Charles Hoskinson has confirmed that the long-awaited Midnight Glacier Drop will have an official date announcement in early August. The Cardano founder is likely to make the announcement during the Rare Evo event, which is slated to take place from August 6–10.
Source: X
He also said that anyone who holds major coins such as $BTC, $ETH, Cardano, Ripple $XRP, Avalanche, $BNB, and Brave (Browser/BAT) will receive the Midnight token for free through an airdrop. The Midnight drop will primarily benefit Cardano $ADA holders, who have contributed to the network's decentralized applications through zero-knowledge proofs. This is a retail-only drop, which does not involve VCs or presales, and will be distributed to ADA holders, who will receive the largest allocation.
How to claim:
NIGHT Airdrop Network's Initial Phases
60-day claim period for eligible wallets holding at least $100 in native tokens.
30-day Scavenger Mine phase redistributes unclaimed tokens to computational task completion.
Four-year Lost-and-Found phase allows original claimants to recover allocation through self-directed verification.
NIGHT tokens will be unlocked in four randomized installments over a 360-day period to prevent supply shocks and promote long-term engagement.
How to Redeem
During the Redemption period, token allocations become redeemable, with successful claims frozen during Glacier Drop and Scavenger Mine. They unlock in four 25% installments over 360 days, with the first thaw occurring randomly between days 1 and 90, and subsequent thaws every 90 days.
To receive your NIGHT Airdrop coins, you must redeem your allocation after it thaws to complete the process.
Source: Website
The Glacier Drop Claim phase will launch on midnight.gd, providing a link to the claim portal with a step-by-step process for claiming tokens. The portal also includes a tool to check wallet addresses for eligibility. Detailed guides will be published on the TGE website and the Midnight network blog, providing instructions for the claim process. Shielded Technologies is testing wallet compatibility across all eight supported ecosystems, with a list of verified wallets confirmed to function with the claim portal. A manual claim method will be available for eligible participants, requiring advanced technical knowledge and using external cryptographic tools to sign the unique claim message. This method is not recommended for users unfamiliar with these tools.
The three claim steps listed below will guide the distribution of the NIGHT token supply. Allocations to key network members will be based on their level of community involvement at each stage. The 24 billion NIGHT Airdrop tokens in total will be allocated as follows:
50% of the supply is allocated to ADA holders marking this as the most generous airdrop in Cardano’s history.
20% of the supply allocated to BTC holders
30% split among holders of ETH, SOL, XRP, BNB, AVAX, and BAT, in proportion to their relative USD value.
Users who have currency on many blockchains can be eligible for more than one dividend. Not all of the tokens will be unlocked at once. Rather, they adhere to a distribution plan:
A quarter is unlocked every 90 days.
360 days later, fully unlocked
A smart contract locks the originally airdropped coins, which will progressively become tradable in stages. Crucially, from July to August 2025, customers would have a 60-day window to redeem their tokens. After that, any NIGHT Airdrop tokens that remain unclaimed will be moved to Scavenger Mine, where users can mine them computationally.
According to Cardano's founder, Hoskinson, 50% of the supply will be allocated to ADA holders, making it the most generous air drop in Cardano's history. Today's Cardano price is $0.8012 USD and down by 5.39% over the previous day.
Source: Coinmarketcap
The NIGHT airdrop token, linked to the Midnight protocol, is a potential contender in the privacy and smart contract sector. NIGHT airdrop launch with a $10 billion valuation, placing it within the top 20 cryptocurrencies by market cap. As anticipation builds, all eyes are now on Rare Evo, where the exact drop date is expected to be confirmed.
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