Latest news with #MagicLabs
Arabian Post
5 days ago
- Business
- Arabian Post
Fairness Redefined: Magic Newton Unveils NEWT Token
The Magic Newton Foundation has unveiled its NEWT token, aiming to revolutionise token launches by embedding transparency and equitable distribution at its core. The native token of the Newton Protocol, NEWT debuts with a fixed supply of 1 billion, of which 21.5%—215 million tokens—is initially available. Designed to tackle persistent issues of insider trading and opaque allocations, NEWT introduces several industry-first safeguards. All allocations are publicly tagged on-chain for independent verification, while quarterly reports will detail usage across community, internal, and liquidity categories. Furthermore, team and contributor allocations are subject to a mandatory 36-month vesting with an initial 12-month lock-up. Solid data underpins the initiative: research indicates insiders preceded 56% of all ERC‑20 listings since 2021, and studies suggest 10–25% of token listings may involve insider activity. Mohammad Akhavannik, Managing Director of the Foundation, said the goal is to 'correct information asymmetry' with full on-chain transparency and equitable distribution. ADVERTISEMENT A significant 60% of the token supply is allocated to community-focused initiatives—growth, ecosystem development, staking, liquidity support—with structured unlocking schedules: 20% at launch, the balance over a 48-month span. The remaining 40% is directed to internal stakeholders—core contributors, early backers, and Magic Labs—with vesting periods designed to align long-term incentives. Beyond tokenomics, NEWT underpins the Newton Protocol's AI-driven automation. It serves four primary roles: securing the network through validator staking; acting as the protocol's native gas fee; funding registration and operational services for AI agent models; and enabling governance participation via staked holdings. The protocol integrates trusted execution environments and zero-knowledge proofs to ensure tasks executed by AI agents adhere to user-defined parameters. Binance has listed NEWT for margin, futures trading, and inclusion in Earn programmes. The token also features on Coinbase, Upbit, Bybit, and Bithumb. Following the announcements from Upbit and Bithumb, NEWT saw a 40% price surge, which was further bolstered by backing from PayPal Ventures and Polygon securing US$90 million in pre-launch investment. The launch included a 10% airdrop—100 million tokens—to early community participants and users active on the Kaito platform, including a 0.9% allocation specifically for Kaito rewards, based on an eligibility snapshot on 20 June 2025. Magic Labs, the principal developer behind Newton Protocol, brings extensive web3 infrastructure experience, having supported over 50 million embedded wallets since 2018 through partnerships with notable platforms such as Polymarket and WalletConnect. This technical legacy, combined with NEWT's layered governance and economic utility, positions the Foundation to challenge established norms in on‑chain finance. Critical voices within the crypto community have noted discrepancies in the top-tier distribution: for example, the top 1,000 social‑platform accounts received 0.9% of the circulating tokens, prompting debate over whether influence is being prioritised over grassroots contributors.
Time of India
17-05-2025
- Business
- Time of India
Why AI tokens are emerging as high-conviction investment theme in 2025
Tired of too many ads? Remove Ads Crypto TrackerPowered By TOP COINS TOP COIN SETS Tether 85.6 ( 0.01 %) Buy Bitcoin 88,58,304 ( -0.48 %) Buy XRP 204.19 ( -1.26 %) Buy BNB 55,181 ( -1.95 %) Buy Ethereum 2,13,926 ( -3.72 %) Buy What Are AI Tokens? Why Now? What Are the Use Cases? Final Thoughts (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of .) The AI sector continues to ride a strong upward momentum. Just this week, AI-focused crypto tokens added nearly $10 billion in market capitalization, with several top assets rallying over 100% in seven days. Backed by real advancements in AI agent technology and token utility, this surge is more than just market noise—it reflects a broader convergence of artificial intelligence and decentralized finance that investors can no longer afford to buzz isn't limited to price action. Several real-world projects are bringing the power of AI to everyday users in simple and useful ways. For instance, Magic Labs, backed by PayPal, has launched Newton—an AI assistant that can automatically manage DeFi investments like trading and earning interest, all while keeping users' information secure and example is Pixel AI, a game built on the Solana blockchain, where players can earn rewards by competing for digital space using the $PIXAI token. And then there's GAIB, which has introduced AID Alpha—a digital asset backed by income from high-performance computer chips (GPUs), giving investors a new way to earn returns from the growing demand for AI tokens are digital assets that combine artificial intelligence and blockchain to power decentralized applications such as data processing, intelligent indexing, autonomous trading strategies, and GPU (Graphics Processing Unit) sharing. GPUs are high-performance processors optimized for parallel computations, making them essential for training and running advanced AI the Web3 ecosystem, these tokens serve multiple roles—they are used to pay for services, reward contributors, and participate in protocol governance through voting mechanisms. Their utility across various functions fuels demand, which in turn can drive up token value. Simply put, the more an AI platform is used, the greater the potential value of its native token—making AI tokens central to the evolution and economic sustainability of decentralized AI essence, AI tokens are functional instruments that back real use cases in the evolving Web3 powerful forces are driving the rise of AI tokens. First, mainstream AI adoption is accelerating—companies like Nvidia have surpassed a $3 trillion market cap, while generative AI tools such as ChatGPT have become household names, firmly establishing AI as a core layer of the future tech blockchain is emerging as the ideal infrastructure for AI—transparent, decentralized, and programmable—enabling autonomous AI agents to operate with verifiable accountability through smart contracts. Third, the surge in AI token valuations—averaging over 2,900% in 2024—has captured the attention of both retail traders and