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.

You may also like

Particle Founder: The entrepreneurial insights I have gained the most from in the past year

Stop lean startup, stop lightning entrepreneurship, and think carefully about what your product aspirations are.

Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence

The competition in the future is not just about whose model is larger or whose computing power is stronger, but also about who understands the industry better, who can embed AI more deeply into real processes, and who can organize these capabilities into a runnable and scalable system.

OKX Ventures Research Report: AI Agent Economic Infrastructure Research Report (Part 1)

The existing infrastructure is hostile to the Agent economy. Agents can think and act independently at the "capability level," but at the "economic level," they are still locked into infrastructure designed for humans.

The migration of settlement rights: B18 and the institutional starting point of on-chain banks

In the traditional system, banks decide the settlement; in the on-chain system, code begins to take over this responsibility.

From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment

The AI narrative continues to ferment, but the recent performance of related stocks varies, with some in the midst of summer and others as if in winter.

The second half of stablecoins no longer belongs to the crypto circle

What Coinbase doesn't want, Mastercard is eager to buy.

Popular coins

Latest Crypto News

Read more