[Initial Listing] Bitget Will List Towns Protocol (TOWNS) in the Innovation Zone
We are thrilled to announce that Towns Protocol (TOWNS) will be listed in the Innovation Zone. Check out the details below:
Deposit Available: Opened
Trading Available: 5 August 2025, 14:30 (UTC)
Withdrawal Available: 6 August 2025, 15:30 (UTC)
Spot Trading Link: TOWNS/USDT
Introduction
Towns Protocol is a protocol for building decentralized real-time messaging apps. It is the blockchain for communication. It consists of an EVM-compatible L2 chain, decentralized off-chain stream nodes, and smart contracts deployed on Base. Towns allows people to create programmable communication use cases, referred to as “Spaces,” in a permissionless manner. These Spaces are ownable, accrue value, feature on-chain subscriptions (“Memberships”), an extendable reputation system, and end-to-end message encryption. Space creators generate revenue by selling on-chain memberships. The Towns Protocol accrues value by collecting fees from these membership sales, as well as from trading and tips exchanged between users. Those fees are collected in ETH and used to offset, via programmatic buy and burn, the rewards the protocol emits for node operators. As of July 26th, Towns had over 9117 ETH in gross revenue, and the protocol has collected over 901 ETH in net fees.
Contract Address (BASE):
0x00000000A22C618fd6b4D7E9A335C4B96B189a38
Disclaimer
Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget!
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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