Towns has postponed the TOWNS airdrop originally scheduled for Q2 to summer, and the second snapshot will be completed as the airdrop approaches

Towns Protocol, a decentralized communication protocol, announced the latest developments regarding the TOWNS token and protocol. The first activity snapshot was taken on April 10, 2025, and the second snapshot will be completed as the airdrop approaches, both of which will be included in the distribution plan. The protocol continues to grow, with 415346 Towns created and over 15 million transactions completed in the past 30 days. The cumulative user revenue exceeds $21 million, and the adoption rates of the community, DAO, and creators continue to increase. The airdrop originally scheduled for the second quarter has been postponed to the summer to improve allocation, user analysis, and protocol infrastructure construction. It is reported that Towns recently announced the completion of a $10 million Series B funding round, led by a16z crypto, with new investment from Coinbase Ventures and continued participation from Benchmark. Previously, Towns announced that they will launch TOWNS tokens in Q2, with an initial airdrop ratio of 10%.