Magic Newton Foundation Announces Launch of NEWT, the Native Token of the Newton Protocol
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Advertisement Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. The Magic Newton Foundation announced the launch of NEWT, the native token of the Newton Protocol. Designed to ensure equitable distribution, NEWT features best-in-class disclosure standards and transparent documentation. One of its key strengths is that NEWT eliminates the insider advantages decentralized exchanges use to trade ahead of token listing announcements. The token upholds the principles of fairness, transparency, and user control that are a part of the Newton protocol. As a system that enables secure AI automation to give users complete control of their assets, the protocol also 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. Advertisement “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. Our number one priority is making verifiable automation accessible via a system built on fairness that users can count on.” Tokenomics To ensure transparency, NEWT token allocations are tagged in publicly disclosed wallet addresses and are trackable on-chain or verifiable independently for any off-chain holdings. Of the 1 billion NEWT tokens, the Foundation allocates 60% to community initiatives such as ecosystem development, growth, and community rewards. In addition, all team and contributor allocations are subject to 36-month vesting schedules with 12-month lock-up periods, designed to ensure long-term alignment and ensure no risk of a rug…
