Overview

Newton: The infrastructure for a protocol-based economy.

Project stage

Beta version

Detailed description

Digital Identity and Credit
Users can manage and control access to their digital assets by using a digital identity. Digital assets include; cryptocurrencies, personal data, personal credit and anything that exists in a binary format and come with the right to use.

Users can control and set different privacy modes for corresponding digital assets, and price the digital assets.

Supply Chain
By using such techniques as “Atom Hashing” we can create a unique digital identity for commodities over the whole network. Through this digital identity a user can check the relevant information on any commodity at any time.

Once information on each operation of a product enters the Newton Supply Chain, that information will be stored on the Newton blockchain. This ensures no tampering with the data once it is stored on the Newton blockchain.

Through smart contract Newton can pre-set commercial exchanging rules to realize automatic insurance claims and property rights transfer. This will reduce the transaction costs and promote cooperation efficiency.

Digital Marketing
Advertisers can set marketing plans through various built-in marketing smart contract templates in the system. This includes incentive modes, settlement modes, and dynamic price adjusting rules.

Advertisers can audit ongoing and completed marketing contracts. By calling out the DAI system, an advertiser can conduct market research before marketing activities, and analyze the results after the marketing activities.

Trading and payment
The Newton trading and payment platform will enable a user to define transactions using the built-in smart contract templates and rule engine. This enables the user to include: multi-party transactions based on complex business rules, settlement rules, smart insurance contracts, smart financial contracts, and external chain service.

Newton supports cross-border transactions, micro payments, lightning settlements and more to provide comprehensive online and offline payment tools.

Reliable physical tunnel
Based on NewChain and NewIoT technologies Newton is capable of designing a reliable physical tunnel protocol and define manufacturing specifications of related equipment. Any third party can manufacture safety equipment according to the protocol specification.

Automatic finance
Developers can define smart financial contracts based on the built-in smart contract templates on; insurance, lending and investment, including digital identity and credit, KYC information, staking the Newton token, contract rules and external chain service. The system will automatically match smart financial contracts and automatically complete transactional matching.

NNIO
Developers can access NewNET through the NNIO (NewNET IO) protocol, using storage services, computing services and domain names.

Through smart storage contracts, smart computing contracts, smart domain name contracts, developers can quickly and innovatively develop applications.

Solution

Newton project aims to find how to use blockchain technology to solve cross-border, cross-organizational, cross-platform business transactions all over the world, so that to reduce unnecessary commercial friction, and make asset, cash, information traceable and flow smoothly.

NewChain
NewChain adopts a main chain and sub-chain design scheme. The sub-chain supports multiple consensus mechanisms and data structures, ensures the assets transactions between the main chain and sub-chains, and between sub-chains.

Atom Hashing
By using radiometric dating, PCA, machine vision, and deep learning technology, the hashing ID is generated.

NewNET
NewNET, which consists of a large number of nodes, is an open cloud computing network.

NewIoT
Blockchain fog computing, communication protocols between IoT devices and gateways, and NewChain IoT devices development specifications.

Features

Users own the data
Users secure and control their personal data through cryptography, and can then manage their personal credit. Users share the profit produced by data in a pre-agreed manner.
Smarter
Personal credit can be automatically created in a free and open manner without authoritative intermediaries. This methodology will reduce human intervention and facilitate the coordination between people, between machines and between people and machines.
More effective incentive mechanism
Replacing traditional business intermediaries by technology protocols will reduce the transactional cost and reward each who contributed in the transaction; such as service providers, consumers and other participants connected by the value-based Internet.
New organizational structure and cooperation mode
The community economy managed by non-profit foundations will replace the monopoly of intermediary platforms managed by traditional for-profit organizations. Based on open, fair, and rational rules every contributor will benefit from the economy and become a part of the economy.
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Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : NEW
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : NA
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Own blockchain ()
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :100,000,000,000 NEW
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :15,000,000,000 NEW
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Open
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :USA,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    NA
      • Token Distribution

          Vesting notes

          • Founding team: The first year is the locked period. From the second year, every month 1/24 of the total amount will be unlocked.
          • Foundation: 1/2 of the total amount is immediately unlocked, the rest will be unlocked 1/12 every month.
          • Community: Unlock over the next fifty years.

    Sale schedule

    Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
    Public sale Round 3 — Soon
    Start Soon
    NA No - Uncapped Uncapped
    Private Pre-Sale (Round 2) — Ended
    15 Jul 00:00 UTC
    04 Aug 00:00 UTC
    NA No - Uncapped Uncapped
    Angel Sale (Round 1) — Ended
    Start Soon
    NA No - Uncapped Uncapped
    • Team

      • Xu Jizhe photo
        Xu Jizhe
        Founder
      • Li Shubin photo
        Li Shubin
        Co-founder
      • Xia Wu photo
        Xia Wu
        Joint Chief Architect
      • Meng Guang photo
        Meng Guang
        Joint Chief Architect
      • Zhang Yu photo
        Zhang Yu
        Marketing Specialist
    • Advisors

      • Han Feng
        Co-founder of Elastos
      • Li Songbo
        Former CTO of Sina (NASDAQ: SINA)
      • Hu Dinghe
        Chairman of Elastos ecosystem board
      • Gu Xueyong
        Professor at Tsinghua University
      • Lee Willson
        Bitcoin Ambassador

    Roadmap

    • 1 Jan 2018
      Newton project officially begins.
    • Apr 2018

      Newton website officially released

    • Q3 2018

      The Newton main chain and wallet officially released.

    • Q4 2018

      The NewMall officially released

    Activity