Magic Newton Foundation Launches Native Token 'NEWT'... Building an Ecosystem Based on Transparency

The Magic Newton Foundation announced on the 26th that it will officially launch the native token 'NEWT' for its core infrastructure, the Newton Protocol.

The Newton Protocol (NEWT) token is designed to correct the past virtual asset (cryptocurrency) distribution practices stained by information asymmetry and insider interests, focusing on fair token distribution through industry-leading disclosure standards and transparent documentation.

According to research by Solidus Labs and the University of Technology Sydney, since 2021, 56% of ERC-20 tokens showed indications that insiders traded on decentralized exchanges before public listing announcements, and 10~25% of newly listed tokens were likely influenced by insider trading. Magic Newton Foundation sought to address these issues through a transparent token distribution model.

NEWT embodies the values of fairness, transparency, and user sovereignty pursued by the Newton Protocol. The Newton Protocol is infrastructure that enables secure cryptocurrency automation through verifiable AI agents, while allowing users to maintain full control over their assets. Technical trust is established through on-chain agent verification, and economic trust is realized via NEWT’s transparent token distribution structure.

NEWT allocates 60% of its total 1 billion issuance directly to ecosystem growth and community rewards. All related allocation details are disclosed through quarterly transparency reports, and every token is tagged to publicly available wallet addresses to enable on-chain tracking. For off-chain holdings, independent verification is possible, eliminating risks of hidden allocations or unexpected lock-up releases. Tokens allocated to teams and contributors are subject to a 12-month lock-up and a 36-month vesting period, aligning long-term interests.

In addition, NEWT powers the Newton Protocol economy through four key functions: strengthening network security by providing validator staking rewards, serving as the native gas and payment method for on-chain authority management (issuance, updates, cancellations, etc.), allowing agent operators to provide automated services and earn fees using NEWT as collateral, and granting governance rights to token stakers for participation in protocol development.

Mohammad Akhavannik, Executive Director of the Magic Newton Foundation, stated, "NEWT is committed not just to realizing AI-based finance, but also to solving the information asymmetry that has been repeatedly present in past token launches. We aim to restore trust through on-chain transparency, systematic documentation, and fair distribution."