Towns Price in India (TOWNS)

Towns is a decentralized messaging platform built on blockchain technology, designed to let people create their own private and secure chat groups called “Spaces.” These Spaces are like digital “town halls” that users fully own and control. The protocol uses a hybrid setup, an EVM-compatible Layer 2 and smart contracts on Base Mainnet, ensuring both scalability and decentralization. Its native token TOWNS powers the network.

Towns (TOWNS) was founded by Here Not There Labs, led by Ben Rubin, Brian Meek, and Patrick Fives.

• TOWNS token: The native token TOWNS powers the network by supporting staking, governance through the Towns DAO, and unlocking premium features in Spaces.

• Decentralized messaging: Towns enables encrypted, real-time communication in user-owned Spaces without centralized control.

• On-chain memberships: All access to Spaces on the Towns protocol is managed through blockchain-based smart contracts.

• Customizable spaces: Users can build and fully control their own chat environments with advanced permission settings.

Towns protocol, with its innovative approach to decentralized communication, is a strong player in the crypto space, despite being relatively new. Built by Here Not There Labs, Towns combines real-time encrypted messaging, customizable on-chain communities, and decentralized governance into one cohesive ecosystem. Its Layer 2 infrastructure ensures scalability and low fees, while the TOWNS token powers governance, staking, and advanced features. With strong backing, a clear use case, and increasing demand for private, censorship-resistant communication tools in Web3, TOWNS shows strong potential for long-term growth.

You can buy TOWNS from crypto platforms like CoinSwitch.

• TOWNS can be bought and traded on crypto platforms like CoinSwitch. 

• The token can be used to access or build customizable, on-chain chat Spaces.

• Users can contribute to the network as a Stream Node operator and earn TOWNS for relaying messages securely.

• Token holders can vote on proposals and help shape the future of the Towns Protocol via the Towns DAO.

• On the Towns protocol, users fully control their chat Spaces, including rules and access.

• It allows encrypted, end-to-end group chats, ensuring privacy and freedom.

• Transparent and customizable access control using blockchain-based memberships.

• TOWNS is subject to market volatility like all cryptos.

• Towns is still in early stages, and adoption might take time.

• Despite using Layer 2, high Ethereum network congestion could still impact performance.

• Start investing in TOWNS with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for users.

• Easily manage your transactions and portfolio on the app.

Towns Protocol raised a total of $61 million across four funding rounds. These include two Series A rounds, one in Q1 2023 and another on October 15, 2024, each raising $25.5 million. This was followed by a Series B round on April 10, 2025, which added another $10 million. Additionally, Towns conducted a Binance HODLer airdrop on August 5, 2025, distributing 305.85 million TOWNS tokens.