what's Towns?
Towns is a decentralized social platform designed for web3 communities, functioning as a community-owned alternative to traditional apps like Discord. It enables users to create and join "towns" – private or public spaces for interaction, governance, and collaboration – where participants maintain full control over their data, moderation, and decision-making processes through on-chain mechanisms. The platform leverages blockchain technology, specifically built on frameworks like Caldera, to ensure transparency and ownership. Users can earn points through activities such as joining towns, creating content, and participating in governance, which may contribute to token-based rewards. Towns emphasizes interoperability with other web3 ecosystems, allowing seamless integration of NFTs, wallets, and decentralized identities to foster gated communities and exclusive experiences. At its core, Towns aims to redefine online social dynamics by shifting power from centralized entities to users, supporting features like encrypted messaging, event hosting, and token-gated access. This creates a scalable infrastructure for builders and communities to experiment with novel social primitives in a trustless environment.
Towns now offers natural language bot for Hyperliquid perpetuals via conversational commands.
contract
ethereum
binance-smart-chain
base
Integrated Polymarket betting functionality directly into the platform.
New update adds natural language bot functionality for opening and managing perpetual positions on Hyperliquid, allowing users to execute trades through conversational commands.
New perpetual trading functionality launches in Towns through technical integration with HyperliquidX.
Wasabi platform lists $TOWNS with up to 3x leverage trading and yield earning from onchain activity.
Adds fee splitting feature for trading that rewards callers and creators who guide their communities.
Towns groups generated over $33M on Base blockchain over the past year.
New dApp rodeo builds on the protocol, providing Polymarket-powered betting functionality in group chats.
Secures $13.3M funding round.
Towns executes $1M token airdrop to community members with direct distribution requiring no claim process.
An airdrop is expected for the project, as indicated in a list of upcoming airdrops.
First Creator Central live session scheduled for Wednesday 8am EST featuring crypto creator Zeneca, with a competition element to be introduced.
Creator Central community launches in collaboration with R3ACHNTWRK creator management company, featuring live sessions with top creators, weekly content feedback, and free community access.
Token is now live on Stargate, allowing seamless cross-chain movement between Ethereum and BNB Chain with no slippage using LayerZero technology.
Token becomes available on OpenSea marketplace, expanding beyond traditional crypto exchanges into the NFT ecosystem.
Bithumb exchange announces new listing, driving 14.9% price increase
Protocol raises $60M from backers at $70M market cap, launches as first Base ecosystem fund raise on Echo.
Token lists on HTX exchange with deposits now open.
Multiple major exchanges including Robinhood, Binance, KuCoin, and Poloniex have listed or promoted the token, significantly expanding market accessibility and trading opportunities.
Major third-party airdrop executed with mixed results, affecting significant portion of community members.
4M TOWNS tokens staked to Sistine Research within hours of launch, establishing first major staking position.
Perpetual futures market goes live on Coinbase International Exchange and Coinbase Advanced with full trading functionality.
Initial liquidity provision offering 67,270% APR with individual LPs reporting multi-million dollar projected returns.
Coinbase announces upcoming listing with 'Experimental' label, pending liquidity requirements.
New Bybit spot listing launches with 20M TOWNS trading incentives.
Binance Alpha introduces 1359 TOWNS airdrop per eligible user and 35M TOWNS trading challenge prize pool, with pre-trading starting 2 hours before main listing.
Pre-market trading indicates $0.10 per token with implied $1B fully diluted valuation despite low volume.
Airdrop eligibility checker launches, requiring verification through Towns.xyz wallet specifically.
New Binance listing confirmed for August 5, 2025 (14:30 UTC) with USDT, USDC, BNB, FDUSD, and TRY pairs.
Protocol positioned as infrastructure layer with Towns.xyz being first of hundreds of expected applications to utilize the technology.
Platform reaches 1M+ paid memberships and 332k+ group chats, demonstrating significant user adoption.
Airdrop eligibility extends to both Town owners and active community members, with post-TGE campaigns focused on community building.
Token launch officially announced following $30M revenue milestone.
Protocol generates $30M revenue and announces token buyback/burn mechanism using protocol fees
Product generates revenue from active paying users ahead of token launch.
Binance Alpha announces TOWNS listing and points-based airdrop launching August 5th.
Multiple protocols expected to target active community members for future airdrops due to on-chain presence.
Moonbirds NFTs surge 147.9% following airdrop points qualification.
Secures $3.5M funding round led by 1kx; launches 25k-member Telegram channel with $1.4M in raffle engagement.
Planned 5555 NFT mint paused and pivoting to invite-only 55 NFT collection with 1:1 format.
New 5555 PFP collection launches at 0.0716 ETH on Base, requiring NFT ownership for Towns access.
Platform achieves 2x performance improvement for onchain applications.
Points boost program ends today for NFT collection holders joining associated Towns, indicating structured reward mechanism implementation.
Secures $25M from Founders Fund and Sequoia; achieves 414K+ active communities milestone.
Platform goes live; confirms upcoming token airdrop for users.
Platform generates $20M in user revenue and $2M in protocol fees, with proceeds allocated to token buyback and burn program.
Caldera rollup achieves highest activity among all Celestia chains.
Token launch scheduled for Q2 2024.
Protocol secures $35M in funding (a16z-led), launches token this quarter with revenue-sharing and buyback mechanics.
Project reaches 320,000 point holders with high ongoing on-chain activity.
Transaction volume surpasses $9.1M milestone on blockchain messenger platform.
Platform experiences rapid growth with 30,000 new towns created in the past week.
Platform experiences rapid growth with 30,000 new Towns created in one week.
Protocol secures $35M in funding round.
Recent funding round secured with Coinbase Ventures backing in socialfi sector.
Blockchain messenger launches on Apple App Store, expanding iOS user access.
New airdrop guide published by atoms_res details participation requirements and process.
Additional points allocation planned before upcoming airdrop. Points tracking available at official website.
Native token launch confirmed for Q2 2024.
Token distribution eligibility confirmed for OG Quirkies and Quirklings holders; token now publicly available.
Token launches on Base blockchain platform.
$35M funding secured with 332K active group chats and 1M+ memberships; token announcement imminent.
Protocol decentralization initiative launches with 60,000 active communication spaces.
Secures $10M Series B funding round led by a16z crypto.
$10M funding raise completed last week, positioning protocol for development of decentralized social platforms.
$10M Series B funding round secured, demonstrating significant institutional backing.
Airdrop scheduled for Q2 2025.
New in-app trading feature enables direct token trading and social interaction in single interface.
New town creation generates 32 ETH in membership fees within days.