The post Midnight Network Launches Claim Phase of Glacier Drop: A New Standard in Fair Token Distribution appeared on BitcoinEthereumNews.com.

The Midnight Tokenomics Paper, released earlier this summer, laid out the economic framework and vision for Midnight, a fourth generation blockchain redefining on-chain privacy. introduced $NIGHT, the network’s governance and ownership token, and Glacial Drop,  a radically fair, multi-phase token distribution model designed to promote inclusive access. That vision enters its next stage today with the launch of the Claim Phase of Glacier Drop,  marking the beginning of $NIGHT’s distribution to eligible users across eight major blockchain ecosystems. Wallets eligible to claim $NIGHT in this phase were recorded in a snapshot taken on June 11, 2025. Any wallet holding at least $100 USD worth of native tokens on one or more of the supported blockchains—Bitcoin, Ethereum, Cardano, Solana, Binance Chain, Brave, Ripple, and Avalanche—can now connect and claim their allocation via the official Midnight Glacier Drop claim portal. The Claim Phase will remain open for 60 days, providing a wide window for participation. The Glacier Drop is being administered by Midnight TGE, the entity responsible for the $NIGHT token rollout in line with the network’s decentralisation mandate. This launch marks a major milestone in making the Midnight ecosystem accessible, equitable, and community-owned from day one. “The launch of Claim Phase reflects our belief that blockchain infrastructure should be open, fair, and inclusive,” said Fahmi Syed, President of the Midnight Foundation, the organization dedicated to advancing the development, adoption, and real-world impact of the Midnight network. “This airdrop is a rethink of how value and access can be distributed across chains, communities, and use cases and is designed to resist manipulation and encourage long-term engagement. It’s also a critical step toward bringing rational privacy to Web3, an approach that  empowers users to selectively share information while meeting the requirements for compliance, transparency and decentralization.” Claiming Process and Redemption Period Participants can…

---

Filed under: News - @ August 5, 2025 8:20 pm