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Hoskinson Says Midnight Will Debut as Largest Cardano Native Token
Input | Output CEO and founder Charles Hoskinson confirmed that Midnight will be instrumental in propelling Cardano to the next level
Following the launch of Midnight’s Glacier Drop portal, Hoskinson has expressed his enthusiasm about the privacy blockchain
In Hoskinson’s view, this anticipated adoption could drive NIGHT’s trading volume and visibility more than other Cardano Native Tokens. By extension, that level of activity could showcase Cardano’s security, scalability, and performance under enormous demands
Team is Excited About Midnight
Furthermore, Hoskinson noted that the team’s excitement hinges on the fact that Midnight will not only build the Cardano ecosystem but live on the platform
When a project like Midnight succeeds, it captures the attention of users and developers who might also be interested in the project’s base network, Cardano
For context, Hoskinson has been heavily involved with the Midnight project since its introduction in November 2022. The project has been under development ever since. Nonetheless, Midnight has attracted strong institutional attention, with Hoskinson disclosing its partnership with over 100 ventures
In the meantime, the Midnight Foundation has yet to announce the official date for its mainnet launch. Despite this, the project has made significant progress towards its launch, including opening the Glacier Drop claim portal, allowing eligible users across eight blockchains to claim their NIGHT tokens
Over 23K Users Claim 470M NIGHT
The number of claims recorded so far is significantly lower than the nearly 34 million wallets eligible for the airdrop. This low participation likely stems from the issues Trezor and Ledger users are encountering when trying to claim their tokens
The Midnight Foundation team is currently working on a fix to address the issue before the Glacier Drop portal closes on October 4, 2025