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Funding amount of MagicNewton

Published 6/20/2025, 2:01:28 AM

@MagicNewton has raised $83 million at a $500 million valuation. Here’s a brief overview of the tokenomics:

  • Total Supply: 1,000,000,000
  • Distribution:
    • 50% Ecosystem
    • 20% Investors
    • 20% Team
    • 10% Community

This fundraising is considered one of the significant bets in the Web3 space.

For more details, you can check the original post here.