Towns recent news: According to Towns Protocol, the social app Towns has announced the completion of a $10 million Series B funding round, led by a16z, with participation from Coinbase Ventures, Benchmark, and others.

Towns is committed to building on-chain communication infrastructure to promote the development of Web3 social and collaborative tools.

Introduction to the Towns Project Towns is a group chat protocol and application designed specifically for online communities, aiming to build better "hometowns" on the internet. Towns allows community members to truly own their town squares and communicate freely through a fully decentralized, end-to-end encrypted chat protocol. Towns enables communities to create programmable, autonomous gathering spaces for interaction. Any group can use Towns to freely meet and chat in spaces designed according to their needs—without worrying about certain organizations changing rules or depriving them of their rights in their activities.

Core Advantages of Towns

• True Ownership of Your Community Each Town's ownership is recorded on the Ethereum blockchain, freely transferable, managed by DAOs/multi-signature contracts, allowing communities to be controlled by members.

• Decentralization & Encrypted Communication End-to-end encrypted chat protocol ensures privacy security, with all communication independent of centralized servers, achieving true free communication.

• Highly Customizable & Programmable Provides open infrastructure that allows communities to design their own rules, develop exclusive clients or APIs, creating a unique social experience.

• Integration of NFTs and Gamified Experience Supports NFT access restrictions, contribution rewards, direct interaction with NFTs within chats, making community interactions more fun and valuable.

• Autonomy and Flexible Governance Communities can be programmed to manage, such as setting exclusive access permissions, incentivizing active members, or automatically executing rules through smart contracts.

Towns Team

• Ben Rubin is the co-founder and CEO of Towns, and also the co-founder of River, which was acquired by Epic Games in 2019.

• Brian Meek is the co-founder of Towns, previously the CTO of STRIVR Labs and the engineering manager at Skype.

Towns Financing

• February 23, 2023, Towns completed a $2.55 million Series A funding round.

Two years later, Towns completes a $10 million Series B funding round.

Summary of Towns The Towns blockchain project is expected to become an important infrastructure for decentralized social interaction and community governance in the future. By deeply integrating NFT ownership, encrypted communication, and programmable rules, it empowers users with true digital autonomy. With the booming development of DAOs and on-chain communities, Towns can expand as a core layer of the Web3 social ecosystem, supporting customized needs for gaming guilds, NFT communities, and decentralized organizations. In the future, it may further integrate cross-chain capabilities, AI-driven community management tools, and a richer range of social scenarios, promoting decentralized social interaction to develop in a more open and interactive direction.

Towns recent news: According to Towns Protocol, the social app Towns has announced the completion of a $10 million Series B funding round, led by a16z, with participation from Coinbase Ventures, Benchmark, and others.

Towns is committed to building on-chain communication infrastructure to promote the development of Web3 social and collaborative tools.

Introduction to the Towns Project Towns is a group chat protocol and application designed specifically for online communities, aiming to build better "hometowns" on the internet. Towns allows community members to truly own their town squares and communicate freely through a fully decentralized, end-to-end encrypted chat protocol. Towns enables communities to create programmable, autonomous gathering spaces for interaction. Any group can use Towns to freely meet and chat in spaces designed according to their needs—without worrying about certain organizations changing rules or depriving them of their rights in their activities.

Core Advantages of Towns

• True Ownership of Your Community Each Town's ownership is recorded on the Ethereum blockchain, freely transferable, managed by DAOs/multi-signature contracts, allowing communities to be controlled by members.

• Decentralization & Encrypted Communication End-to-end encrypted chat protocol ensures privacy security, with all communication independent of centralized servers, achieving true free communication.

• Highly Customizable & Programmable Provides open infrastructure that allows communities to design their own rules, develop exclusive clients or APIs, creating a unique social experience.

• Integration of NFTs and Gamified Experience Supports NFT access restrictions, contribution rewards, direct interaction with NFTs within chats, making community interactions more fun and valuable.

• Autonomy and Flexible Governance Communities can be programmed to manage, such as setting exclusive access permissions, incentivizing active members, or automatically executing rules through smart contracts.

Towns Team

• Ben Rubin is the co-founder and CEO of Towns, and also the co-founder of River, which was acquired by Epic Games in 2019.

• Brian Meek is the co-founder of Towns, previously the CTO of STRIVR Labs and the engineering manager at Skype.

Towns Financing

• February 23, 2023, Towns completed a $2.55 million Series A funding round.

Two years later, Towns completes a $10 million Series B funding round.

Summary of Towns The Towns blockchain project is expected to become an important infrastructure for decentralized social interaction and community governance in the future. By deeply integrating NFT ownership, encrypted communication, and programmable rules, it empowers users with true digital autonomy. With the booming development of DAOs and on-chain communities, Towns can expand as a core layer of the Web3 social ecosystem, supporting customized needs for gaming guilds, NFT communities, and decentralized organizations. In the future, it may further integrate cross-chain capabilities, AI-driven community management tools, and a richer range of social scenarios, promoting decentralized social interaction to develop in a more open and interactive direction.