Cardano Midnight: NIGHT Token Airdrop Confirmed for July

Cardano's Midnight network is generating buzz with the upcoming NIGHT token airdrop, scheduled for July. As reported by CryptoBasic, the distribution details have been clarified following the release of the Midnight whitepaper. Eligibility for the NIGHT airdrop was determined based on holdings as of June 11th (UTC). Individuals holding at least $100 worth of native tokens across eight major networks – XRP Ledger, Bitcoin, Solana, Cardano, Avalanche, BNB Chain, Ethereum, and Basic Attention Token (BAT) – qualify. A substantial 50% of the total NIGHT supply, amounting to 24 billion tokens, is earmarked for ADA holders. This reflects Cardano's commitment to its community. Midnight, Cardano's sidechain, focuses on privacy solutions. It will feature two distinct tokens: NIGHT, a governance token, and DUST, designed for confidential transactions. The airdrop marks a significant step towards the launch of the Midnight network and its innovative approach to blockchain privacy. Keep an eye out for official announcements regarding the airdrop claim process in July. ```