305M TOWNS Airdropped by Binance: You Might Already Own This Token Before Aug 5 Listing

dfmines Cryptocurrency News August 4, 2025 | 0

Key Takeaways:

Binance reveals TOWNS as the 30th project on HODLer Airdrops with 305M tokens distributed.
Users who subscribed BNB to Simple Earn or On-Chain Yields from July 14–17, 2025 are eligible.
Spot trading for TOWNS begins on August 5, 2025 at 14:30 UTC, with five trading pairs and no listing fee.

Binance has taken the crypto community by surprise again; this time with a retroactive airdrop of TOWNS, a decentralized messaging token with powerful backing and a bold vision for onchain communication. Those who quietly held or staked BNB through select products may already have a share of the 305 million tokens distributed under this campaign.

Here’s what you need to know about the newest HODLer Airdrop and how it connects to one of the more unique use cases in crypto right now.

TOWNS Joins Binance’s HODLer Airdrops: What It Means

Binance continues to reward long-term ecosystem supporters through its HODLer Airdrops program. This initiative distributes new project tokens like TOWNS to users who subscribe BNB to eligible Simple Earn (Flexible or Locked) and On-Chain Yields products.

For this 30th edition, the eligibility snapshot window ran from July 14, 00:00 UTC to July 17, 23:59 UTC. If you participated during this window, your wallet may already contain free TOWNS tokens, delivered directly to your Spot Wallet without the need to claim.

Airdrop Overview:

Token Name: Towns (TOWNS)
Reward Allocation: 305,848,461 TOWNS
Genesis Supply: 10,128,177,374 TOWNS
Max Supply: 15,327,827,980 TOWNS
Circulating at Launch: 2,109,362,819 TOWNS (≈20.83%)
Listing Fee: $0
Cap Per User: No more than 4% of total BNB pool snapshot

Key Dates: Trading, Deposits & Airdrop Timeline

Timeline You Shouldn’t Miss

Event	Date & Time (UTC)
TOWNS Deposit Opens	August 4, 11:00
Spot Trading Launch	August 5, 14:30
Trading Pairs	TOWNS/USDT, TOWNS/USDC, TOWNS/BNB, TOWNS/FDUSD, TOWNS/TRY

Tokens are expected to hit user wallets at least one hour before the trading window opens.

Binance also confirmed that Spot Algo Orders will be enabled immediately at launch, while Trading Bots and Spot Copy Trading features will follow within the first hour of the listing.

What is TOWNS? A Token Built for Web3 Conversations

TOWNS powers a new type of decentralized social protocol, an open-source, private group chat protocol with onchain memberships and programmable access. These group spaces, called “Towns,” allow users to create and govern online communities that are censorship-resistant, encrypted, and natively onchain.

The protocol utilizes:

EVM-compatible Layer 2 chain
Smart contracts
Decentralized off-chain stream nodes

TOWNS is designed to give communities complete control over who joins, who governs, and how they interact all without centralized intermediaries like Discord or Telegram.

Its potential hasn’t gone unnoticed. In April 2025, the project raised $10 million in Series B funding, led by Andreessen Horowitz (a16z crypto), with contributions from Coinbase Ventures and Benchmark.

Multichain Launch: TOWNS Goes Live Across 3 Networks

TOWNS isn’t just launching on a single chain. It’s hitting three of the most active ecosystems at once:

BNB Chain: 0x00000000bcA93b25a6694ca3d2109d545988b13B
Ethereum: 0x000000Fa00b200406de700041CFc6b19BbFB4d13
Base: 0x00000000A22C618fd6b4D7E9A335C4B96B189a38

This approach ensures immediate accessibility for users across chains and increases liquidity from launch. A full research report on TOWNS will be available within 48 hours of the listing announcement, according to Binance.

How to Participate in TOWNS’s Binance HODLer Airdrop

As with other Binance airdrops, KYC verification and jurisdiction eligibility are mandatory. Users from the following regions are excluded from this campaign:

United States and its territories
United Kingdom
Canada
Australia
Japan
Hong Kong
Netherlands
Iran, North Korea, Cuba, Crimea, and non-government-controlled areas of Ukraine
Others as periodically updated by Binance

Ineligible users, even if they staked BNB during the qualifying window will not receive the airdrop. Additionally, BNB collateralized against Binance Loans will not count toward the snapshot calculation.

Why TOWNS and Why Now?

It is not that getting free tokens is the only issue. TOWNS is the future of Web3 and social interaction with privacy, decentralization, and community governance as its means and ends. With a focus on censorship and data protection, the centralized platforms have come under scrutiny, which makes such tools as TOWNS more applicable.

Placing TOWNS in the sequence of its HODLer Airdrops program, Binance will also be strengthening its drive towards token utility, early-stage exposure and user participation that does not necessitate farming and trading activities all the time.

The post 305M TOWNS Airdropped by Binance: You Might Already Own This Token Before Aug 5 Listing appeared first on CryptoNinjas.

305M TOWNS Airdropped by Binance: You Might Already Own This Token Before Aug 5 Listing