The Good Tech Companies - Magic Newton Foundation Redefines Fair Token Launches With $NEWT
Episode Date: June 25, 2025This story was originally published on HackerNoon at: https://hackernoon.com/magic-newton-foundation-redefines-fair-token-launches-with-$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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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
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
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
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,
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.
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
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
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
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
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.