Magic Newton Foundation Launches $NEWT Token for Equitable Crypto Distribution

The Magic Newton Foundation has introduced $NEWT, the native token of the Newton Protocol, marking a significant step in the cryptocurrency industry's push for equitable token distributions. The launch is designed to address widespread concerns about insider advantages and lack of transparency in token distributions. Research from Solidus Labs and the University of Technology Sydney has highlighted the prevalence of insider trading in decentralized exchanges, with insiders trading ahead of 56% of all ERC-20 token listing announcements and 10% to 25% of new crypto listings potentially involving insider trading. These findings have underscored the need for the transparency measures that the Magic Newton Foundation is championing.

The $NEWT token launch features best-in-class disclosure standards and transparent documentation, aiming to promote equitable distribution and eliminate the insider advantages that have historically plagued cryptocurrency token distributions. The design and distribution of $NEWT reflect 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. Newton 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, emphasized the importance of these measures, stating, “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.” The Foundation's priority is to make verifiable automation accessible via a system built on fairness that users can count 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. All team and contributor allocations are subject to 36-month vesting schedules with 12-month lock-up periods, designed to ensure long-term alignment. The Foundation has also publicly disclosed the key terms of its loan agreements with liquidity providers, which do not include performance-based KPIs and require partners to 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. The Newton Protocol addresses the growing demand for secure AI automation by allowing users to delegate tasks to AI agents while maintaining cryptographic proof that every action follows their exact instructions. 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.