Alt.town Enhances $TOWN Token Utility and Launches ValueFi Deposit Event

Alt.town, a Web3 creator growth platform, has officially enabled the use of its $TOWN token across platform services, marking a significant step toward real-world utility. The token can now be used for DNA (creator token) trading and content payments, transitioning $TOWN from a speculative asset to a functional medium of exchange within the ecosystem.

To celebrate the update, Alt.town has launched a deposit event incentivizing users to swap $TOWN into KEY, the platform's Core utility token. Participants holding KEY on the platform will receive rewards from a dedicated pool, with the token remaining fully tradable and usable throughout the event period. This initiative aims to foster long-term value growth and ecosystem stability.

The MOVE follows Alt.town's recent global expansion efforts, distinguishing itself from Web3 projects focused on short-term liquidity by prioritizing use-case-driven growth. Developed by a team including former SM Entertainment CTO and blockchain experts, the platform emphasizes a symbiotic relationship between creators and fans, anchored by its DNA tokenization system that translates creator IP and fan engagement into real-time on-chain activity.