Bitget Launches Towns Protocol with $16M in Token Rewards NOW

URGENT UPDATE: Bitget, a leading cryptocurrency exchange based in Victoria, Seychelles, has just announced the launch of Towns Protocol (TOWNS) on its Launchpool, complete with a staggering $16,340,000 in token rewards. Trading for the TOWNS/USDT pair commenced on August 5, 2025, at 14:30 (UTC), with withdrawals set to open on August 6, 2025, at 15:30 (UTC).

This is a major development for crypto enthusiasts, as the Towns Protocol Launchpool campaign is offering a significant opportunity for users to earn rewards by locking their assets. The event runs from August 6, 2025, at 06:00 to August 10, 2025, at 06:00 (UTC). Participants can lock between 5 and 50,000 BGB in the BGB locking pool to share in 15,215,000 TOWNS, while locking a minimum of 110 TOWNS in the TOWNS pool provides access to 1,125,000 TOWNS.

Towns Protocol is designed to revolutionize decentralized communication by powering real-time messaging applications on blockchain technology. Utilizing an EVM-compatible Layer 2 chain with smart contracts deployed on Base, it offers customizable communication experiences known as “Spaces.” These “Spaces” are not just user-friendly; they also incorporate features like on-chain memberships and end-to-end encryption, enhancing the user experience while driving value through transaction fees collected in ETH.

Bitget’s commitment to innovation is evident as it expands its ecosystem to include decentralized communication infrastructures. With over 800 cryptocurrency pairs available and plans to exceed 900 trading pairs, Bitget is positioning itself at the forefront of the cryptocurrency market.

WHAT’S NEXT: As the Towns Protocol continues to gain traction, users are encouraged to participate in the Launchpool for a chance to earn substantial rewards. This initiative not only enhances Bitget’s offerings but also aligns with the growing demand for decentralized communication solutions in the evolving crypto landscape.

For more information on Towns Protocol, visit Bitget’s official website. This launch signifies a critical step towards integrating programmable messaging networks into the broader cryptocurrency ecosystem, offering exciting possibilities for user engagement and community monetization.

Stay tuned for more updates as this story develops!