Towns will launch TOWNS token in Q2, with an initial airdrop ratio of 10%

According to official sources, Towns, a decentralized communication protocol, announced that it will launch the TOWNS token in the second quarter of 2025. The initial total supply of TOWNS is 10 billion coins, which will be launched on Base and Ethereum. 10% of the supply will be distributed to its supporters in the form of initial airdrops. Membership fees, tips, transaction fees, and other transaction fees flow back into the TOWNS token ecosystem through automated mechanisms such as token buying and selling and destruction, providing power to the network and strengthening community ownership of the protocol. In April, social communication protocol Towns completed a $10 million Series B funding round, led by a16z crypto.