Magic Newton Foundation
A decentralized infrastructure layer for verifiable onchain automation, featuring secure agent authorization and programmable finance.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $90.0m | Early VC | |
| Total Funding | 000k | ||
Related Content
Newton Protocol is a decentralized infrastructure layer designed to facilitate verifiable onchain automation and secure agent authorization. The protocol addresses the complexities of web3 by providing a foundational layer for programmable finance, commerce, and autonomous agents, aiming to enhance the trust architecture of the decentralized economy.
The core offering is a verifiable automation layer that allows for the secure execution of onchain tasks. This is complemented by features such as baseline session key permissions for every agent, which include controls like spending limits, expiration dates, and token allowlists. The protocol is built to be extensible, with a roadmap focused on expanding its foundational capabilities.
The business model revolves around its native token, NEWT. Users can stake NEWT to earn an 8.5% APY, participate in the network's governance, and contribute to its decentralization. The protocol is supported by the Magic Newton Foundation, which drives adoption and enables open development.
Keywords: Decentralized Infrastructure, Onchain Automation, Agent Authorization, Programmable Finance, Web3, Staking, Governance Token, Session Keys, Verifiable Automation, NEWT