The launch of the Cardano Glacier airdrop portal is a significant event in the cryptocurrency world, offering participants the opportunity to claim Midnight (NIGHT) tokens.
What is the Cardano Glacier Airdrop?
The Cardano ecosystem team has launched the first phase of the Midnight (NIGHT) token distribution through its new Glacier airdrop portal. This step is aimed at decentralizing the token supply and rewarding early supporters. The airdrop is open to a broad range of participants, including addresses on eight popular blockchains, such as:
* XRP Ledger * Cardano * Solana * Bitcoin * BNB Chain * Ethereum * Basic Attention Token (BAT) * Avalanche
How is Midnight (NIGHT) Token Distributed?
The Cardano Glacier airdrop is organized into several phases to ensure fair distribution. The first phase will last for 60 days, during which users can claim their tokens. Following that, the ‘Scavenger Mine’ phase will commence, allowing users to complete specific tasks to claim any remaining tokens. 50% of the total NIGHT token supply (12 billion tokens) will be allocated to ADA holders, 20% to Bitcoin holders, and the remaining tokens distributed among users of other supported blockchains.
Significance of Airdrop for the Cardano Ecosystem
The launch of the Glacier airdrop and the distribution of NIGHT tokens represent important milestones for the Cardano ecosystem. This event not only introduces a new token but enhances interest in privacy-focused solutions. The distribution of tokens across various blockchains fosters collaboration and may lead to new partnerships and innovations. Thus, this activity could increase community engagement and activity within the Cardano network.
The launch of the Cardano Glacier airdrop portal and the distribution of Midnight (NIGHT) tokens constitute a significant step for the Cardano ecosystem and the broader cryptocurrency community. The project's inclusivity and substantial allocation for ADA holders highlight its goal of expanding opportunities and applications of the technology.