MagicNewton ($NEWT)
Recent developments:
50% of the initial token allocation is held by the creator.
Creator token stats last updated: Jun 16, 2025 14:39
The following is generated by an LLM:
Summary
AI-driven crypto automation with security proofs but high creator allocation
Analysis
MagicNewton ($NEWT) presents a verifiable AI platform for crypto automation, leveraging zero-knowledge proofs and Trusted Execution Environments (TEEs) to enable secure DeFi tasks like yield optimization and DAO participation. The project is backed by credible partners (Phala Network, Succinct Labs) and investors (PayPal Ventures, $83M funding), with a roadmap targeting cross-chain expansion and developer tools. However, the creator holds 50% of the token supply (500M $NEWT), raising centralization concerns. While the allocation is labeled 'Developer Allocation,' there is no explicit mention of lock-up periods or vesting schedules, necessitating caution. The project addresses a clear need (trustless crypto automation) and benefits from Magic Labs' prior experience in embedded wallets. Token utility beyond governance or platform access remains unclear, and the 50% creator allocation risks poor GINI distribution unless redistributed transparently.
Rating: 4
Generated with LLM: deepseek/deepseek-r1
LLM responses last updated: Jun 16, 2025 14:39
Original investment data:
# MagicNewton ($NEWT)
URL on launchpad: https://app.virtuals.io/geneses/5648
Launched at: Mon, 16 Jun 2025 14:22:18 GMT
Launched through the launchpad: Virtuals Protocol
Launch status: GENESIS
## Token details and tokenomics
Token symbol: $NEWT
Token supply: 1 billion
Creator initial number of tokens: Creator initial number of tokens: 500,000,000 (50% of token supply)
## Creator info
Creator address: 0xB39522640bF4c52fe1368E89736807eCeB139354
Creator on basescan.org: https://basescan.org/address/0xB39522640bF4c52fe1368E89736807eCeB139354#asset-tokens
Creator on virtuals.io: https://app.virtuals.io/profile/0xB39522640bF4c52fe1368E89736807eCeB139354
Creator on zerion.io: https://app.zerion.io/0xB39522640bF4c52fe1368E89736807eCeB139354/overview
Creator on debank.com: https://debank.com/profile/0xB39522640bF4c52fe1368E89736807eCeB139354
## Description at launch
Magic Newton’s AI agent revolutionizes crypto with secure, verifiable automation—think yield optimization and DAO tasks without risking your keys! Launched on Base in May 2025, it uses zero-knowledge proofs and TEEs for transparency. With Phala Network and Succinct Labs as partners, plus $83M from PayPal Ventures, Newton’s roadmap includes a cross-chain marketplace and dev-friendly tools. Join the self-driving crypto wave at magicnewton.com!
## Overview
MagicNewton's agent is a verifiable AI platform for secure crypto automation, enabling tasks like yield optimization and DAO participation without exposing private keys. Using zero-knowledge proofs and Trusted Execution Environments, it ensures transparent, user-defined actions. Launched on Base in May 2025, Newton plans an open agent marketplace, cross-chain expansion, and enhanced developer tools. Key partners include Phala Network for secure computation and Succinct Labs for auditing. Backed by PayPal Ventures and others, Newton aims to simplify DeFi for all users.
[http://www.magicnewton.com](https://www.magicnewton.com)
## Additional information extracted from relevant pages
<fetched_info>
""" [Creator profile on Virtuals Protocol](https://api.virtuals.io/api/profile/0xB39522640bF4c52fe1368E89736807eCeB139354)
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"bio": "Crypto UX is broken. Al can't be trusted. Newton sets you free. Simpler crypto UX with verifiable Al agents.\r\nDCA with our first verifiable agent: Newton.xyz",
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""" https://www.magicnewton.com
## https://www.magicnewton.com
Your browser does not support the video tag.
#### Crypto UX is broken. AI can't be trusted.
# Newton sets you free.
### Simpler crypto UX with verifiable AI agents.
[Launch Newton.xyz ](https://newton.xyz/)
[](https://x.com/MagicNewton)[](https://discord.gg/magicnewton)
## Crypto UX is broken.
## Newton is here to fix it.
Magic Newton is designed to put users first by automating crypto and putting your financial freedom on autopilot. You can set Newton to do all the work for you, executing the strategies you choose 24/7.
