Social protocol Towns Protocol confirms that it will issue tokens this quarter, with an initial airdrop of 10%
04-16 00:41
Odaily News Towns Protocol, a social protocol with a total financing amount of up to $35.5 million, announced in a post on X that it will launch the TOWNS token in the second quarter of 2025. The total supply of TOWNS is 10 billion, and the initial airdrop ratio is 10%. Earlier news, Towns Protocol completed a $25.5 million Series A financing in February 2023, led by a16z, with participation from Benchmark, Framework Ventures, etc.; earlier this month, Towns Protocol announced the completion of a $10 million Series B financing, led by a16z, with participation from Coinbase Ventures, Benchmark, etc.
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