title: Charles Hoskinson Reveals Glacier Drop Airdrop of Midnight Network Tokens

Charles Hoskinson, Cardano's founder, revealed new information on the upcoming Glacier Drop airdrop at Consensus 2025 in Toronto.

Charles Hoskinson, the founder of Cardano, revealed new information on the upcoming Glacier Drop airdrop at Consensus 2025 in Toronto. The project will distribute Midnight tokens to 37 million wallets across eight different blockchains.

Glacier Drop: A Multi-Chain Token Giveaway

According to a post on X by BSCNews, Hoskinson confirmed that the Glacier Drop will deliver two types of Midnight tokens: the NIGHT governance token and the DUST privacy-focused transaction token. These tokens will be spread to users across eight major blockchains.

Unlike traditional token launches, this airdrop will not allocate any tokens to venture capitalists or early insiders. Instead, it targets retail users exclusively.

Those who do not want the tokens can get rid of them without any constraints. This stands in contrast to usual airdrops which only incentivize insiders or the aboriginal supporters.

"The token holders already have it and it’s their personal possession. We are not trying to take anything from them. We are trying to give to them," said Hoskinson.

The retail focus in the distribution of the Glacier Drop points towards Hoskinson’s vision of 'distribution' in the world of crypto.

Cooperative Economics, Cross-Chain Collaboration and Project Vision

Glacier Drop accompanies Midnight’s economic model, which supports cross-chain cooperation. Developers can build hybrid decentralized applications while paying transaction fees in their native blockchain tokens. For example, Ethereum developers pay fees in ETH, Solana developers in SOL, and Bitcoin developers in BTC. In this model, the network is upheld by the validators in different blockchains in a cooperative way. Validators get rewards no matter to which blockchain they belong, thus encouraging cooperation rather than competition.

Midnight is currently operating in testnet, with a mainnet launch anticipated by late 2025. Hoskinson described the project as vital for supporting billions of mainstream users expected as Big Tech companies enter the crypto space. The Glacier Drop, cooperative economics, and privacy-focused features are designed to create a unified crypto environment.

"We need to stop the tribal warfare in the industry and create harmony across blockchain networks," added Hoskinson.

In Consensus 2025, Hoskinson also condemned the competitiveness between the blockchain projects. He was clear to note that new tokens usually boast of superiority whereby division instead of collaboration follows. The Glacier Drop is an effort to oppose this trend and promote the joint development and joint prosperity in ecosystems.