Midnight Network, a privacy-focused sidechain in the Cardano ecosystem, has initiated its first token distribution phase for NIGHT, targeting users across eight major blockchains to reframe cross-chain value allocation.
Dubbed the “Glacier Drop,” the airdrop is live as of Wednesday and available to wallets that held at least $100 in native tokens on Bitcoin, Ethereum, Solana, BNB Chain, Cardano, Avalanche, XRP Ledger, or Brave as of a June 11 snapshot.
Cardano holders are receiving the bulk of the NIGHT airdrop, with 50% of total supply allocated to ADA wallets. Bitcoin
Unlike typical airdrops, NIGHT tokens won’t be tradable immediately. Instead, after Midnight mainnet goes live, tokens will unlock over four randomized events within a 360-day window, aiming to prevent speculative dumping and enforce staggered engagement.
The drop is structured in three phases:
- Claim Phase – current 60-day window
- Scavenger Mine – a 30-day post-claim period rewarding on-chain engagement for unclaimed NIGHT
- Lost-and-Found – a four-year window for late claims after launch
Midnight positions itself as a zero-knowledge smart contract network with selective disclosure, blending privacy and transparency in regulated use cases.
The NIGHT rollout marks a rare coordinated, non-EVM-native airdrop targeting multiple Layer 1 ecosystems, and could shape future distribution mechanics for privacy-focused chains.
coindesk.com