Comprehensive Coin Research on Towns Protocol (TOWNS) Updates for August 2025

TL;DR

• Idea: Towns Protocol is a decentralized, programmable group chat protocol enabling on-chain ownership and governance of community spaces
• Catalyst: Recent listings on Coinbase and Binance combined with strong VC backing provide catalysts for liquidity and adoption
• Risks: Early-stage project facing adoption, regulatory, and token dilution risks
• Score: 7.00/ 10

Coin

• Name/ Ticker: Towns Protocol (TOWNS)
• Segment: Communication
• Status: live
• Price: $0.037000

Key Metrics

• Market Cap: $80 350 000
• FDV: $583 900 000
• Circulating Supply: 2 100 000 000
• Total Supply: 10 000 000 000

Sources

1. https://www.coinbase.com/price/towns-protocol
2. https://crypto.com/price/towns

Technology

• USP: Ownable, programmable real-time messaging spaces with on-chain subscriptions and reputation
• Core Technology: EVM-compatible Layer 2 on Celestia, decentralized stream nodes, smart contracts on Base, end-to-end encrypted messaging

Roadmap

• 2024-05-01: River Protocol mainnet launch
• 2024-10-15: Towns Alpha application launch
• 2025-04-11: Series B funding completed
• 2025-06-10: $3.3M Public Sale funding round
• 2025-08-05: TOWNS token listed on Binance and Coinbase

Team & Investors

Team

• Co-Founder & CEO — Ben Rubin: Founder of Houseparty and Meerkat with 150M and 20M users respectively
• Co-Founder & CTO — Brian Meek: Former CTO of STRIVR Labs and GM of Engineering at Skype
• Chief Product Officer — Pat Fives: Crypto developer since 2012 and former Houseparty engineer
• Protocol Lead — Serge Khorun: Former senior Google engineer specializing in distributed systems
• Application Lead — Austin Ellis: Former lead of social features at Epic Games (Fortnite)

Investors

• Benchmark — Seed • 2020-02-01 • $8.00M
• Andreessen Horowitz — Series A • 2023-02-23 • $25.50M
• Coinbase Ventures — Series B • 2025-04-11 • $10.00M
• Base Ecosystem Fund — Public Sale • 2025-06-10 • $3.30M
• Echo.xyz — Pre-Launch • 2025-04-01 • $3.00M

Total funding: $64.00M

Tokenomics

• Utility: Governance, staking for network security, access control via token gating, on-chain subscriptions and buy-and-burn mechanism
• Vesting: Team and investor tokens locked for 1 year at TGE, followed by linear vesting over subsequent years
• Next Unlock: 2026-08-05 (35.00% of circulating)

Pros & Cons

Strengths

• Decentralized programmable communication spaces
• On-chain membership via ERC-721 NFTs
• End-to-end encryption ensures privacy
• Strong backing by top-tier venture capital firms
• High throughput messaging via decentralized stream nodes

Weaknesses

• Early-stage technology with smart contract risks
• Adoption challenge competing with established platforms
• Complexity for non-crypto native users
• Potential token inflation diluting value
• Reliance on third-party node operators for data routing

Market Signals (7d)

• TVL trend: n/a
• CEX volume trend: increasing
• Active addresses trend: increasing

Price Scenarios (target: 2026-02-09)

How to Buy & Store

CEX

• Binance: TOWNS/USDT
• Coinbase: TOWNS/USD
• Gate.io: TOWNS/USDT
• Bitget: TOWNS/USDT
• Bybit: TOWNS/USDT
• MEXC: TOWNS/USDT
• Crypto.com Exchange: TOWNS
• BingX: TOWNS/USDT

DEX

• Uniswap V3 (Ethereum)
• Uniswap V3 (BSC)
• PancakeSwap V3 (BNB)
• Towns Playground (Testnet DEX)
• LateCheckout DEX

Storage

• MetaMask
• Ledger
• Trezor
• Trust Wallet
• Coinbase Wallet

Verdict

Towns Protocol offers a unique Web3-native messaging solution with strong backing and technical foundations, but its success hinges on user adoption and execution of its roadmap.

Official Links

• Whitepaper
• GitHub
• Messari