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The communication platform Towns Protocol has completed an additional $3.3 million in financing, led by CEX Ventures and echo.
[Communication platform Towns Protocol completes $3.3 million additional funding, led by CEX Ventures and echo] On June 10, according to official news, the communication platform Towns Protocol has completed an additional $3.3 million in funding, which was led by CEX Ventures and echo. The financing was completed in April this year. In April of this year, Towns Protocol announced the completion of a $10 million Series B funding round, led by a16z crypto, with participation from CEX Ventures, Benchmark, and others. Towns Protocol is built on the Base network and aims to promote the development of Web3 social and collaboration tools. Towns hopes to create a digital town square through decentralization and Web3, where members can define boundaries, set rules, and build the world they desire, making users the owners of the digital town square.