Towns (TOWNS)

Town is a programmable, self-governed space that exists on the Towns protocol and allows community’s members to communicate freely and truly own their community.

Series A Round: $25.5M

Series B Round: $10M

Whitepaper

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Interest lvl

High

Updated: Aug 08, 2025

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User Rating

Medium

3/5 • 1 votes

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Ticker

TOWNS

Type

Utility-token

Token standard

ERC20

FoundedUnited States

Registration countryUnited States

Registration year2022

Ecosystems

Ethereum

What is Towns

Towns is the brainchild of HNT Labs, which is co-founded by two startup veterans Ben Rubin, who co-founded Houseparty and Meerkat, and Brian Meek, who was the chief technology officer at Strivr Labs and a former GM of engineering at Skype.

The Towns network itself is an end-to-end encrypted near real-time communication system powered by a distributed proof-of-stake network of nodes.

The protocol is Ethereum-based and uses programmable smart contracts to control administration, privacy and roles within each town square. Communities can build new clients and APIs on top of the protocol and will be in charge of writing their own rules for moderation and monetization.