Hoskinson Says Midnight Will Debut as Largest #Cardano Native Token.
Input | Output CEO and founder Charles Hoskinson confirmed that Midnight will be instrumental in propelling Cardano to the next level.
Following the launch of Midnight’s Glacier Drop portal, Hoskinson has expressed his enthusiasm about the privacy blockchain.
During a recent livestream, he highlighted the importance of building projects like Midnight to help elevate Cardano to the next level.
He reiterated that Midnight will launch on the Cardano network. At launch, Hoskinson expects Midnight’s utility token, NIGHT, to become the largest, most traded, and highest volume Cardano native token (CNT).
According to Midnight’s whitepaper, NIGHT has a total supply of 24 billion tokens. Given its distribution model—which involves allocating 100% of its supply to users of eight blockchain ecosystems—NIGHT is poised to attract adoption beyond the Cardano community.
In Hoskinson’s view, this anticipated adoption could drive NIGHT’s trading volume and visibility more than other Cardano Native Tokens. By extension, that level of activity could showcase Cardano’s security, scalability, and performance under enormous demands.
