TOWNS, Powering Decentralised Real-Time Messaging

Long Term Investment

The rise of decentralised communication protocols highlights the need for secure, censorship-resistant, and user owned infrastructure. TOWNS, the native utility token of the Towns Protocol, embodies this vision by enabling encrypted, real time messaging through a decentralised framework. Unlike speculative digital assets, TOWNS is designed as a functional token, powering governance, staking, and programmable chat environments while aligning with compliance standards such as MiCAR.

https://www.towns.com/

Towns Protocol provides decentralised infrastructure for encrypted, real time communication. Instead of relying on centralised platforms, users interact in programmable chat environments called Spaces, where ownership, rules, and access are managed transparently on chain. This ensures resilience, privacy, and community driven governance.

TOWNS serves as the backbone of the protocol, enabling a range of use cases:

  • Staking & Delegated Staking: Users can stake tokens directly or delegate to validators, securing the network and earning rewards.
  • Governance Participation: Through the Towns DAO, token holders influence upgrades, funding decisions, and ecosystem direction.
  • Unlocking Advanced Features: TOWNS powers premium functionality in Spaces, such as:
    • On-chain membership verification
    • Access controls for communities
    • Built-in monetisation tools

Importantly, TOWNS does not grant financial rights or investment returns. Its design focuses on utility, not speculation.

The economic model of TOWNS balances long term sustainability with active participation incentives:

  • Staking Rewards: New tokens are issued to those securing the network, encouraging active contribution.
  • Buy & Burn Mechanism: Protocol revenues are used to purchase tokens on the market and permanently remove them from circulation, aligning token value with network usage.
  • Transferability with Flexibility: While TOWNS is transferable, temporary restrictions may apply during staking or governance related actions.

This dual approach fosters both network security and token scarcity over time.

TOWNS is fully functional at launch and built for scalability. It operates on Ethereum Layer 2 networks, including:

  • Base, an L2 network developed by Coinbase
  • Towns Chain, a custom rollup designed to optimise messaging performance

This dual deployment ensures low transaction costs, high throughput, and strong interoperability within the Ethereum ecosystem.

The River Eridanus Association, a Swiss non profit, coordinates protocol governance and development. Its responsibilities include:

  • Overseeing compliance under MiCAR (Markets in Crypto-Assets Regulation)
  • Managing treasury resources
  • Facilitating the open source development of Towns Protocol

This structure provides a transparent and accountable foundation for long term growth.

TOWNS represents more than just a token it is the enabler of decentralised, programmable communication. By combining staking, governance, and advanced chat features within a secure Layer 2 ecosystem, TOWNS empowers communities to build and manage their own digital spaces without reliance on centralised intermediaries.

As real time communication becomes increasingly critical in Web3, TOWNS and Towns Protocol stand at the forefront of redefining how communities connect, govern, and thrive online.