Charles Hoskinson Ends Cryptocurrency Race
At the Consensus 2025 event in Toronto, Charles Hoskinson, the founder of Cardano, announced new details about Glacier Drop, a massive airdrop for Midnight, Cardano's privacy-focused sidechain. This airdrop targets 37 million wallets across 8 blockchains for their native currencies, including BTC, ETH, ADA, XRP, SOL, BSC, AVAX, and POL, distributing NIGHT or DUST. Carrying a strong message of unity and collaboration within the cryptocurrency community, Midnight is set to launch its mainnet by the end of 2025.
Prioritized Principles
Unlike most other airdrops, Glacier Drop is not aimed at venture capital funds. Hoskinson clearly stated that no investment companies will participate. The entire supply is reserved for ordinary users, encouraging them to freely hold, trade, or ignore the Tokens. Midnight's tokens, including NIGHT and DUST, are only given to retail users. This is part of Hoskinson's principled approach, prioritizing the broader cryptocurrency community.
Collaboration Instead of Competition
Midnight is not just focused on privacy. It introduces a new economic model that allows developers from different blockchain ecosystems to build and interact without needing to convert Tokens. Developers can pay network fees with native Tokens like ETH, SOL, or BTC, while validators from any chain can receive rewards. This model encourages collaboration among ecosystems.
Airdrop Accompanied by Message
Hoskinson dismissed interest from VCs, rejecting hype and the quick-money mindset. For him, this Token line is about principles, giving to the community rather than insiders. Midnight is still in the testnet phase, with the mainnet expected to launch by late 2025, but the message is clear: stop tribalism, start building together.
"This is the project I feel happiest about," he said. "A place where I can make friends with everyone."
Source: https://tintucbitcoin.com/midnight-airdrop-37-trillion-wallets-excluding-venture-capitalists/
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