What is NEWT

I. Project Introduction

1. What Is Newton?

Newton is a verifiable automation protocol introduced by Magic and the Magic Newton Foundation, designed to abstract and automate on-chain operations through intelligent agents. Users can issue commands via natural language and graphical interfaces, and agents execute tasks such as cross-chain transactions and yield strategy implementations within predefined scopes. Newton is built on three core features to provide Web3 with a secure and transparent automation infrastructure: scoped autonomy (users define the boundaries of agent behavior), verifiable integrity (every operation comes with a cryptographic proof), and earned reputation (trust is built through historical performance).

2. How Does Newton Work?

Newton operates on a "verifiable agent" system that enables automated and trusted execution of on-chain actions. In the entire process, users first set their operational goals and permission boundaries, and agents then execute tasks off-chain, while zero-knowledge proofs ensure that the process is secure, compliant, and verifiable.

In terms of specific applications, Newton supports a variety of use cases, including cross-chain automated strategies, adaptive yield aggregation, risk management, limit order execution, subscription payments, and DAO treasury operations automation. All operations are performed by agents with permission controls and cryptographic verification, requiring no manual intervention from users, delivering an efficient and transparent Web3 automation experience.

3. Who Founded Newton?

Newton is jointly launched by Magic Labs and Polygon Labs. Sean Li, co-founder and CEO of Magic Labs, is one of Newton's main founders. Li previously founded Kitematic (later acquired by Docker and developed into Docker Desktop), worked at Lightspeed Venture Partners, and holds an engineering degree from the University of Waterloo. The Newton team brings together members from leading tech and crypto companies, such as Coinbase, OpenSea, Meta, and Apple.

4. Newton Tokenomics

Newton's native token is NEWT, with a fixed total supply of 1 billion (1,000,000,000). The token allocation and unlocking schedule are as follows:

Initial Airdrop and Community Rewards (10%): Tokens fully unlocked at launch;

Network Rewards (8.5%): Tokens fully unlocked at launch;

Liquidity (4%): Tokens fully unlocked at launch;

Onchain Ecosystem Growth Fund (15.5%): 20% unlocked at launch, linear unlock over 48 months;

Onchain Ecosystem Development Fund (12.5%): 20% unlocked at launch, linear unlock over 48 months;

Onchain Foundation Treasury (9.5%): 20% unlocked at launch, linear unlock over 48 months;

Core Contributors (18.5%): 33.3% unlocked after a 12-month cliff, then linear unlock over 36 months;

Early Backers (16.5%): 33.3% unlocked after a 12-month cliff, then linear unlock over 36 months;

Magic Labs (5%): 33.3% unlocked after a 12-month cliff, then linear unlock over 36 months;

5. Timeline of Key Milestones

Magic Labs was founded in 2018 by Sean Li and Jaemin Jin, engineers from the University of Waterloo. Magic introduced embedded wallets that eliminated seed phrases and browser extensions, lowering the barrier to accessing Web3.

From 2020 to 2023, Magic raised approximately $90 million, with investors including Placeholder, PayPal Ventures, DCG, Volt Capital, Polygon, and Balaji Srinivasan.

In October 2024, the Magic Newton Foundation was established to manage the development of Newton Protocol and achieve progressive decentralization.

On May 7, 2025, Newton was launched on Base.

On June 20, 2025, the Kaito snapshot was taken.

On June 24, 2025, TGE and airdrop went live.

II. Token Information

III. Related Links