On August 5, 2025, the Midnight Network initiated the NIGHT token airdrop targeting 30 million wallets across eight different blockchains.
Launch of the NIGHT Token Airdrop
The NIGHT token airdrop by Midnight Network began on August 5, 2025, focusing on 30 million wallets across various blockchains, including Bitcoin, Ethereum, and Solana.
Token Distribution
Cardano (ADA) holders are allocated 50% of the distributed tokens. Within the first 24 hours, 470 million tokens were claimed by 23,182 users. The tokens will gradually unlock over a period of 360 days.
Prospects and Ecosystem Impact
The token distribution strategy aims to mitigate market fluctuations and encourage long-term asset holding. This could increase user engagement within the Cardano ecosystem.
The NIGHT token airdrop marks a significant step for Cardano and may influence future development strategies related to privacy tokens within the blockchain sphere.