Midnight Network has announced its NIGHT tokenomics and the launch of airdrop titled 'Glacier', set to begin next month and encompassing eight blockchain ecosystems.
Glacier Airdrop: A New Approach to Token Distribution
Midnight Network unveiled its Glacier airdrop plan, which includes three phases and targets over 37 million wallets. Participants holding a minimum of $100 in native cryptocurrencies can engage in a 60-day open claim period for their tokens.
NIGHT Tokenomics Strategy from Midnight Network
The NIGHT tokenomics strategy includes a four-year recovery period for unclaimed tokens. The initial stage involves participants performing computational tasks for 30 days after the main claim period.
Community Reaction and Market Impact
Community reaction to the Glacier airdrop is varied; some users commend the token distribution strategy aimed at preventing speculative dumps. CoinMarketCap notes that current market volatility may be linked to the new token launch.
The NIGHT tokenomics and Glacier airdrop from Midnight Network provide an innovative approach to token distribution across various blockchain platforms. The project has the potential for significant market impact.
