The communication platform Towns Protocol has completed an additional financing of $3.3 million, led by Coinbase Ventures and echo

ChainCatcher news, according to official sources, the communication platform Towns Protocol has completed an additional $3.3 million in financing, led by Coinbase Ventures and echo, with the funding completed in April this year.

In April this year, Towns Protocol announced the completion of a $10 million Series B financing round, led by a16z crypto, with participation from Coinbase 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, allowing users to become the owners of the digital town square.