Binance Alpha has listed Newton Protocol (NEWT), a promising blockchain and AI project developed by Magic Labs. The project combines on-chain automation with AI-powered agents, aiming to streamline complex cross-chain tasks through secure, verifiable delegation.
Newton Protocol is designed as an on-chain automation framework that leverages AI agents to execute decentralized, cross-chain actions. It ensures cryptographic security and transparency, enabling users to automate workflows without giving up control over their assets.
According to the Magic Newton Foundation, the total supply of NEWT tokens is capped at 1 billion. Here’s how the tokens are distributed:
A major highlight is the airdrop of 10% of the total supply—100 million NEWT tokens—reserved for early adopters and the community. An additional 0.9% (9 million tokens) will be distributed through Kaito platform rewards, encouraging early user engagement and activity.
This creates a unique opportunity for early users to earn NEWT through both participation and airdrop eligibility.
NEWT has raised $90 million in funding from top-tier backers such as PayPal Ventures and Polygon, adding credibility and momentum to the project. The upcoming Token Generation Event (TGE) on June 24 aligns with its Binance Alpha listing, generating buzz across the crypto market.
In a surprise boost, Upbit and Bithumb—South Korea’s largest crypto exchanges—have also announced listings for NEWT. Following the announcements, the token surged 40%, demonstrating strong investor interest.
Despite the hype, Binance Alpha’s recent underwhelming activity could present headwinds for new token launches like Newton Protocol. Investors are urged to track official announcements from Binance and the Magic Newton Foundation to stay informed on trading and airdrop timelines.
June 2025, Cryptoniteuae