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Newton Protocol (NEWT) Backed by PayPal Ventures and Polygon: What You Need to Know
Newton Protocol (NEWT) – Binance Alpha has recently listed Newton Protocol (NEWT), a blockchain and AI-focused automation project developed by Magic Labs, marking a major step forward for the emerging protocol. Alongside the listing, Newton Protocol unveiled its tokenomics, with a 10% airdrop of its total token supply allocated to early participants and the community.
What Is Newton Protocol (NEWT)?
Newton Protocol is an on-chain verifiable automation framework that enables users to delegate complex, cross-chain operations to AI agents. These actions are secured through cryptographic validation, ensuring transparency and safety across ecosystems. The project is backed by the Magic Newton Foundation, which officially disclosed the full breakdown of its token supply and rewards system.
Tokenomics and Airdrop Details
The total supply of NEWT tokens is 1 billion, with 215 million (21.5%) currently in circulation. A significant 60% of the supply is designated for community-related efforts—covering rewards, liquidity, development, and decentralization goals. The remaining 40% is reserved for internal stakeholders, including Magic Labs, early investors, and core contributors, all under vesting schedules.
The highlight is the airdrop of 100 million NEWT tokens (10%), aimed at rewarding early adopters. An additional 0.9% is allocated for Kaito platform participants. A snapshot was taken at 7:59 UTC on June 20, 2025, determining eligibility for rewards.
Listing Momentum and Investor Interest
Newton Protocol has raised $90 million from major investors such as PayPal Ventures and Polygon, fueling strong anticipation ahead of the Token Generation Event (TGE) and airdrop on June 24, 2025. The project’s value surged by 40% following listing announcements from Upbit and Bithumb, South Korea’s largest crypto exchanges.
Despite growing interest, Newton’s launch on Binance Alpha faces challenges amid the platform’s recent underperformance. Users are encouraged to monitor official updates from Binance and Magic Newton Foundation for full participation in the airdrop and future developments.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
