Newton – Custom live media, NFTs and more

Nonfungible tokens (NFTs), this cultural superstar, had a roller-coaster year. In 2021 they entered the periphery and suddenly became the most searched word of the year according to the British dictionary Collins. Everyone wanted to get their hands on them, and those who didn’t know eventually knew because they were bombarded with news about the best-selling digital artworks in human history.

Refresher: What is a non-functional token?

Non-fungible tokens are a unique digital certificate, registered on a blockchain, used to record ownership of an asset, such as a piece of art or a collectible. People were losing sleep trying to get NFT drops from different time zones.

Fast forward a year, experiencing the massive crypto market crash waves and many sleepless nights later, where are we now? Most of us players have a handful of NFT profile pictures in our MetaMask wallets, and with the market down, they can only enjoy them for memory purposes. Yet we ask ourselves, where is all this going?

Recently, there has been a development of technology in the cryptosphere called EVTs, or encrypted variable tokens. Could this be the next big new innovation that will create a new wave?

What we know about the EVTs

This is a new standard token compatible with NRC7, which supports several cryptography algorithms, including AES, ECDSA, RSA and Lattice-based cryptography. This token was designed to fit Web3 applications in future metaverse games, architecture, environmental resources, copyright trading, and media tickets.

EVTs were a new innovation from Newton’s blockchain team. Newton is a decentralized public blockchain founded by JZ Xu and his global team. Since the official chain launch in 2018, Newton has focused on laying the foundation for decentralized applications (DApps) serving various industries via continuous research and development into innovative smart contracts. They are behind Andverse, New Pay Wallet and NewMall Select. The chain is now recruiting development teams globally to develop new DApps.

In May 2022, the Newton team created their own evolution of NFT called EVT where data can be categorized as invariant and variable parts. Variable data has multiple dimensions, which include time, space, function, oracle, and security.

EVTs are definitely worth a dig.

One can imagine that the metaverse is limitless, culturally diverse and censorship-resistant. EVTs will play a crucial role in the metaverse fabric. Any digital element connected to the metaverse will have a growth cycle, and this growth cycle may be computer logged with the functions of the EVT.

Various global entertainment industries are already starting partnership collaborations with Newton to design and plug in future meta-celebrities. Newton’s community BitPenguin is set to roll out a set of rare EVTs from a popular independent film called Mosaic Portrait. There are a few DApps in the works, one of them is preparing to launch called Wave where users can exchange entertainment assets, such as movies and celebrities in both EVTs and NFTs. These celebrities will be the first to be born and raised in the metaverse with value accruing year after year. As the metaverse entertainment sphere is built, each digital element is an asset and can accumulate value over time depending on interactivity. These items are EVTs and can be bought, traded, sold or paired with others to gain more value. It’s certainly one of the more interesting innovative technologies to come out this year.

For more information, visit:

The Newton Project | Wave App | Andverse