Newton (NEW)

Overview

Newton is a public blockchain built for the “community economy.” Often called the Newton blockchain or NewChain, it is an EVM-compatible network that aims to make everyday commerce, loyalty, and payments faster and cheaper. Its native asset, the NEW token, powers the chain. Users pay gas in NEW, and developers can build dApps for retail, supply chains, DeFi, NFTs, and even gaming. People also watch the NEW price to track how the network is growing, though market data changes often and is shown in live widgets separate from this page. (blockspot.io)

Newton’s design favors real-world use. It targets quick confirmations, low fees, and tools that fit stores, shoppers, and brands. The project highlights an “infrastructure for the community economy,” where value flows to contributors instead of many middlemen. That’s why you’ll see examples like on-chain shopping, loyalty points, and transparent supply tracking alongside more typical Ethereum-style apps. (newswire.com)

Important note on naming: this page covers Newton (NEW) and the Newton blockchain. It is not the Canadian exchange called Newton, and it is not “Magic Newton” or Newton Protocol, which uses a different token ticker ($NEWT). Those are separate projects. (docs.newtonproject.org)

History & Team

Newton launched its testnet in September 2018 and its mainnet (NewChain) in December 2018. The first live app promoted by the project was NewMall, a blockchain-driven e-commerce marketplace that showed how peer‑to‑peer retail could work on-chain. Over time, the ecosystem added more commerce and finance pilots. (newswire.com)

The project’s early public materials and third‑party profiles name Xu Jizhe (often written “Xu JZ” or “Jizhe Xu”) as founder, with work histories across e‑commerce and open‑source communities. Advisors highlighted in a 2019 Huobi Prime announcement included Theodore Gray (co‑founder of Wolfram Research) and Li Songbo (former CTO of Sina), among others. While some team details were kept lean on official channels, these names show the project’s roots in both tech and online retail. (investing.com)

In January 2025, stewardship shifted to Newton DAO, a community‑governed structure where NEW holders participate in proposals and direction. Later communications announced a broader rebrand toward “AB,” signaling a next chapter for the technology and governance, while keeping NEW as the network’s native token. (ab.org)

Technology & How It Works

EVM-compatible architecture

NewChain is compatible with the Ethereum Virtual Machine, so developers can port Solidity smart contracts and familiar toolchains. The architecture uses a main chain plus many sub‑chains to scale for different business use cases. This lets high‑throughput apps run without crowding everything onto a single base layer. (blockspot.io)

Consensus and performance

Newton uses Proof of Authority (PoA), a consensus style that relies on a known set of validators to confirm blocks quickly. Public statements and docs describe a 3‑second block time and a design target of thousands of transactions per second for commercial workloads. PoA helps keep fees low and speeds up finality, which is useful for commerce and point‑of‑sale flows. (docs.newtonproject.org)

Crypto primitives and IoT focus

Newton’s technical docs also note a change from secp256k1 to secp256r1 for signatures to better align with NewIoT hardware integrations. Alongside the chain itself (NewChain), the full stack mentions NewNet (distributed storage) and NewIoT (device layer), emphasizing real‑world connections like sensors and logistics. (docs.newtonproject.org)

Network parameters and developer access

For builders and advanced users, Newton is listed in popular multi‑chain developer catalogs. References show:

• Mainnet name: Newton
• Mainnet Chain ID: 1012
• Testnet name: Newton Testnet
• Testnet Chain ID: 1007

These listings also provide faucet and RPC endpoints to add the network to wallets and frameworks easily. (thirdweb.com)

Tokenomics & Utility

Supply and initial allocations

The NEW token has a fixed maximum supply of 100,000,000,000 NEW. Historical allocation data shared during the Huobi Prime listing window described a split that included:

• Community incentives: 60%
• Foundation: 15%
• Team: 10%
• Exchange/resale: about 13.82%
• Burned: about 1.18% at that time

These figures reflect the initial design and incentive plan for bootstrapping users, developers, and the broader community economy. (huobiglobal.zendesk.com)

In early 2025, Newton DAO adopted NEP‑63, an update to “Newton tokenomics” that adjusted release schedules for locked NEW and retired the NewForce system. The aim was to align incentives with the network’s new multi‑chain direction (e.g., Newton Core and the finance‑oriented sidechain) while keeping total supply unchanged. When researching the token today, keep in mind the original allocation and the later release‑rule adjustments approved by governance. (neps.newtonproject.org)

What NEW does

• Gas and fees: NEW pays for transactions and smart‑contract execution on the Newton blockchain. (investing.com)
• Governance: With Newton DAO live, NEW holders can participate in proposals and community decisions that guide upgrades, releases, and programs. (newtondao.org)
• Ecosystem incentives: Historically, community incentives funded mining, liquidity, and growth programs such as NewSwap liquidity events to help kickstart on‑chain activity. (coinspectator.com)

Because the network is EVM‑compatible, standard DeFi, NFT, and gaming patterns also apply. DApps can charge fees in NEW, distribute rewards, or use NEW as a base pair in liquidity pools, depending on the app. All of these activities can influence demand and how users follow the NEW price over time. (blockspot.io)

Ecosystem & Use Cases

Commerce and retail

From the start, Newton focused on commerce. NewMall—the first flagship dApp—showed peer‑to‑peer shopping without heavy intermediaries. The same toolkit fits loyalty programs, couponing, and transparent reviews, because transactions and rules live on-chain. Merchants can automate rewards and returns, and customers can verify claims in the ledger. (huobiglobal.zendesk.com)

