Cardano Founder Reveals Official Launch Date for Midnight’s NIGHT Token

TheCryptoBasic
ADA-3,72%
NIGHT-3,34%
XRP-3,39%
ETH-3,2%

Charles Hoskinson, the founder of Cardano, has announced the official distribution and trading date for NIGHT, the native token of Cardano’s privacy-focused sidechain, Midnight

NIGHT Token Distribution

The announcement comes a few months after the Glacier Drop’s launch. This airdrop was open to 34 million users across eight blockchains, including Cardano, XRP Ledger, Ethereum, Solana, and Bitcoin, to claim a share of the NIGHT token. Eligibility was based on users holding $100 worth of their native assets at the time of the snapshot.

While claims opened on August 5, the actual NIGHT token distribution will begin on December 8, just weeks from now. Once distribution starts, trading will go live immediately on multiple exchanges

For context, eligible beneficiaries will only receive a portion of their claimed NIGHT tokens on December 8, 2025. The remainder will be distributed gradually over the next 12 months in four equal 25% tranches, unlocked every 90 days to promote long-term network engagement

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments