The Towns airdrop, originally scheduled for Q2, has been postponed to the summer, with the second snapshot to be completed as the airdrop nears.

The decentralized communication protocol Towns Protocol announced the latest updates regarding the $TOWNS token and the protocol. The first activity snapshot was conducted on April 10, 2025, and the second snapshot will be completed as the airdrop nears, both of which will be included in the distribution plan.

The protocol continues to grow, with 415,346 Towns currently created, over 15 million transactions completed in the past 30 days, and cumulative user revenue exceeding $21 million. The adoption rate among communities, DAOs, and creators is continuously increasing.

The airdrop, originally planned for the second quarter, has been postponed to the summer to refine the distribution, user analysis, and protocol infrastructure. Recently, Towns announced the completion of a $10 million Series B funding round, led by a16z crypto, with Coinbase Ventures joining as a new investor and Benchmark continuing to participate.

Previously, Towns was set to launch the TOWNS token in Q2, with an initial airdrop ratio of 10%.