• Cardano Founder Charles Hoskinson reveals Midnight (NIGHT) airdrop.
  • He says that 37 million crypto holders will receive the airdrop to experience Midnight.
  • The airdrop should take place sometime in the next few months.

The crypto community is already celebrating the major rally that came for the crypto today. This recovery came from Trump’s decision to suspend most of the tariff he announced for 90 days. In turn, both the stock market and the crypto market pumped significantly reviving bullish sentiment. Amid this bullish turn, Cardano Founder, Charles Hoskinson reveals Midnight Airdrop for 37 million crypto holders across 8 networks in the coming months. 

Charles Hoskinson Reveals Midnight Airdrop

The Cardano blockchain has gone through a tremendous transformation since its foundation. However, the state it is now today took slow, long, and steady progress to get here. The Cardano blockchain was developed to be a truly decentralized ecosystem. Thus, it needed to be peer-reviewed and developed based on an intense amount of time and research, and it seems now that the time has finally come for it to deliver on its initial promises. 

Last bull cycle ADA price pumped significantly, even though the blockchain could not do as much as it can do now. In fact, just over the last 4 years, Cardano launched smart contracts which helped its community grow. Now, most recently, it is boasting of the upcoming Leios Upgrade which will bring Solana-style speed to the blockchain. This would mean that once the upgrade goes through the Cardano ecosystem will deliver speed, scalability, interoperability, and decentralization. An impressive feat indeed.  

The Midnight Blockchain and NIGHT

Another venture that Cardano Founder Charles Hoskinson took up during this time was to build a network that could truly deliver real privacy and anonymity on the blockchain. This he called Midnight. The MIdnight blockchain empowers data protection by utilizing zero-knowledge proofs to protect sensitive data and improve developer experience with developer-friendly tools. 

The native token to the Midnight blockchain will be called NIGHT and is expected to launch sometime over the next few months. As we can see from the post above, anticipation and expectations are high for the arrival of NIGHT. Amid a time when crypto is rallying again, Hoskinson goes on to reveal that in the next coming months, NIGHT will be airdropped to 37 million people across 8 networks. 

He then confirms that users who hold BTC, ETH, ADA, XRP, SOL, and a few other tokens will receive NIGHT so they can experience the Midnight blockchain with ease, immediately when it’s ready. He then talks about chain abstractions and says that users can use the Midnight (NIGHT) and pay with their own crypto. 

Profile picture of Nicole D'souza
Nicole D'souza Posted by

Lead Editor and Senior Journalist

Ensuring authentic and organic news stories in the realm of web3, blockchain, and cryptocurrency, Lauren exercises her focused and vigilant art of storytelling in the form of factual and prominent industry news. She is especially fascinated by the latest development in blockchain innovation and crypto regulations.