What is the NEWT token? The automation agent project from Magic - Newton
Newton is a pioneering on-chain automation platform involving top AI agents, introduced by the Magic Newton Foundation.
The project aims to simplify the Web3 experience through intelligent agents, operating within boundaries set by users, secured by zero-knowledge proofs (ZKPs) and Trusted Execution Environments (TEEs).
Newton promises to usher in an agentic financial era, programmable commerce, and user-led digital economies, with the goal of addressing fragmentation and risk in the blockchain ecosystem.
NEWT Token Information
Token Name: Newton Protocol, Symbol: NEWT, Total Supply: 1,000,000,000 NEWT, Initial Supply at Listing: 215,000,000 NEWT,
Allocation
Community: 60%, Core Contributors: 18.5%, Early Investors: 16.5%, Magic Labs: 5%,
Utility
Staking for protocol security, Token for gas, fee payment, Used for Newton Model Registry, Governance,
Newton creates a decentralized automation market, where users explore and delegate AI agents to perform multi-chain financial tasks, from trading to yield optimization. The user-friendly interface allows interaction through natural language, similar to Warpcast of Farcaster, requiring no technical knowledge.
