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Towns

ALPHA
Info
Platform
Blockchain
Community
Updated: Jun 17, 2024
Token-
Market Cap
Price--
Social Score285-
All-Time High
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All-Time Low
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Social Activity Brief

Within the past 30 days, this project has maintained a consistent level of social media activity for the majority of the time. However, there was a significant drop in activity on one day, with the score being much lower than the rest of the days. Overall, the project has shown a steady level of engagement on social media, with occasional fluctuations.

Funding Rounds

ROUND Total Amount Investor DATE
Series A $25,500,000 2023-02-23

About Towns

Towns NFT Game is a web3 communication platform for online communities that offers a complete system for community builders. It is an Ethereum-based system of smart contracts that puts users in control of their online space. The contracts are extensible, composable, and upgradeable, enabling communities to write their own rules for moderation, access, and monetization. The platform has three key components:

1: Towns Protocol, which is a composable smart contract system that is governed by a decentralized network of nodes.
2: appTowns, which is an open-source, end-to-end encrypted chat experience that ties together user identity and Town ownership through smart contracts representing access, moderation, privacy, and reputation. Tight integration with the web3 ecosystem directly in-app allows for new opportunities for users to interact with their communities in ways that weren’t previously possible.
3: daoTowns, which is a group dedicated to supporting the growth and development of the protocol. The DAO makes important decisions for the platform, such as voting on the core development roadmap, technical upgrades, and managing the treasury. The DAO will represent key stakeholder groups in the Towns ecosystem, like users, node operators, space owners, and core contributors. Eventually, the platform aims to become fully decentralized and open-source.