The social protocol Towns Protocol has confirmed that it will release coins this quarter, with an initial airdrop of 10%

Odaily Planet Daily News: Towns Protocol, a social protocol with a total financing of up to $35.5 million, announced in X that it will launch the TOWNS token in the second quarter of 2025. The total supply of TOWNS is 10 billion pieces, with an initial airdrop ratio of 10%. Previously, Towns Protocol raised $25.5 million in Series A funding in February 2023, led by a16z and with participation from Benchmark, Framework Ventures, and others; Earlier this month, Towns Protocol announced the completion of a $10 million Series B funding round, led by a16z and with participation from Coinbase Ventures, Benchmark, and others.