Supply chain and agriculture

By linking goods to blockchain evidence and, where useful, to sensors (NewIoT), producers can record sourcing, shipping, and storage events. This makes audits easier and helps fight counterfeits. Agriculture pilots can record harvests and quality checks, then share that data with buyers or regulators as needed. (docs.newtonproject.org)

Newton DeFi, NFTs, gaming

Because NewChain is EVM‑compatible, developers can deploy DeFi protocols, NFT collections, and games with familiar tooling. Apps can build DEXs, yield vaults, on‑chain game assets, and mint passes that unlock in‑store perks. The project’s materials and third‑party profiles also mention pilots across payments, public welfare, and entertainment, signaling a wide canvas beyond commerce alone. (docs.newtonproject.org)

Advantages & Challenges

Advantages

• Purpose-built for commerce: The Newton blockchain was designed with retail and payments in mind, which suits use cases needing quick, low‑fee transactions. (newswire.com)
• EVM compatibility: Developers reuse Solidity and common frameworks, lowering the barrier to launch. (blockspot.io)
• Layered architecture: A main‑chain plus sub‑chains approach can help isolate heavy workloads and keep user fees predictable. (blockspot.io)
• Ecosystem narrative: “Community economy” gives a clear story for merchants and end users, not just crypto natives. (newswire.com)

Challenges

• Validator model: PoA delivers speed but relies on selected validators, which some builders view as more centralized than other models. Projects must balance speed with decentralization needs. (docs.newtonproject.org)
• Brand confusion: “Newton” also refers to a Canadian exchange and to “Magic Newton”/Newton Protocol ($NEWT). Users should check tickers and official domains before acting. (newton.co)
• Evolving roadmap: Governance shifted to Newton DAO in 2025 and communications announced a migration toward “AB.” Builders may want to watch how the DAO steers technical priorities across NewChain (now “Newton Core”) and the finance sidechain. (bitget.com)

Where to Buy & Wallets

NEW trades on a mix of centralized platforms and on-chain venues. If you’re wondering where to buy NEW, use the live “Markets” section on this page to see current listings, then follow the standard flow: fund your account or wallet with a base asset, select NEW, and complete the swap or spot trade. If you’re using a DEX, verify the correct network and token contract before transacting. (Listings may include the native NewChain version of NEW and, on some venues, a bridged EVM version such as on BSC.) (investing.com)

For wallets, most EVM wallets work. You can add the Newton mainnet manually using the chain parameters in developer catalogs:

• Newton mainnet: Chain ID 1012
• Newton testnet: Chain ID 1007

Wallets like MetaMask let you add a custom network by entering the chain name, Chain ID, and RPC URL. Developer pages also show a public faucet for the testnet to help you try apps risk‑free. Hardware wallets that support custom EVM networks can connect through these same settings. (thirdweb.com)

Regulatory & Compliance

Newton is now organized as Newton DAO, which describes itself as a decentralized autonomous organization made up of NEW holders rather than a traditional legal entity. Its governance documents emphasize on‑chain voting and community‑driven decisions. In communications during 2025, the project further announced a rebrand to AB, aligning future efforts under that name. Overall, the Newton regulatory status reflects how many public networks operate today: open‑source infrastructure with governance handled on-chain. Specific legal treatment varies by country and continues to evolve. (newtondao.org)

On faith-based compliance, there is no official third‑party ruling that labels NEW as “halal” or “haram.” Many scholars view major cryptocurrencies as permissible when used as digital assets and not for interest‑based lending or gambling‑like behavior. NEW is a utility token used for gas, governance, and ecosystem activity on the Newton blockchain. Because practices differ, some communities discuss Newton halal considerations in terms of how the token is used (for example, paying gas or accessing dApps), rather than the asset itself. At the time of writing there is no certified statement declaring the NEW token to be NEW shariah compliant. (docs.newtonproject.org)

Future Outlook

With DAO governance in place and communications pointing to an “AB” rebrand, Newton’s next phase focuses on scaling its commerce story across chains. Materials describe “Newton Core” for the original network, plus a finance‑oriented sidechain to handle DeFi, payments, and real‑world asset use cases, all while keeping the total NEW supply intact. For developers, the EVM base and ready chain IDs make it simple to deploy. For users, the draw is the same as day one: fast checkout‑like transactions, programmable loyalty, and data you can verify. If adoption grows in retail, DeFi, NFTs, and gaming, that can attract more builders and brands, and the NEW price will likely be tracked more closely by market watchers. (coinlive.com)

Summary

Newton (NEW) is an EVM‑compatible public blockchain aimed at real commerce. It blends quick, low‑fee transactions with a developer stack for stores, supply chains, and everyday users. The NEW token fuels the network for gas, governance, and ecosystem incentives. Since 2018, the project has moved from testnet to mainnet, launched commerce pilots like NewMall, and transitioned to Newton DAO governance, with a 2025 rebrand toward AB guiding its next stage. Builders get Ethereum‑style tools and a main‑chain/sub‑chain design; users get fast payments, on‑chain loyalty, and apps that can extend into Newton DeFi, NFTs, and gaming. If you are exploring this ecosystem, keep an eye on governance updates, which shape Newton tokenomics and network programs, and use the live markets section here when you want to check the latest NEW price or where to buy NEW. (newswire.com)