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Time to claim another "pork rice meal."
Last night, official news revealed that Binance Alpha will list Towns (TOWNS) on August 5. Although Towns missed its Q2 TGE, its Binance Alpha listing signals an impending airdrop for early interactive users.
Below, Odaily Planet Daily breaks down the Towns project, its tokenomics, airdrop details, OTC prices, and积分 valuation.
Towns: The Blockchain Discord
Towns is a group chat protocol and application designed for online communities, comprising three components: smart contracts, a decentralized node network, and apps built on the Towns protocol. Its standout feature is the "town square" concept, blending communities, NFTs, and gaming to offer users an Ethereum-based smart contract system with end-to-end encrypted chat. Towns lets community members own their virtual squares and communicate freely via a fully decentralized, encrypted protocol.
The platform provides foundational tools for creating ideal communities. Each Town’s ownership is on-chain, enabling transfer, sale, or management by DAOs or multisig contracts. Towns also allows programmable, autonomous gathering spaces, customizable APIs, and full control for groups to chat and set rules. Community owners can craft unique experiences, like selling channel access keys, rewarding contributions, or enabling in-chat NFT trading.
Per official disclosures, Towns has raised $46 million from investors like a16z Crypto, Coinbase Ventures, Benchmark, Framework, and echodotxyz.
$46M Raised: Towns’ Airdrop Nears
According to project lead coinbilly, Towns has generated over $35 million in real revenue, with $3.5 million in fees used for buybacks and burns.
TOWNS Tokenomics: Airdrop Allocates ~10%
TOWNS is an ERC-20 token with an initial supply of 10 billion and an 8% annual inflation rate, tapering linearly to 2% over 20 years. New tokens are calculated as: Annual inflation = Current supply × Annual rate (e.g., 800 million in Year 1, 864 million in Year 2). Distribution is as follows:
Community Reserve: 43.14%
Team: 21.46%
Investor: 13.74%
Airdrop: 9.87%
Nodes Year 1: 7.9%
Public Investor: 2.62%
Node Inflation: 1.27%
Early interactors will share nearly 10% of the supply, with 43% reserved for future rewards.
Nearly 400K积分 Users: Top 75% Require 1,000+积分
On-chain data shows 573K total users, 446K Towns created, and 397K积分 users.积分 distribution:
100K+积分: 7K users (top 1.76%)
50K–100K积分: 6K users (top 3.35%)
20K–50K积分: 22.8K users (top 9.07%)
10K–20K积分: 25.8K users (top 15.57%)
5K–10K积分: 28.5K users (top 22.75%)
1K–5K积分: 210K users (top 75.64%)
0–1K积分: 95.9K users (bottom 24.36%)
Users with 1,000+积分 rank in the top 75%, making airdrop eligibility highly likely.
Town member analysis:
1-member Towns: 34.9K
2–3 members: 27.9K
4–5 members: 36K
6–10 members: 47.1K
11–15 members: 12.2K
16–20 members: 4.9K
20+ members: 12.5K
Most Towns are early-stage, with only 16.8% having 10+ members. Users can check rankings via layerHub without connecting wallets: layerHub.xyz/search?p=towns.
First Snapshot Closed April 10; Second Pending
Towns announced the first snapshot ended April 10, with a second pre-airdrop snapshot pending. Both will count toward allocations. To maximize rewards, users with prior activity should maintain daily check-ins until the airdrop portal opens.
40B积分 for 10B Tokens: Airdrop Likely "Small Fry"
Over 40 billion积分 have been issued. With ~10% (10B TOWNS) allocated for airdrops, the ratio is ~0.25 TOWNS per积分.
At MEXC’s pre-listing price of $0.049/TOWNS, each积分 is worth ~$0.0049. Thus, 10,000积分 ≈ 2,500 TOWNS ($120).
Note: Excludes thresholds or Sybil filters. Eligible users may receive more, but data and sentiment suggest this airdrop will be modest.
TOWNS Pre-Trading Price on MEXC
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