Magic Newton Foundation Launches $NEWT Token for Transparent AI Finance

The Magic Newton Foundation has introduced $NEWT, the native token of the Newton Protocol, marking a significant step in promoting equitable token distributions and transparent AI finance. The launch of $NEWT is designed to address widespread industry concerns about insider advantages and lack of transparency in cryptocurrency token distributions. Research by Solidus Labs indicated that insiders have traded ahead of 56% of all ERC-20 token listing announcements since 2021, while a University of Technology Sydney study suggested that between 10% and 25% of new crypto listings may have involved insider trading. These findings have underscored the need for the transparency measures championed by the Magic Newton Foundation.

The $NEWT token embodies the principles of fairness, transparency, and user control that are integral to the Newton Protocol. This infrastructure enables secure AI automation for cryptocurrency operations while allowing users to maintain complete control of their assets. The Newton Protocol addresses technical trust through verifiable AI agents, ensuring that users can delegate tasks to AI agents with cryptographic proof that every action follows their exact instructions. This approach mitigates the security and financial risks associated with current AI automation solutions.

Mohammad Akhavannik, Managing Director at Magic Newton Foundation, emphasized the commitment to restoring trust in the industry. "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," he said. The Foundation's priority is to make verifiable automation accessible through a system built on fairness that users can rely on.

The Magic Newton Foundation has set new industry benchmarks with the $NEWT token, earning praise from industry leaders. The Foundation has allocated 60% of the 1 billion $NEWT supply directly to community initiatives, such as ecosystem development and growth, and community rewards. Quarterly transparency reports will detail token usage across all allocations, ensuring that all team and contributor allocations are subject to 36-month vesting schedules with 12-month lock-up periods. This approach ensures long-term alignment and stability, with publicly disclosed loan agreements with liquidity providers that comply with all applicable laws and regulations, including prohibitions on market manipulation.

$NEWT powers the Newton Protocol economy through four core functions: securing the network through staking rewards for validators, serving as the native gas token and payment mechanism to issue, update, or revoke onchain permissions, enabling agent operators to earn fees by providing automated services with $NEWT collateral, and giving token stakers governance rights to guide the Protocol's evolution. Early supporters will be rewarded through a multi-tiered community rewards program to incentivize awareness, adoption, and engagement with the Newton Protocol.

The Newton Protocol benefits from technical contributions by Magic Labs, which serves as the first core developer of the Protocol’s open-sourced technology. Magic Labs has onboarded over 50 million embedded wallets since 2018 through partnerships with various platforms. $NEWT is now live on several select exchanges, including Coinbase, Upbit, Binance, Bybit, and Bithumb.

The Magic Newton Foundation, with contributions from Magic Labs, oversees the research, development, and community initiatives of the Newton Protocol. The Foundation aims to transform fragmented, manual crypto workflows into trusted, automated execution, creating the infrastructure needed for safe AI-driven finance at scale. The Newton Protocol is a decentralized infrastructure layer for verifiable onchain automation and secure agent authorization, enabling protocols, DAOs, and users to execute complex actions through verifiable agents without relying on centralized bots or offchain coordination. Users can securely authorize agents to act on their behalf using programmable permissions, ensuring that actions occur only under conditions they approve. By combining trusted execution environments, zero-knowledge proofs, and a modular agent architecture, the Newton Protocol brings automation fully onchain, enhancing transparency, composability, and trust.