 | TownsTown 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 IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat 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.
DetailsRaised: 25,500,000 USDLegalBlockchain Platform: EthereumRegistration country: United States Registration year: 2022 |
Project team
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