institutional investors, including hedge funds, who are now exploring AI-linked crypto assets as a high-growth frontier beyond traditional are only as strong as the technology they are built upon—and in the case of crypto, that foundation is everything. AI tokens are emerging as high-potential digital assets precisely because they are rooted in powerful, rapidly advancing technologies at the intersection of artificial intelligence and blockchain. One of the most compelling use cases is autonomous AI agents—platforms like Virtuals enable users to create tokenized agents that perform predefined tasks such as executing trading strategies or managing cross-chain interactions with minimal human intervention. Beyond automation, these tokens are facilitating the rise of decentralized marketplaces for data, compute power, and AI model sharing, laying the groundwork for a more open and inclusive AI tokens are also being used to power predictive analytics platforms, which apply machine learning models to forecast crypto market trends—providing traders, funds, and institutions with timely, data-driven insights. At the infrastructure layer, projects like GAIB are tokenizing access to income-generating GPU supply chains, allowing investors to earn yield from AI compute resources—essentially unlocking exposure to the hardware that fuels AI tokens are no longer a side story—they are fast becoming the main plotline in both crypto and tech investing. For equity investors looking to diversify, and for crypto traders seeking fundamentally-backed narratives, AI tokens offer exposure to one of the most promising intersections of technology today.(The author Paras Malhotra is SVP - Trade, Custody and BizOps, CoinDCX. Views are own)
Economic Times
17-05-2025
- Business
- Economic Times
Why AI tokens are emerging as high-conviction investment theme in 2025
The AI sector continues to ride a strong upward momentum. Just this week, AI-focused crypto tokens added nearly $10 billion in market capitalization, with several top assets rallying over 100% in seven days. Backed by real advancements in AI agent technology and token utility, this surge is more than just market noise—it reflects a broader convergence of artificial intelligence and decentralized finance that investors can no longer afford to ignore. ADVERTISEMENT The buzz isn't limited to price action. Several real-world projects are bringing the power of AI to everyday users in simple and useful ways. For instance, Magic Labs, backed by PayPal, has launched Newton—an AI assistant that can automatically manage DeFi investments like trading and earning interest, all while keeping users' information secure and private. Another example is Pixel AI, a game built on the Solana blockchain, where players can earn rewards by competing for digital space using the $PIXAI token. And then there's GAIB, which has introduced AID Alpha—a digital asset backed by income from high-performance computer chips (GPUs), giving investors a new way to earn returns from the growing demand for AI computing. AI tokens are digital assets that combine artificial intelligence and blockchain to power decentralized applications such as data processing, intelligent indexing, autonomous trading strategies, and GPU (Graphics Processing Unit) sharing. GPUs are high-performance processors optimized for parallel computations, making them essential for training and running advanced AI the Web3 ecosystem, these tokens serve multiple roles—they are used to pay for services, reward contributors, and participate in protocol governance through voting mechanisms. Their utility across various functions fuels demand, which in turn can drive up token value. Simply put, the more an AI platform is used, the greater the potential value of its native token—making AI tokens central to the evolution and economic sustainability of decentralized AI networks. ADVERTISEMENT In essence, AI tokens are functional instruments that back real use cases in the evolving Web3 powerful forces are driving the rise of AI tokens. First, mainstream AI adoption is accelerating—companies like Nvidia have surpassed a $3 trillion market cap, while generative AI tools such as ChatGPT have become household names, firmly establishing AI as a core layer of the future tech stack. ADVERTISEMENT Second, blockchain is emerging as the ideal infrastructure for AI—transparent, decentralized, and programmable—enabling autonomous AI agents to operate with verifiable accountability through smart contracts. Third, the surge in AI token valuations—averaging over 2,900% in 2024—has captured the attention of both retail traders and institutional investors, including hedge funds, who are now exploring AI-linked crypto assets as a high-growth frontier beyond traditional are only as strong as the technology they are built upon—and in the case of crypto, that foundation is everything. AI tokens are emerging as high-potential digital assets precisely because they are rooted in powerful, rapidly advancing technologies at the intersection of artificial intelligence and blockchain. One of the most compelling use cases is autonomous AI agents—platforms like Virtuals enable users to create tokenized agents that perform predefined tasks such as executing trading strategies or managing cross-chain interactions with minimal human intervention. Beyond automation, these tokens are facilitating the rise of decentralized marketplaces for data, compute power, and AI model sharing, laying the groundwork for a more open and inclusive AI economy. ADVERTISEMENT AI tokens are also being used to power predictive analytics platforms, which apply machine learning models to forecast crypto market trends—providing traders, funds, and institutions with timely, data-driven insights. At the infrastructure layer, projects like GAIB are tokenizing access to income-generating GPU supply chains, allowing investors to earn yield from AI compute resources—essentially unlocking exposure to the hardware that fuels AI tokens are no longer a side story—they are fast becoming the main plotline in both crypto and tech investing. For equity investors looking to diversify, and for crypto traders seeking fundamentally-backed narratives, AI tokens offer exposure to one of the most promising intersections of technology today. ADVERTISEMENT (The author Paras Malhotra is SVP - Trade, Custody and BizOps, CoinDCX. Views are own) (You can now subscribe to our ETMarkets WhatsApp channel) (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of