Join our Genesis launch to try Newton on Base ahead of the upcoming debut of Newton Protocol.
[Launch Newton.xyz ](https://newton.xyz/)
Your browser does not support the video tag.
## AI can't be trusted.
## Newton gives it verifiable guardrails.
Newton Protocol will establish a secure rollup for AI-driven strategies, automated trading and a marketplace for AI developers—built for trust.
#### Guardrails
Guardrails give you proactive control so that AI agents follow your permissions.
#### Verifiable
Offchain automations can be audited and enforced using zero-knowledge proofs and trusted execution environments (TEEs), bringing offchain automation onchain, like Chainlink does for data.
#### Reputation
To ensure agents act in your best interests, Newton will implement a reputation system that enforces trust through incentive alignment.
## From the pioneers of simpler crypto UX,Magic Labs.
## Magic Labs.
Magic created embedded wallets in 2018. Our SDK is used by applications like Polymarket, WalletConnect, Helium, Forbes and Naver to scale and succeed.
Magic has raised approximately $90 million from investors including Placeholder, PayPal Ventures, DCG, Volt Capital, Polygon, Balaji Srinivasan and others.
[More about magic labs ](https://magic.link/)
MAGIC IS BACKED & TRUSTED BY
Your browser does not support the video tag.
[Looking for Portal? ](https://magicnewton.com/portal)[](https://x.com/MagicNewton)[](https://discord.gg/magicnewton)
[iframe](https://www.google.com/recaptcha/api2/anchor?ar=1&k=6LcGDIMqAAAAAH4O4-y9yAYaEAEJsCwsr8tC6VBJ&co=aHR0cHM6Ly93d3cubWFnaWNuZXd0b24uY29tOjQ0Mw..&hl=en&v=GUGrl5YkSwpBsxsF3eY665Ye&size=invisible&cb=tg04m49p697t)
## https://magicnewton.com/portal
# JOIN NEWTON
Enter a world beyond wallets.
Earn 150 credits when you sign up now.
Start now
More signup options:
By signing up, you agree to receive marketing-related communications from us about Magic Newton and acknowledge that you have read and agree to our [Terms of Service](https://assets.magiclabs.com/assets/NewtonPortalTOS_20250114.pdf) and [Privacy Policy](https://magic.link/legal/privacy-policy).
[iframe](https://auth.magic.link/send?params=eyJBUElfS0VZIjoicGtfbGl2ZV9DMTgxOUQ1OUY1REZCOEUyIiwiRE9NQUlOX09SSUdJTiI6Imh0dHBzOi8vd3d3Lm1hZ2ljbmV3dG9uLmNvbSIsImhvc3QiOiJhdXRoLm1hZ2ljLmxpbmsiLCJzZGsiOiJtYWdpYy1zZGsiLCJ2ZXJzaW9uIjoiMjkuMC41IiwibG9jYWxlIjoiZW5fVVMifQ%3D%3D)
[iframe](https://www.google.com/recaptcha/api2/anchor?ar=1&k=6LcGDIMqAAAAAH4O4-y9yAYaEAEJsCwsr8tC6VBJ&co=aHR0cHM6Ly93d3cubWFnaWNuZXd0b24uY29tOjQ0Mw..&hl=en&v=GUGrl5YkSwpBsxsF3eY665Ye&size=invisible&cb=a60e5ql0qpx1)
"""
""" http://www.magicnewton.com
## http://www.magicnewton.com
Your browser does not support the video tag.
#### Crypto UX is broken. AI can't be trusted.
# Newton sets you free.
### Simpler crypto UX with verifiable AI agents.
[Launch Newton.xyz ](https://newton.xyz/)
[](https://x.com/MagicNewton)[](https://discord.gg/magicnewton)
## Crypto UX is broken.
## Newton is here to fix it.
Magic Newton is designed to put users first by automating crypto and putting your financial freedom on autopilot. You can set Newton to do all the work for you, executing the strategies you choose 24/7.
