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

Mining Exodus: Someone Holds $12.8 Billion AI Order

Mining Farms are Turning to AI Hashpower with no Turning Back.

March 6 Market Key Intelligence, How Much Did You Miss?

1. On-chain Funds: $16.3M USD has flowed into the OP Mainnet today; $13.7M USD has flowed out of Arbitrum 2. Largest Price Swings: $XPT, $AIX 3. Top News: Vitalik Calls on Ethereum Community to Shift Mindset, Uphold Core Principles, and Rethink Application Design "From Scratch"

a16z: The True Opportunity of Stablecoins is in Complementing, Not Disrupting

The stablecoin opportunity lies with those merchants yet to come onboard.

Predict LALIGA Matches, Shoot Daily & Win BTC, USDT and WXT on WEEX

The WEEX × LALIGA campaign brought together football excitement and crypto participation through a dynamic interactive experience. During the event, users predicted matches, completed trading tasks, and took daily shots to compete for rewards including BTC, USDT, WXT, and exclusive prizes.

Ray Dalio Dialogue: Why I'm Betting on Gold and Not Bitcoin

Gold is the only asset with a long-term history that can be transferred, is not easily replicable, and does not rely on anyone else's promise. Most currencies, debts, stocks, etc., are just promises of someone honoring their purchasing power.

Who Took the Money in the AI Era? A Must-See Investment Checklist for HALO Asset Trading

A one-page paper listed a series of questions about the potential impact of AI progress. Looking back over two years later, these questions appear particularly prescient, although none of them provided a definitive answer at the time.

Popular coins

Latest Crypto News

Read more