🔵Cardano founders reveal details of privacy sidechain Midnight's "Glacier Drop" airdrop program
DeThings, May 15 (UPI) -- According to CoinDesk, Cardano founder Charles Hoskinson announced the details of the "Glacier Drop" airdrop program of privacy sidechain Midnight at the Consensus 2025 conference. The plan will distribute the governance token NIGHT and the privacy token DUST to 37 million users on 8 mainstream public chains, explicitly excluding the share of venture capital institutions, and all tokens will be directly distributed to ordinary users. Hoskinson also proposed a "collaborative economics" model, which allows developers to use native tokens such as ETH and SOL to pay for cross-chain applications, and validators can also earn benefits from cross-chain collaboration. The Midnight testnet has been launched, and the mainnet is expected to be launched by the end of 2025. The airdrop is seen as a strategic move to ease the fragmentation of the industry and respond to the entry of tech giants.
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