What is the currency
$TOWNS It is the currency of the Towns Protocol project, which is a decentralized infrastructure that enables instant messaging and digital communities that are owned and managed by
its users — instead of being managed by a central authority.
Through Towns, anyone can create "Spaces" (spaces/communities) that are programmable — meaning that the rules, membership
access, and even subscriptions can be defined by smart contracts.
Messages are end-to-end encrypted and do not rely solely on central servers, but rather a distributed network of “stream nodes” that
handle messages to provide privacy and decentralization.
The protocol is built on EVM-compatible Layer 2 technologies (on a network like Base) and uses smart contracts for membership systems, governance, and rewards within the network.
The token associated with the project is known as TOWNS, and is used to support various functions in the system such as governance
contract security, and economic support for spaces and communities.
Initial distribution: approximately 10,128,333,333 tokens.
Maximum supply after about 84 months can reach ~15,327,986,354 tokens.
🧩 What makes it unique?
It gives users true ownership of the communities they participate in, including membership that can take the form of NFTs, encrypted access, and customizable rules.
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