Why Newcoin
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Creativity is the most difficult, yet valuable asset on earth. The world and the economy will always change, but the creators and creativity will always have value. Platforms like Google or TikTok have value because they predict the value/relevance of a creative asset, which can be a web page or a short video.

These algorithmic Proof-of-Creativity mechanisms are currently bound to each monolithic platform.

What if networks could share their mechanistic and algorithmic scores to establish a shared open state of the Proof-of-Creativity for all creators, regardless of the platform? An algorithmic credential that social networks, neural networks and blockchain networks could contribute to and consume to enhance their compute pricing, discoverability and governance?
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This is not just an idea or a dream. We just spent six years researching and building it and we are currently actively integrating with networks - onboarding creators from fashion-insta and crypto-twitter.
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The Proof-of-Creativity Algorithm encodes the wisdom of the Internet into each interaction to connect and turbocharge blockchains networks, neural networks and social networks.
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Newcoin streamlines and unifies the creative economy by introducing the Proof-of-Creativity algorithm, acting as an intelligent layer between users and platforms. Imagine it as a universal measure of a user's creative value that compounds and values all positive feedback from peers, across platforms, blockchains and AI models.
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Each user grows a portable onchain algorithmic identity proxy known as the WATT, a Soulbound token reflecting their creative energy. The algorithmic Soulbound token is inspired by Google PageRank and the way it scores web pages through backlink evaluation, but applied to blockchain wallet keypairs. Soulbound tokens were introduced by Vitalik Buterin as the next frontier in blockchain systems. Unlike Non-fungible Soulbound tokens, the WATT is a consistent numerical value that is universally queryable by any smart contract, backend or client, making Newcoin the backbone of a smarter and more decentralized Internet.