Institutional Perspective on Newton (Green No Advertising, Safe to Consume

Baby Bus Version:

1. The story of chain abstraction is valued at approximately 60M

2. If the total is 10 billion, the unit price is 0.006

If the total is 1 billion, the unit price is 0.06

3. It is a project that is somewhat speculative, but because it is one of the rare Binance pre-market trades, it can be worth testing the waters

4. There is no public financing. The parent company Magic should be quite wealthy, with enough money and key individuals to open the door to Binance spot

5. There is a possibility of being listed on Upbit (the possibility is very high, Bithumb should announce it soon)

6. The chips are very concentrated. If there is no financing, there will be no selling pressure from investors, and holdings can be taken to the Korean Exchange

0.06/0.006 is a relatively important price point, which can be understood as an important bottom range

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It is very difficult to analyze projects without disclosed financing

For example, Newton, which will soon be listed on Binance futures

@MagicNewton is incubated by Magic and can be said to be their own project

Magic is a wallet service provider. According to disclosed financing, this project is valued at around 200-300 million USD, and has not issued tokens

So Newton should be the product for them to monetize🤔

Having connected with Polygon and acquired key resources means that there shouldn't be significant issues with listing

The story of chain abstraction is valued at 60-80M in the capital market, so the project's bottom range can be recognized as 60M (slightly higher than conceptual projects because the demand for chain abstraction has been successfully validated)

From the current performance of the project, it seems that marketing has not been very successful, and it has not achieved larger milestones, thus failing to secure further financing; of course, this also means that Magic has a significant grip on Newton, and its impact on the token price is much higher than that of other projects (similar to the chip structure such as Hype)