NIGHTMidnight (NIGHT) Price

1.Project introduction

Midnight is an advanced blockchain built within the Cardano ecosystem that focuses on data protection and rational privacy. It uses zero-knowledge utilities to enable programmable privacy in smart contracts while balancing transparency via selective disclosure. It introduces the NIGHT token to power transaction capacity (DUST), governance, and ecosystem incentives. The network leverages Cardano's proof-of-stake security and offers a cooperative tokenomics model with a fair, multi-phase airdrop distribution called Glacier Drop aimed at broad community participation. It emphasizes developer accessibility and regulatory compliance.

2.Team introduction

Sebastien Guillemot - CTO

Jason Schober - Head of Digital Mktg

Fahmi Syed - President

3.Token application and distribution

Token application

The NIGHT token is the native utility token of the Midnight network, with a total supply of 24 billion. It generates DUST, a shielded resource used for powering transactions and smart contract execution. NIGHT holders receive block production rewards, participate in decentralized governance, and benefit from ecosystem incentives funded by the on-chain Treasury.

Token distribution

The total supply of 24 billion NIGHT tokens is distributed exclusively through a multi-phase airdrop called Glacier Drop, which includes: Phase 1 (Glacier Drop Claim) open to Web3 users from eight eligible ecosystems based on on-chain snapshots; Phase 2 (Scavenger Mine) rewarding community engagement; and Phase 3 (Lost & Found) for late claims.

Distribution allocation: 50% to Cardano participants, 20% to Bitcoin participants, and 30% distributed among six other ecosystems proportionally.