What is Towns (TOWNS)?

Towns (TOWNS) is a Web3 social protocol that empowers people to build and own their online communities directly on-chain, without depending on centralized platforms. Officially launched in August 2025, Towns introduces tokenized “towns” where creators, DAOs, brands, and games can set up membership systems, governance rules, and monetization flows that are transparent, programmable, and portable across dApps.

The project has raised significant funding across multiple rounds: $25.5M in Series A (October 2024) backed by a16z, Framework Ventures, Benchmark, and another $10M in Series B (April 2025) with a16z, Coinbase Ventures, and Benchmark participating. This strong institutional support highlights investor confidence in Towns’ vision to become the on-chain layer for social coordination and creator economies.

The TOWNS token plays a central role by powering access control, incentives, governance, and payments within these communities. Since its token generation event on August 5, 2025, paired with a Binance HODLer airdrop, Towns has been listed on major global exchanges including Binance, Coinbase, Bithumb, Upbit, and Bybit, quickly achieving top 15 status in the Social category.

What makes Towns unique is its blend of social networking, DAO tooling, and token economics—all tied into one ecosystem. Unlike Web2 platforms where data and revenues are siloed, Towns ensures that memberships, roles, and payouts are fully on-chain, giving users true ownership and portability.

Key Features of Towns (TOWNS)

• On-chain Communities: Create “towns” with token-gated access, roles/permissions, and programmable social mechanics.
  
  
• Own Your Graph: Identities, memberships, and assets live on-chain, portable across apps—no Web2 lock-in.
  
  
• Creator & DAO Tooling: Modules for membership tiers, subscriptions, tipping, bounties, and treasury payouts.
  
  
• Programmable Governance: Lightweight voting, proposals, and automation for community rules and revenues.
  
  
• Multichain Access Points: CEX + DEX coverage for global audiences; Base/BSC connectivity for low-fee on-chain actions.
  
  
• Tier-1 Backing: Funded by a16z, Benchmark, Framework, Coinbase Ventures—signal of product and ecosystem support.
  
  

How Does Towns Work?

• Membership & Roles: Communities issue memberships (NFTs/allowlists) or use TOWNS balances to gate channels, events, and perks.
  
  
• Payments & Rewards: Built-in flows for tips, subscriptions, bounties, and creator/DAO payouts to align contributors.
  
  
• Governance Primitives: Token-weighted or role-based votes for proposals (e.g., adding moderators, allocating budgets).
  
  
• Composability: Towns integrate with EVM wallets/dapps; assets and identity can be leveraged across other protocols.
  
  
• Token Utility: TOWNS is used for access tiers, incentives, fee discounts, and governance, tying token value to network activity.
  
  

Towns Tokenomics (TOWNS)

• Token: TOWNS
  
  
• TGE: Aug 5, 2025 (Binance HODLer airdrop on launch day)
  
  
• Funding:
  
  
• Series A: $25.5M (Oct 2024) — a16z, Framework, Benchmark
  
  
• Series B: $10M (Apr 2025) — a16z, Coinbase Ventures, Benchmark
  
  
• Allocations (high level): Foundation, Builders & Ecosystem Grants, On-chain Incentives, Team & Advisors, Investors, Liquidity Reserve, Airdrops
  
  
• (Per your vesting panel: Airdrop 1 = 125M, Liquidity Reserve = 60M unlocked; other buckets locked/vesting.)
  
  

If you want, I can convert your vesting block into a neat bullet list or a simple table for the Coinpedia page.

Where to Buy Towns (TOWNS)?

CEX : Binance (USDT/TRY/USDC/BNB/FDUSD), Upbit (KRW), Bithumb (KRW), Coinbase Exchange (USD), Bitget, Gate, Bybit, MEXC, Bitunix, KuCoin, CoinW, LBank, HTX, WhiteBIT, DigiFinex, Bitvavo (EUR), KCEX, Ourbit, BitMart, BingX, BitKan, Toobit, XT.COM, Phemex, Crypto.com, CoinEx, Bitkub (THB), Coinone (KRW), BloFin, Nami, Poloniex, Tapbit, Mudrex

DEX (Base/BSC/Ethereum):

• Base: Uniswap V4 (TOWNS/ETH, TOWNS/USDC), Aerodrome SlipStream (TOWNS/USDC)
  
  
• BSC: PancakeSwap V3 (TOWNS/USDC, TOWNS/WETH), Uniswap V4/V3 (BSC-USD pairs)
  
  
• Ethereum: Uniswap V4 (TOWNS/USDT)
  

Best Wallets to Store Towns (TOWNS)

Supported wallets: Trust Wallet, imToken, MetaMask, Ledger, Torus, Coinbase Wallet, TokenPocket, iToken Wallet, Assure Wallet, SafePal, BRD Wallet, Coinhub, OKX Wallet, SimpleHold, Portis, WalletConnect

Best picks by use case:

• For DeFi & DEX use: MetaMask, Trust Wallet, Coinbase Wallet
  
  
• For long-term security: Ledger, SafePal
  
  
• For mobile multi-chain: TokenPocket, OKX Wallet, imToken
  

Quick Investor Snapshot

• Backers: a16z, Framework Ventures, Benchmark, Coinbase Ventures (plus others)
  
  
• Rounds: Series A ($25.5M), Series B ($10M), earlier A (Q1 2023) noted in your feed