The Good Tech Companies - Magic Newton Foundation Redefines Fair Token Launches With $NEWT

Episode Date: June 25, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/magic-newton-foundation-redefines-fair-token-launches-with-$newt. Inaugural launch addresses... widespread industry calls for equitable token distributions and powers transparent AI finance Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #magic-newton, #chainwire, #press-release, #magic-newton-announcement, #token-launch, #blockchain-development, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Magic Newton Foundation redefines FAIR token launches with Dollar Newt, by Chainwire. Georgetown, Cayman Islands, June 25, 2025, Chainwire. The Magic Newton Foundation announced the launch of Dollar Newt, the native token of the Newton Protocol. The Dollar 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 centralized exchanges to trade ahead of 56% of all ERC20
Starting point is 00:00:42 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. This findings have strengthened calls for the transparency measures championed by the Magic Newton Foundation. The design and distribution of $NUT 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 dollar newt token embodies economic
Starting point is 00:01:21 trust through transparent token distribution. Not only is dollar newtt unlocking secure I-driven finance, but it's also correcting the information asymmetry problem that has plagued past token launches. With full on-chain transparency, thorough documentation, and equitable distribution, the Magic Newton Foundation is committed to restoring trust, said Mohamed Akhavanig, 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 dollar newt token, earning
Starting point is 00:01:57 praise from industry leaders like Coinbase, which tweeted from its Coinbase assets ex-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, dollar newt token allocations are tagged in publicly disclosed wallet addresses and are trackable on-chain or verified independently for any off-chain holdings, preventing hidden allocations or surprise unlocks. The foundation is allocating 60% of the $1 billion NUT supply directly to community initiatives, such as ecosystem development and growth,
Starting point is 00:02:36 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 $N, 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 top problematic token launches where opaque liquidity arrangements have contributed to community mistrust.
Starting point is 00:03:20 Dollar Newt powers the Newton Protocol economy through four core functions. i. Securing the network through staking rewards for validators. e. Serving as the native gas token and payment mechanism to issue, update or revoke on chain permissions. e. Enabling agent operators to earn fees by providing automated services with $NUET Collateral. and i.V. Giving token stakers governance rights to guide the protocol's evolution. Newton Protocol addresses the growing demand for secure AI automation as current solutions
Starting point is 00:03:50 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. https://www.youtube.com, embed, d3022E-MIC The Newton Protocol benefits from technical contributions
Starting point is 00:04:28 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. DollarNoot is now live on Coinbase, Upbit, Binance, Bybit, and BitHum, among other select exchanges. About the Magic Nuiton Foundation The Magic Nuiton Foundation, with contributions from Magic Labs, oversees the research, development, and community initiatives of the Nuiton protocol
Starting point is 00:04:59 to transform fragmented, manual crypto workflows into trusted, automated execution, creating the infrastructure needed for safe I-driven finance at scale. The foundation stewards the Newton Protocol, a decentralized infrastructure layer for verifiable on-chain automation and secure agent authorization. It enables protocols, DAOs, and users to execute complex actions through verifiable agents, without relying on centralized bots or off-chain coordination. Users can securely authorize agents to act on their behalf using
Starting point is 00:05:30 programmable permissions, ensuring that actions occur only under conditions they approve. By combining trusted execution environments, T's, zero-knowledge proofs, and a modular agent architecture, Newton protocol brings automation fully on-chain, enhancing transparency, composability, and trust. Contact executive director Sandra Rodriguez Wachsman-Magic, Newton at Wachsman.com This story was published as a press release by Chainwire under Hacker Noon's business blogging program. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.

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