Midnight Network Plots NIGHT Airdrop for Users of Bitcoin, Ethereum, Cardano and Beyond
Midnight Network will launch NIGHT tokens through an airdrop for users of Bitcoin, Ethereum, Solana, and other major networks. The protocol features a two-token system and a multi-phase token distribution event called the "Glacier Drop," detailed in a 45-page white paper. The initial distribution phase will allocate up to 100% of the NIGHT token supply, with 50% for Cardano holders, 20% for Bitcoin, and 30% for other eligible blockchains. Tokens will vest in 25% increments every 90 days over a total of 360 days. Unclaimed tokens will enter a second phase, the Scavenger Mine, where users can earn tokens by providing computational power. A final Lost-and-Found phase will allow missed claims from the Glacier Drop. Midnight Network emphasizes privacy using zero-knowledge proofs and is currently live on testnet, with the mainnet launch expected 90 days post-Glacier Drop. A DUST token will also be used for transactions.
