Binance Alpha has introduced a new blockchain and AI initiative called Newton Protocol (NEWT), which recently revealed its tokenomics. The project, developed by Magic Labs, features an airdrop of 10% of the total NEWT token supply to reward early participants and the community. Newton Protocol is designed as a verifiable on-chain automation protocol, enabling users to assign complex cross-chain tasks to AI agents, with cryptographic measures ensuring security. The total supply of NEWT is 1 billion tokens, with 215 million (21.5%) available initially. The team has allocated 60% for community initiatives, including rewards and liquidity, while 40% is reserved for internal stakeholders. The airdrop will distribute 100 million tokens, with an additional 0.9% for Kaito rewards, and the snapshot is set for June 20, 2025. Newton Protocol has raised $90 million from investors like PayPal Ventures and Polygon, with the Token Generation Event and trading launch on June 24, following a 40% price surge after listings on major exchanges. Read more AI-generated news on: https://app.chaingpt.org/news

#MATIC #AI