AB, New Name for Newton DAO - How the Rebranding is Going

In a pivotal development for the blockchain community, AB (formerly Newton DAO) has announced the launch of a new cross-chain solution for BEP2 NEW-09E assets, now symbolized as $AB. 

This rebranding is part of a broader transition that also includes a series of governance changes designed to strengthen decentralized autonomy. 

The announcement highlights a technical breakthrough intended to allow users to migrate their assets from the now-defunct BNB Beacon Chain back to the AB mainnet, ensuring the continued security and accessibility of their tokens.

Read the full news about how the rebranding process of AB new name for Newton DAO is going in this article!

The Rebranding: Newton DAO Transforms Into AB DAO

On February 10, 2025, Newton DAO officially rebranded itself as AB DAO, marking a significant milestone in the project’s evolution. The name change is much more than a cosmetic upgrade; it represents a strategic shift towards full decentralization. 

The project, which initially gained recognition for its centralized governance model, has now embraced a fully decentralized structure, where decisions are made by community voting rather than a centralized authority.

The move to AB DAO signifies a commitment to community-driven decision-making, empowering AB token holders to directly influence the direction of the project. AB DAO now functions as a truly decentralized autonomous organization (DAO), and the shift is expected to increase transparency, reduce centralized control, and foster a more inclusive environment for token holders.

As part of this transition, AB DAO will focus on upgrading decentralized governance, allowing token holders to have a more active role in decision-making processes. 

This change is seen as a crucial step towards building a sustainable and self-governed ecosystem, offering a long-term foundation for the growth and success of AB's ecosystem.

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The Cross-Chain Solution for BEP2 NEW-09E Assets

The main focus of AB’s announcement centers on the development of a cross-chain migration solution designed to help users transition their NEW-09E tokens (now known as $AB) from the BNB Beacon Chain to the AB mainnet. This migration is a direct response to the shutdown of the BNB Beacon Chain, which ceased operations at the end of 2024.

The BNB Beacon Chain, which originally hosted the NEW-09E assets issued back in 2019, was decommissioned following the introduction of the BNB Smart Chain. As a result, approximately 65 million NEW-09E tokens remained unmigrated, creating a potential risk for holders who still had assets on the old chain. 

In response to this challenge, AB DAO has worked closely with the BNB Chain team to develop a cross-chain solution that would allow users to complete a one-time migration of their assets to the AB mainnet.

According to AB, the solution is set to go live in the coming 1 to 2 weeks, offering a seamless process for users to move their tokens from the old BNB Beacon Chain to the upgraded AB network. 

This move ensures that all holders of NEW-09E tokens will have access to their assets on the AB mainnet, preventing them from being locked in the obsolete BNB chain.

AB DAO emphasized that this migration process is a safeguard for user assets, and further updates regarding the procedure will be communicated through official channels. The initiative is seen as a crucial step in protecting user investments and ensuring the continued trust in AB’s ecosystem.

Why the Name Change to AB? A New Era of Decentralized Governance

The decision to rebrand Newton DAO to AB DAO was not made in isolation. This change is part of a broader strategic vision aimed at enhancing decentralized governance. 

By removing centralized control and handing decision-making power to the community, AB DAO is building a governance model that mirrors the core values of blockchain technology: transparency, equality, and autonomy.

AB DAO aims to create a self-sustaining ecosystem where token holders play a key role in shaping the future of the platform. The new governance structure is based on community voting, where holders of AB tokens can propose and vote on decisions that affect the development of the platform, its features, and even its partnerships.

This move marks a clear departure from the traditional centralized management models that are commonly seen in many blockchain projects. 

Instead of relying on a small group of decision-makers, AB DAO’s governance structure allows the community to collectively steer the project’s direction, fostering a more inclusive environment where the ecosystem’s growth is driven by the collective interests of its users.

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The Future of AB DAO: What’s Next?

The rebranding to AB DAO and the introduction of the cross-chain migration solution are just the beginning. As the project continues to expand, AB plans to roll out a series of new features and initiatives aimed at enhancing the platform’s functionality and adoption.

One key area of focus for AB DAO is the expansion of its decentralized finance (DeFi) offerings, as well as the integration of additional cross-chain solutions that will allow users to interact with other major blockchain networks. 

Additionally, AB DAO plans to launch a suite of new tools for token holders, which will make it easier for them to engage with the platform, participate in governance, and access a variety of DeFi services.

AB DAO also intends to strengthen its position in the NFT  space by building out NFT-related features and integrating new projects into its ecosystem. These efforts will help broaden AB’s appeal to a wider audience and attract new users to the platform.

Conclusion

The transition from Newton DAO to AB DAO represents a bold move towards full decentralization, empowering users to take control of the platform’s future through community governance. 

The launch of the new cross-chain migration solution for BEP2 NEW-09E assets ensures that users can easily transition their assets to the AB mainnet, safeguarding their investments and promoting seamless integration with the upgraded ecosystem.

With a clear focus on decentralized governance, DeFi, and NFTs, AB DAO is positioning itself as a forward-thinking leader in the blockchain space. The community-driven nature of the project, coupled with its strategic technological advancements, sets the stage for AB DAO to thrive in 2025 and beyond.

FAQ

What is the reason behind the name change from Newton DAO to AB DAO?

The name change from Newton DAO to AB DAO marks a significant shift towards full decentralization. AB DAO now embraces a community-driven governance model, where all decisions are made through community voting. This rebranding aligns with the project’s goal to enhance decentralized autonomy, reducing reliance on centralized management and empowering token holders to guide the platform’s future.

What is the new cross-chain solution for BEP2 NEW-09E assets?

AB has introduced a new cross-chain migration solution for BEP2 NEW-09E assets, which were initially issued in 2019 on the BNB Beacon Chain. With the shutdown of the BNB Beacon Chain at the end of 2024, AB DAO is offering a seamless migration process for users to move their NEW-09E tokens (now known as $AB) from the obsolete BNB Beacon Chain to the AB mainnet.

When will the cross-chain migration solution be available?

The migration solution is expected to go live in 1 to 2 weeks from the date of the announcement. Once the feature is launched, holders of NEW-09E tokens will be able to complete the migration process, transferring their tokens to the AB mainnet with a one-time action.