Magic Newton Foundation Launches NEWT Token for Fair AI Finance

The Magic Newton Foundation has launched NEWT, the native token of the Newton Protocol, marking a significant step in promoting equitable token distributions and transparent AI finance. The launch addresses widespread industry calls for fairness in token distributions, which have been marred by insider advantages and lack of transparency. Research has shown that insiders have exploited decentralized exchanges to trade ahead of token listing announcements, highlighting the need for the transparency measures championed by the Magic Newton Foundation.

The NEWT token is designed with principles of fairness, transparency, and user control, reflecting the core values of 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, and the NEWT token embodies economic trust through transparent token distribution. Mohammad Akhavannik, Managing Director at Magic Newton Foundation, emphasized the Foundation's commitment to restoring trust through verifiable automation and equitable distribution.

The Magic Newton Foundation has set new industry benchmarks with the NEWT token, earning praise from industry leaders. The Foundation's transparency disclosure packet details NEWT token allocations, which are tagged in publicly disclosed wallet addresses and trackable onchain. This approach prevents hidden allocations or surprise unlocks. The Foundation is allocating 60% of the 1 billion NEWT supply directly to community initiatives, with quarterly transparency reports detailing token usage across all allocations. All team and contributor allocations are subject to 36-month vesting schedules with 12-month lock-up periods, ensuring long-term alignment and stability.

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, enabling agent operators to earn fees by providing automated services, and giving token stakers governance rights. 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 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 to transform fragmented, manual crypto workflows into trusted, automated execution, creating the infrastructure needed for safe AI-driven finance at scale.