- The release of NIGHT token economics and Glacier Airdrop triggers market anticipation.
- Airdrop spans eight blockchain ecosystems.
- Four-year claim period for original recipients.
The Midnight Network has publicly released its NIGHT token economics and announced a “Glacier Airdrop” mechanism set to begin next month. This rollout affects major blockchain ecosystems including Bitcoin and Ethereum.
The announcement underscores the project’s ambition to shape token distribution across eight blockchain ecosystems, engaging up to 37 million wallets. The “Glacier Drop” will feature a three-phase airdrop and a four-year recovery option for initial claimants.
Midnight’s Glacier Airdrop Targets 37 Million Wallets
The Midnight Network released its white paper on NIGHT token economics, detailing a token distribution strategy across eight blockchain platforms, among which are Bitcoin and Ethereum. Eligible wallets, holding a minimum of $100 in native cryptocurrencies, can participate.
The tokenomics plan introduces a 60-day open claim period where eligible wallets can claim their tokens. Further, unclaimed tokens enter a 30-day phase where participants perform computational tasks. A four-year period allows late claimants to retrieve some tokens after the mainnet’s debut.
Charles Hoskinson, founder of Cardano, highlighted the NIGHT token’s potential reach of 37 million wallets, marking a significant scaling in the blockchain sector. Community reaction has been mixed, with some praising the phased approach aimed at preventing speculative dumps.
“Airdrop could reach as many as 37 million users,” described at Consensus 2025 in May, pointing to a record-breaking cross-ecosystem airdrop in both scale and technical sophistication.
NIGHT Tokenomics Strategy Sets New Standards
Did you know? The Midnight Network’s phased airdrop plan contrasts with Uniswap’s previous airdrop, which faced challenges due to surge in bot activity and immediate sell-offs.
CoinMarketCap attributes a fluctuation in the cryptocurrency market to Midnight Network’s strategic token rollout. Despite a zero current market price and cap, the NIGHT token’s max supply stands at 3 billion, indicating potential for future market impact following significant trading volumes.
The Coincu research team highlights the airdrop’s design, focusing on technological outcomes. The plan’s incorporation of programmable privacy features allows more robust data sharing controls. Historical trends and public blockchain adoption patterns suggest potential broad adoption, contingent on technical execution and regulatory climate.
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Source: https://coincu.com/344855-midnight-network-night-token-economics/