Towns Protocol Transfers Operational Control to the Foundation

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Towns Protocol has transferred operational control to the Towns Foundation in Switzerland, as founder Ben Rubin announced on August 25 (UTC+8). A new leadership team will guide the protocol’s next phase, with Rubin and Pat remaining on a part-time basis. On-chain data reflects steady growth in user activity, and traders are monitoring altcoins to watch, including projects with significant governance changes.

According to ME News, on August 25 (UTC+8), Ben Rubin, founder of the decentralized social protocol Towns Protocol, tweeted that, after months of work, operational control of the protocol has been transferred to the Towns Foundation in Switzerland. The new leadership team will continue driving the protocol’s next phase of development. To support the transition, he and Pat will continue to participate on a part-time basis. (Source: Foresight News)

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