Dear Coinsavi Users,
Coinsavi is extremely proud to announce yet another great project coming to our Spot trading platform. Towns Protocol (TOWNS) will be available on Coinsavi !
Details are as follows:
- Deposits: 15:30 on August 5, 2025 (UTC) (Supported Network: ETH-ERC20 , BASE-ERC20)
- Trading: 15:30 on August 5, 2025 (UTC)
- Withdrawals: 10:00 on August 6, 2025 (UTC)
- Trading Pair: TOWNS/USDT
What is TOWNS?
Towns Protocol (www.towns.com) is a protocol for building decentralized real-time messaging apps. It is the blockchain for communication. It consists of an EVM-compatible L2 chain, decentralized off-chain stream nodes, and smart contracts deployed on Base. Towns allows people to create programmable communication use cases, referred to as “Spaces,” in a permissionless manner. These Spaces are ownable, accrue value, feature on-chain subscriptions (“Memberships”), an extendable reputation system, and end-to-end message encryption. Space creators generate revenue by selling on-chain memberships. The Towns Protocol accrues value by collecting fees from these membership sales, as well as from trading and tips exchanged between users. Those fees are collected in ETH and used to offset, via programmatic buy and burn, the rewards the protocol emits for node operators. As of July 26th, Towns had over 9117 ETH in gross revenue, and the protocol has collected over 901 ETH in net fees.
Website | X (Twitter) | Whitepaper | Token Contract: ETH-ERC20 , BASE-ERC20
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. Coinsavi attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. Coinsavi is not liable for investment gains or losses.
Regards,
The Coinsavi Team