Join our Genesis launch to try Newton on Base ahead of the upcoming debut of Newton Protocol.
[Launch Newton.xyz ](https://newton.xyz/)
Your browser does not support the video tag.
## AI can't be trusted.
## Newton gives it verifiable guardrails.
Newton Protocol will establish a secure rollup for AI-driven strategies, automated trading and a marketplace for AI developers—built for trust.
#### Guardrails
Guardrails give you proactive control so that AI agents follow your permissions.
#### Verifiable
Offchain automations can be audited and enforced using zero-knowledge proofs and trusted execution environments (TEEs), bringing offchain automation onchain, like Chainlink does for data.
#### Reputation
To ensure agents act in your best interests, Newton will implement a reputation system that enforces trust through incentive alignment.
## From the pioneers of simpler crypto UX,Magic Labs.
## Magic Labs.
Magic created embedded wallets in 2018. Our SDK is used by applications like Polymarket, WalletConnect, Helium, Forbes and Naver to scale and succeed.
Magic has raised approximately $90 million from investors including Placeholder, PayPal Ventures, DCG, Volt Capital, Polygon, Balaji Srinivasan and others.
[More about magic labs ](https://magic.link/)
MAGIC IS BACKED & TRUSTED BY
Your browser does not support the video tag.
[Looking for Portal? ](https://magicnewton.com/portal)[](https://x.com/MagicNewton)[](https://discord.gg/magicnewton)
[iframe](https://www.google.com/recaptcha/api2/anchor?ar=1&k=6LcGDIMqAAAAAH4O4-y9yAYaEAEJsCwsr8tC6VBJ&co=aHR0cHM6Ly93d3cubWFnaWNuZXd0b24uY29tOjQ0Mw..&hl=en&v=GUGrl5YkSwpBsxsF3eY665Ye&size=invisible&cb=l85uwnb7biyh)
## https://magicnewton.com/portal
# JOIN NEWTON
Enter a world beyond wallets.
Earn 150 credits when you sign up now.
Start now
More signup options:
By signing up, you agree to receive marketing-related communications from us about Magic Newton and acknowledge that you have read and agree to our [Terms of Service](https://assets.magiclabs.com/assets/NewtonPortalTOS_20250114.pdf) and [Privacy Policy](https://magic.link/legal/privacy-policy).
[iframe](https://auth.magic.link/send?params=eyJBUElfS0VZIjoicGtfbGl2ZV9DMTgxOUQ1OUY1REZCOEUyIiwiRE9NQUlOX09SSUdJTiI6Imh0dHBzOi8vd3d3Lm1hZ2ljbmV3dG9uLmNvbSIsImhvc3QiOiJhdXRoLm1hZ2ljLmxpbmsiLCJzZGsiOiJtYWdpYy1zZGsiLCJ2ZXJzaW9uIjoiMjkuMC41IiwibG9jYWxlIjoiZW5fVVMifQ%3D%3D)
[iframe](https://www.google.com/recaptcha/api2/anchor?ar=1&k=6LcGDIMqAAAAAH4O4-y9yAYaEAEJsCwsr8tC6VBJ&co=aHR0cHM6Ly93d3cubWFnaWNuZXd0b24uY29tOjQ0Mw..&hl=en&v=GUGrl5YkSwpBsxsF3eY665Ye&size=invisible&cb=q2ktwvcfsyt8)
"""
</fetched_info>
<full_details>
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"createdAt": "2025-06-16T14:22:18.576Z",
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"name": "MagicNewton",
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"startsAt": "2025-06-16T14:40:00.000Z",
"endsAt": "2025-06-17T14:40:00.000Z",
"status": "INITIALIZED",
"genesisId": "251",
"genesisTx": "0xc7faa153e0fea13fe5333025050d618ed38219500a39ae7170b5c03670212404",
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"result": null,
"processedParticipants": "0",
"createdAt": "2025-06-16T14:22:19.430Z",
"updatedAt": "2025-06-16T14:38:02.633Z"
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</full_details>
Investment info last updated: Jun 16, 2025 14:39