Newton (NEW)

Newton: Infrastructure for the community economy

Review Score
ICO Price
Pre ICO Price
TBA 1BTC=2 Million NEW
Soft Cap
Hard Cap
Pre ICO Start Date
1 July 2018
Pre ICO End Date
31 July 2018
Start Date
16 April 2019
End Date
16 April 2019

What is Newton?

Newton:infrastructure for the community economy. The community economy has three core points: governance, collaboration, and incentive. Newton provides governance, collaboration and incentive for community economy.

Without commercial intermediaries, transaction costs of community economy are effectively reduced,  users have their own data.

Newton’s first real business scenario, NewMall will launch in December, 2018. Other applilications such as Finacne, Supply chian, etc. are in the process of negotiation.

On NewMall, Users secure and control their personal data through cryptography, and can manage their personal credit. Users get token from shoping, share the profit produced by data in a pre-agreed manner.

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 machine.

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.

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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