BlockBeats News, June 10th, according to official sources, communication platform Towns Protocol has completed a $3.3 million additional financing round, led by Coinbase Ventures and echo. The financing was completed in April this year.
In April this year, Towns Protocol announced the completion of a $10 million Series B financing round, led by a16z crypto, with participation from Coinbase Ventures, Benchmark, and others.
Towns Protocol is built on the Base network and aims to drive the development of Web3 social and collaborative tools. Towns hopes to create a digital town square through decentralization and Web3, where members can define boundaries, establish rules, and build the world they want. Users will become the owners of the digital town square.
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