T

Towns

TOWNS
RootData List 2023

Decentralized programmable on-chain messaging protocol

Performances

RD Popularity Index

1429.27% (24h)
0100200300400500
Project Rank: 9711/12904

RD Growth Index

2570.35% (24h)
0400800120016002000
Project Rank: 2014/12904
Comparison:
1h24h7d30d60d90d
1.15%0.72%17.28%42.02%43.59%53.14%

Comparison

Tokenomics

Unlock Progress

Unlocked2B TOWNS(13.76%)
Locked13B TOWNS(86.23%)
Untracked15B TOWNS(100%)

Data source: CoinGecko

TOWNS is used for staking, governance, and feature access in the Towns social protocol (Spaces). Tokens are released with inflation that decreases over time.

Top Holders

AddressTokenQuantity7dPercentageValue
0x4269...c682TOWNS2,799,999,999--27.65%$3.48M
Base: L1 Standard Bridge (2c35)TOWNS2,143,704,482.54--21.17%$2.67M
Binance 8 (acec)TOWNS2,125,869,64768,357,879+3.32%20.99%$2.64M

Open Markets

#ExchangePairPrice+2% depth-2% depthVolume (24h)volume %
1TOWNS/KRW$0.005757$7,892$12,179$164,6938.71%
2TOWNS/USD$0.00572$23,402$32,537$65,5863.47%
3TOWNS/BSC-USD$0.006301$27$27$20.00%

Follow Updates

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People

About Towns

Towns is a decentralised real-time group chat protocol on Base where communities themselves are on-chain assets: space contracts live on Base, messages run through a dedicated execution layer and off-chain stream nodes, membership tokens gate read and write, paid memberships take a protocol fee, messages are end-to-end encrypted, and the token carries governance and network incentives.

It targets centralised chat platforms that can ban users, take a cut and own the social graph, leaving creators unable to make membership a transferable asset. On 25 August 2026 operations moved to a Swiss foundation, on 4 September an exchange applied a monitoring tag with the token down about nine percent that day, and on 7 September another exchange announced a delisting effective 14 September. Protocol and clients still run, while exchange coverage has visibly narrowed.

Updated: Oct 30, 2026

Unlocks: August 5 marked one year since TGE. Per official docs, team and investor allocations (about 35% of supply) carry a one-year lock followed by two years of linear vesting; max supply is 15.328B against 2.109B circulating at listing.

Buyback and burn: Membership, tipping and trading fees feed an automatic buy-and-burn, but burn volume is far smaller than the 8% annual inflation. Cumulative protocol revenue stands at about 9,255 ETH.

Updated: Oct 30, 2026

Towns activated token governance on January 1, 2026 as the Towns DAO went live, letting holders vote on-chain on protocol parameters, fee structures and treasury allocation; it also transferred protocol operations to the Switzerland-based Towns Foundation to advance decentralized governance.

Towns' forward strategy keeps programmable, self-custodial Spaces communication at its core, expanding the SDK and Mini-App ecosystem and strengthening staking and governance incentives.

Updated: Oct 30, 2026

Ben Rubin — Co-founder & CEO; previously founded Meerkat and Houseparty; started Here Not There Labs in 2020.

Brian Meek — Co-founder & CTO; former GM of Engineering at Skype and CTO at STRIVR.

Patrick Fives — Co-founder; works on product and the DAO governance framework.

Updated: Oct 30, 2026