Midnight Network has announced an airdrop of 24 billion NIGHT tokens to cryptocurrency holders across multiple blockchains. This event is attracting attention due to its unique distribution model.
NIGHT Airdrop Details
The airdrop includes 24 billion NIGHT tokens, distributed as follows:
* **50%** (12 billion) reserved for Cardano (ADA) holders * **20%** for Bitcoin (BTC) holders * **30%** shared between Ethereum, XRP, Solana, Avalanche, BNB Chain, and BAT
Users with cryptocurrency on supported chains can claim tokens starting from July 7 to August 31, 2025. Tokens will be unlocked according to a schedule: **25% every 90 days**, full access after **360 days**.
What is Midnight Network?
Midnight is a new Cardano sidechain focused on enhancing blockchain privacy. Utilizing **Zero-Knowledge Proofs (ZKPs)**, it offers confidential smart contracts, enabling users to control what data is public. This opens up new possibilities for applications such as selective disclosure of medical records and privacy-focused DeFi projects.
NIGHT Token Utility
The NIGHT token plays a significant role in the Midnight ecosystem by enabling:
* **Governance** — holders can vote on proposals and network changes; * **Minting an additional token DUST**, used for executing smart contracts and transactions.
With plans for interoperability, NIGHT is set to become a vital asset in privacy-focused DeFi projects, especially with integrations with Ethereum, Solana, Avalanche, and XRP.
The NIGHT token airdrop by Midnight Network represents a significant event in the cryptocurrency space, appealing to asset holders across multiple blockchains. The focus on privacy and the operational features of Midnight Network open new horizons for blockchain technology.
