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Coinbase, A16Z Lead $10M Round for Towns Protocol - Here's Why They're Backing It

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Summary
Nutrition label

75% Informative

Towns Protocol is a Web3-native communication protocol designed to bring group chats, online communities, and social interactions fully on-chain.

Towns aims to give users total control over their community’s structure, data, and rules.

Each town’ represents a group or community space that lives entirely on the chain.

Towns are governed by smart contracts, allowing for programmable rules around membership, moderation, and even revenue sharing.

Towns Protocol team plans to use the $10 million to expand engineering and developer support.

VR Score

67

Informative language

61

Neutral language

28

Article tone

semi-formal

Language

English

Language complexity

64

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

Source diversity

2

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