George Town, Cayman Islands, June 25th, 2025, Chainwire Inaugural launch addresses widespread industry calls for equitable token distributions and powers transparent AI finance The Magic Newton Foundation announced the launch of $NEWT, the native token of the Newton Protocol. The $NEWT token launch features best-in-class disclosure standards and transparent documentation, designed to promote equitable distribution and eliminate the insider advantages that have plagued cryptocurrency token distributions. Research by Solidus Labs revealed that since 2021, insiders have used decentralized exchanges to trade ahead of 56% of all ERC-20 token listing announcements, while a University of Technology Sydney study suggested between 10% and 25% of new crypto listings may have had insider trading activity. These findings have strengthened calls for the transparency measures championed by the Magic Newton Foundation. The design and distribution of $NEWT reflects the same principles of fairness, transparency and user control built into the Newton Protocol itself—infrastructure that 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. “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,” said Mohammad Akhavannik, Managing Director at Magic Newton Foundation. “Our number one priority is making verifiable automation accessible via a system built on fairness that users can count on.” The Magic Newton Foundation sets new industry benchmarks with the $NEWT token, earning praise from industry leaders like Coinbase, which tweeted from its Coinbase Assets X account “The Magic Newton Foundation is sharing in-depth disclosures for their asset. We applaud this transparency on important topics like tokenomics, utility, and long-term project plans.” As detailed in its robust transparency disclosure packet , $NEWT token allocations are tagged in publicly disclosed wallet addresses and are trackable onchain or verified independently for any offchain holdings, preventing hidden allocations or surprise unlocks. The Foundation is allocating 60% of the 1 billion $NEWT supply directly to community initiatives, such as ecosystem development and growth, and community rewards, 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, designed to ensure long-term alignment. To support stability, fair community access to $NEWT, and overall transparency, the Foundation has publicly disclosed the key terms of its loan agreements with liquidity providers. These agreements do not include performance-based KPIs and require partners to comply with all applicable laws and regulations, including prohibitions on market manipulation. This approach stands in contrast to problematic token launches where opaque liquidity arrangements have contributed to community mistrust. $NEWT powers the Newton Protocol economy through four core functions: (i) securing the network through staking rewards for validators, (ii) serving as the native gas token and payment mechanism to issue, update or revoke onchain permissions, (iii) enabling agent operators to earn fees by providing automated services with $NEWT collateral, and (iv) giving token stakers governance rights to guide the Protocol's evolution. Newton Protocol addresses the growing demand for secure AI automation as current solutions force users to blindly trust AI agents to perform honestly, creating significant security and financial risks. The Protocol solves this through verifiable automation, 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 platforms including Polymarket and WalletConnect. $NEWT is now live on Coinbase, Upbit, Binance, Bybit, and Bithumb, among other select exchanges. About The Magic Newton Foundation 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. The Foundation stewards the Newton Protocol, a decentralized infrastructure layer for verifiable onchain automation and secure agent authorization. It enables 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 (TEEs), zero-knowledge proofs, and a modular agent architecture, Newton Protocol brings automation fully onchain, enhancing transparency, composability, and trust. ContactExecutive DirectorSandra RodriguezWachsmanmagic.newton@wachsman.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
