.