ChainCatcher news, the on-chain communication platform Towns has officially launched. The platform previously raised $25.5 million in a Series A funding round led by Andreessen Horowitz (A16z) in February 2023.Towns was founded by Ben Rubin, co-founder of the social network Houseparty and the video streaming app Meerkat, with the aim of providing a "new standard for digital communication" with blockchain capabilities.The platform is built on the River messaging protocol and consists of an EVM-compatible Layer 2 chain, decentralized nodes, and smart contracts deployed on the Base protocol. It is understood that the Towns team launched the River protocol in May 2023.

ChainCatcher news, according to Blockworks, the Polish town of Mińsk Mazowiecki is launching a stablecoin called MinsCoin, which users can spend at local businesses. Additionally, the USDC-backed stablecoin platform UrbanChange is launching simultaneously. UrbanChange states that this currency is a "convenient currency for shoppers" and will circulate locally in Mińsk Mazowiecki.UrbanChange co-founder Michael Mazur revealed that up to 10 businesses in Mińsk Mazowiecki will support MinsCoin at its launch, and he expects "more" businesses to join in the future.

ChainCatcher news, the Web3 social protocol Towns has completed a $25.5 million funding round, led by a16z, with participation from Benchmark and Framework Ventures.It is reported that Towns is a group chat protocol and application designed to create a better "home" for online communities and allows for free communication using end-to-end encryption. The project's vision is to create a digital town square where members can define boundaries, set rules, and build the world they want. (source link)