In a recent development, Cardano’s Midnight airdrop, projected to happen at the Glacier Drop, has been making waves in the cryptocurrency landscape. The airdrop, which went live on Tuesday, has garnered massive user attraction, as over 11,000 participants have claimed 250 million NIGHT tokens after a few hours.
Notably, the Midnight team opened the portal for eligible participants to claim the airdropped NIGHT tokens yesterday, and users flocked in their numbers across eight chains to receive the reward. Remarkably, many have teased that this is the largest airdrop by number of wallet participants, with 37 million wallets eligible.
Midnight Airdrop Buzz Amazes Cardano Founder
Meanwhile, Cardano founder Charles Hoskinson shared this update and expressed excitement towards the development of the Glacier Drop. He shared in a Wednesday tweet that in hours, the portal has registered 11,000 redemptions, with 250 million NIGHT tokens claimed.
Hoskinson’s amazement follows an earlier post in which the Cardano founder expressed gratitude towards the Midnight amazing team. He further boasted that the application for the claim event is arguably one of the most complex developed apps in crypto history.
“8 ecosystems, 24/7 uptime, no data loss, 7 blockchains all with different addresses and crypto, regulatory compliance, auditability, and a huge smart contract,” he highlighted as he applauded the process.
For further context, Glacier Drop leverages Cardano’s Hydra, a layer-2 scaling solution, enabling 37 million instant redemptions by processing transactions off-chain. The application integrates eight ecosystems and seven blockchains with 24/7 uptime.
Notably, the airdrop cut across different blockchains, including Cardano, Bitcoin, Solana, BNB, and the XRP Ledger.
Glacier Drop Innovations Marred by Bugs
Despite these innovations, the application is not flawless. Certain Cardano community members with Ledger wallets, who qualify for the NIGHT token claim, continue to face challenges in accessing their allocations.
“There will be bugs, UX issues, and some people will have to wait a little bit,” Hoskinson revealed.
Meanwhile, the Midnight Foundation team, alongside Charles Hoskinson, has pinpointed the actual cause of the problem. It stems from Ledger’s approach to implementing the CIP-8 message signing protocol. However, the Cardano team is rolling out a creative workaround to allow eligible users to successfully claim their NIGHT tokens.
Midnight Airdrop Details
The Midnight Airdrop is already live with the Glacier Drop. With over 11,000 participants, its initial phase is running for a full two months until October 4 at 1:00 PM (UTC). This exciting launch invites crypto enthusiasts to participate in a unique token distribution event.
Following its conclusion, the next phase will begin, spanning 30 days. Interestingly, participants can earn NIGHT tokens by tackling computational challenges.
Meanwhile, a third stage, known as Lost-and-Found, will open post-Midnight mainnet launch, offering eligible Glacier Drop participants a chance to claim a portion of their original allocation.
This phase will remain active for more than four years, ensuring ample opportunity for claims. The team will redirect any unclaimed tokens after this period to the Midnight treasury for future use.
Furthermore, users can start claiming their NIGHT allocations, although the tokens won’t be fully accessible right away. Instead, they will be released gradually to the designated addresses over a 12-month redemption window.
This staged unlock process aims to stabilize the token’s market entry and encourage sustained engagement. With these phases, Midnight seeks to broaden its community while fostering a secure and innovative blockchain ecosystem.
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