The Midnight project, built on the Cardano ecosystem, initiates a massive airdrop of NIGHT and DUST tokens aimed at 37 million users.
Glacier Drop Airdrop
Cardano founder Charles Hoskinson announced the launch of the 'Glacier Drop' airdrop, which will distribute NIGHT and DUST tokens to 37 million users across eight major blockchains. Venture capital firms are completely excluded from the token allocation.
New Collaborative Economics Model
Along with the airdrop, Hoskinson introduced a new 'collaborative economics' model. This model allows community members to participate in governance and does not rely on venture funding. Midnight aims to create a network that respects user privacy while remaining independent.
Midnight's Roadmap and Mainnet Launch
According to Hoskinson, Midnight is currently in its development phase, with its mainnet expected to go live by the end of 2025. The Glacier Drop sets the stage for community involvement and organic growth before the full launch.
The Glacier Drop initiative and the new collaborative economics model could position Midnight uniquely in the privacy-focused blockchain market.