Cardano (ADA) Founder Reveals Long-Awaited Airdrop Details! Will Be Distributed to 37 Million Wallets! – Some Users Won't Be Able to Receive Airdrop!

By: bitcoin sistemi|2025/05/15 17:30:08
0
Share
copy
Cardano (ADA) Founder Reveals Long-Awaited Airdrop Details! Will Be Distributed to 37 Million Wallets! – Some Users Won't Be Able to Receive Airdrop! Cardano (ADA) founder Charles Hoskinson has revealed the launch of his privacy-focused sidechain Midnight and new details about his airdrop Glacier Drop. Cardano (ADA) founder Charles Hoskinson announced the launch of Cardano’s privacy-focused sidechain Midnight and new details about its upcoming airdrop, Glacier Drop, at Consensus 2025 in Toronto. According to Coindesk, Hoskinson announced that NIGHT governance tokens and DUST privacy transaction tokens will be distributed to approximately 37 million users on 8 major blockchains. Cardano’s privacy sidechain Midnight will airdrop NIGHT and DUST to 37 million wallets across 8 blockchains, including Bitcoin (BTC), Ethereum (ETH), ADA, XRP, Solana (SOL), BSC, AVAX, and POL, excluding VCs. In a notable move, unlike most airdrops, nothing will be given to venture capitalists (VCs) this time around. Hoskinson made it clear that no venture capital firms will be involved in the airdrop process. Instead, the entire airdrop will go only to retail users, who will be free to hold or trade the tokens. This means that both NIGHT and DUST tokens will only be issued to retail users. Midnight is currently on testnet, with a mainnet launch expected in late 2025. How Does Midnight Work? Midnight is not just about privacy. It offers a new economic model that allows developers from different blockchain ecosystems to securely interact on the blockchain without the need for token conversion. Developers can pay network fees in their native tokens, such as ETH, SOL, or BTC, as this model is reportedly designed to encourage collaboration across ecosystems rather than competition. *This is not investment advice.

-- Price

--

You may also like

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies

Overview of Important Market Events on June 24

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com