On August 4th, Binance announced its 30th project on the HODLer Airdrops portal – Towns (TOWNS), aimed at creating infrastructure for real-time messaging.
What is Towns Protocol (TOWNS)
Towns Protocol (TOWNS) is a communication infrastructure project designed to enable developers to build real-time messaging apps. It includes an EVM-compatible L2 blockchain, decentralized stream nodes for message delivery, and smart contracts deployed on Base and Ethereum L2. Towns allows the creation of programmable group chats called Spaces, which support encrypted messaging, on-chain memberships, staking mechanisms, and monetization via smart contract functionality.
HODLer Airdrops Details from Binance
In an official announcement, Binance revealed that users who subscribed their BNB holdings to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products from July 14 to July 17 are eligible for the airdrop. Key details mentioned include a Genesis total supply of over 10.12 billion TOWNS tokens, maximum supply of over 15.3 billion tokens, and HODLer Airdrops token rewards exceeding 305.8 million tokens, representing just over 3% of the Genesis total supply.
TOWNS Listing Information on Binance
Towns (TOWNS) will be listed on Binance on August 5 at 14:30 (UTC), with trading available for pairs TOWNS/USDC, TOWNS/USDT, TOWNS/BNB, TOWNS/FDUSD, and TOWNS/TRY. TOWNS will carry a Seed Tag, indicating that it is a newer project with potential for higher volatility compared to other listed projects.
In conclusion, Towns Protocol (TOWNS) showcases its capabilities in messaging infrastructure, while Binance continues to support and promote new projects through HODLer Airdrops and listings.
