Cardano founder announces Midnight privacy sidechains Airdrop plan, covering 37 million users

GateNews

2025-05-15 01:10:52

ADA-3,74%

Gate.io News bot, according to CoinDesk, at the Consensus 2025 conference, Cardano founder Charles Hoskinson announced the “Glacier Drop” airdrop plan of the privacy sidechain project Midnight. The plan will distribute NIGHT and DUST tokens to 37 million users across 8 mainstream public chains, and makes it clear that they will not be distributed to venture capital firms.

Hoskinson introduced the “Collaborative Economics” model at the conference, which allows users to make payments using cross-chain assets such as ETH and SOL, and participate in validation revenue sharing. Currently, the Midnight testnet is already operational, with the mainnet scheduled to officially launch by the end of 2025.

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