Under the leadership of Charles Hoskinson, Cardano is preparing to launch a NIGHT airdrop as part of Midnight Glacier, with a date announcement expected in early August.
Details of the NIGHT Airdrop
Hoskinson confirmed that the airdrop is intended for holders of major cryptocurrencies, such as $BTC, $ETH, Cardano, Ripple $XRP, Avalanche, $BNB, and Brave (BAT). The airdrop will primarily benefit ADA holders who have contributed to the network's decentralized applications through zero-knowledge proofs. This is a retail-only event that does not involve participation from venture capital firms or pre-sales. The majority of NIGHT tokens will be distributed to ADA holders.
Anyone with at least $100 in native tokens in their wallet will be eligible for the airdrop. In total, 24 billion NIGHT tokens will be allocated as follows: 50% will go to ADA holders, 20% to BTC holders, and the remaining 30% will be split among other currencies based on their USD value.
How to Claim NIGHT Tokens
The process for claiming NIGHT tokens involves several steps. Users must verify their eligibility through a special portal that will be launched on midnight.gd. Tokens will be unlocked in four installments over a 360-day period. To receive the tokens, participants must complete the verification process, which includes checking wallet addresses for eligibility.
A manual claim method will also be available for participants knowledgeable about cryptographic tools, though this method is not recommended for beginners. Tokens in position must be confirmed within a certain timeframe to avoid being moved to the scavenger fund for further redistribution.
The Role of ADA in the Midnight Glacier Drop
Hoskinson stated that 50% of the total supply of tokens will be allocated to $ADA holders, making this airdrop one of the most generous in Cardano's history. Currently, the price of Cardano is $0.8012, with a decrease of 5.39% from the previous day. Unclaimed tokens will be moved to Scavenger Mine, where users will be able to mine them after the main claim period ends.
The launch of the NIGHT airdrop has generated significant interest among crypto investors, especially among ADA holders. With a substantial amount of tokens allocated for Cardano holders, this airdrop may have a significant impact on the community and the technology as a whole.
