The highly anticipated NIGHT token distribution has officially begun, with claim phase one – dubbed the “Glacier Drop” – now live via the official GlacierDrop portal.
This marks the first step in Midnight’s rollout of its native utility token and a new chapter for Cardano’s privacy-focused sidechain project.
Early participants can now connect their wallets and claim NIGHT tokens through a simple four-step process designed to bridge Web2 familiarity with Web3 security.
Users start by selecting their origin and destination addresses, agreeing to the terms, and signing the claim to complete the process. The user experience has been streamlined to ensure smooth onboarding for both crypto veterans and newcomers
A countdown on the site reveals that this first phase will run for just over 59 days before transitioning into the next round of claims, called “Scavenger Mine.” Once both phases conclude, the “Redemption” period will activate, allowing users to unlock and redeem their allocations as they thaw.
For those unfamiliar with the NIGHT token distribution or the Glacier Drop process, the platform provides helpful resources, including tutorials on how to claim and detailed FAQs. The official Midnight site, midnight.gd, offers even more insight into the project’s broader goals, which center around bringing data protection, smart contracts, and regulated anonymity to the blockchain space.
The GlacierDrop portal also features an introductory video outlining the NIGHT token’s role in powering Midnight’s private smart contract ecosystem.
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Source: https://coindoo.com/midnight-best-airdrop-of-the-year-is-here-you-can-now-claim-your-tokens/