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Towns xyz is an open-source messaging protocol designed for decentralized, real-time communication. It combines off-chain stream nodes for fast message delivery with on-chain smart contracts on Base for ownership, access control, and governance. $TOWNS is the native token of the protocol, enabling staking, Space delegation, and governance through the Towns Lodge, where key stakeholders propose and vote on protocol decisions.
On April 10th, 2025, Towns crypto project announced its $10M Series B funding Round led by Andreessen Horowitz.