Towns Protocol is a communication infrastructure project that enables developers to create real-time messaging applications. It consists of an EVM-compatible Layer 2 blockchain, decentralized message delivery nodes, and smart contracts running on Base, an Ethereum Layer 2 network. The protocol offers programmable group chats called “Spaces,” which are managed by their creators or communities and support encrypted messaging, on-chain memberships, staking mechanisms, and smart contract-based revenue models. Towns aims to allow users to build communication platforms without relying on centralized intermediaries.
In the last 24 hours, and at the time of writing, TOWNS has recorded a %15.63 increase, ranking among the day’s top gainers. A listing announcement on a major South Korean exchange may have contributed to this price rise.
