The Magic Newton Foundation announced the launch of NEWT, the native token of the Newton Protocol. Designed to ensure equitable distribution, NEWT features best-in-class disclosure standards and transparent documentation.
One of its key strengths is that NEWT eliminates the insider advantages decentralized exchanges use to trade ahead of token listing announcements. The token upholds the principles of fairness, transparency, and user control that are a part of the Newton protocol.
As a system that enables secure AI automation to give users complete control of their assets, the protocol also addresses technical trust through verifiable AI agents, and the NEWT token embodies economic trust through transparent token distribution.
Mohammad Akhavannik, Managing Director at Magic Newton Foundation.
“Not only is NEWT unlocking secure AI-driven finance, but it’s also correcting the information asymmetry problem that has plagued past token launches. With full onchain transparency, thorough documentation, and equitable distribution, the Magic Newton Foundation is committed to restoring trust. Our number one priority is making verifiable automation accessible via a system built on fairness that users can count on.”
Tokenomics
To ensure transparency, NEWT token allocations are tagged in publicly disclosed wallet addresses and are trackable on-chain or verifiable independently for any off-chain holdings. Of the 1 billion NEWT tokens, the Foundation allocates 60% to community initiatives such as ecosystem development, growth, and community rewards.
In addition, all team and contributor allocations are subject to 36-month vesting schedules with 12-month lock-up periods, designed to ensure long-term alignment and ensure no risk of a rug pull.
NEWT also serves as a token that powers the Newton Protocol by staking rewards for validators, as a native gas token and payment mechanism, as a governance token, and more.
As the demand for secure AI automation continues to increase, Newton Protocol is bringing verifiable automation, which allows users to delegate tasks to AI agents while monitoring the entire process.
To reward early supporters, the project is rolling out a multi-tiered community rewards program to incentivize awareness, adoption, and engagement with the Newton Protocol.
NEWT is already available on top crypto exchanges such as Coinbase, Upbit, Binance, Bybit, and Bithumb etc, and more exchanges will be included in the future.