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Towns

Category: SocialFi

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Overview

Total XP Rewards

60

Estimated Rewards

$25M

Funding

$35.5M

Current Stage

Season 1

Total value locked

-

Unique Users

-

Chains

chain image

Phase

Mainnet

Structure

Points based

Gas

Yes

Grade

A

Tasks

0/3

TGE

Q2-2025

Type

SocialFi

Confirmed

Yes

Date

23 days ago

Introduction

  • Towns is a decentralized, programmable platform for creating fully owned online communities with secure, on-chain communication. 
  • It lets users build token-gated, customizable spaces with encrypted messaging, governance, and monetization features.

Tasks

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Fundamentals

  • Ownable, Programmable Spaces: Each space is an on-chain asset that creators fully control and customize via smart contracts.
  • Token-Gated Memberships: Access to spaces requires on-chain tokens, enabling monetization and protocol fee generation.
  • On-Chain Social Graph: Memberships and interactions are stored on-chain, forming a transparent social network.
  • Governance via Towns Lodge: Protocol upgrades and rules are managed by community governance.
  • EVM-Compatible: Towns uses Ethereum L2 Base for scalability, low fees, and real-time interaction.
  • Encrypted & Decentralized Messaging: Messages are end-to-end encrypted and relayed through off-chain nodes, ensuring privacy.

Potential Rewards

  • Towns uses a points system to determine the $TOWNS airdrop, coming in Q2 2025 with 10% of the total supply reserved for early users.
  • Earn points by creating Towns, joining paid ones, tipping, and checking in daily.
  • Joining a Town with 0.01 ETH = 2,000 points; tipping 0.01 ETH = 33.33 points.
  • Stay active by checking in daily, tipping at least once, exploring Towns via $tickers, and connecting all your profiles to earn full credit.
  • The best way to farm points is by joining high-fee Towns, as more activity means a higher share of the airdrop.

Investors

  • Coinbase Ventures
  • a16z
  • Benchmark

Non-Financial Advice

  • Research:  Explore project's documentation, audits, and community.
  • Understand risks:  DeFi has vulnerabilities, market volatility, and token fluctuation.
  • Invest wisely:  Only invest what you can afford to lose.
  • Beware of scams:  Don't trust unsolicited outreach or guaranteed returns.

*ANZALI only provides suggestions and not financial advice. Use all of the information above at your own risk.

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