The Good Tech Companies - Midnight Network Launches Claim Phase of Glacier Drop: A New Standard in Fair Token Distribution

Episode Date: August 8, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/midnight-network-launches-claim-phase-of-glacier-drop-a-new-standard-in-fair-token-distribution. Midnight launches Glacier Drop Claim Phase, letting eligible wallets across 8 blockchains claim $NIGHT tokens in a fair 60-day distribution. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #glacier-drop, #midnight-network, #$night-token, #blockchain-airdrop, #privacy-blockchain, #token-distribution, #web3-privacy, #good-company, and more. This story was written by: @iohk. Learn more about this writer by checking @iohk's about page, and for more stories, please visit hackernoon.com. Midnight has opened the 60-day Claim Phase of its Glacier Drop, allowing eligible wallets from eight blockchains to claim $NIGHT tokens. The initiative, part of a fair multi-phase distribution model, promotes privacy, decentralization, and long-term engagement. Claimed tokens will unlock gradually after mainnet launch via four random “thaw” events.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Midnight Network launches claim phase of Glacier Drop, a new standard in fair token distribution. By I.O.HK. Eligible wallets across eight ecosystems can now begin claiming their dollar night tokens during the 60-day claim phase of the Glacier Drop August 5th, 2025, London. 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 Dollar 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 Dollar Night's distribution to eligible users across eight major blockchain ecosystems. While it's eligible to claim Dollar Night in this phase were recorded in a snapshot, Takanon June 11, 2025. Any wallet holding at least $100 USD worth of native tokens on one or more of the supported blockchains, Bitcoin, Ethereum, Kerdana, 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 TGEE. the entity responsible for the dollar-night token rollout in line with the network's decentralization 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 Fami 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 Web 3, 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 claim their allocation by visiting midnight.g.D. Connecting a qualifying wallet following the secure, non-custodial claim process. Once Maynett goes live, claimed tokens will enter the redemption period, a structured mechanism that

unlocks Dollar Night in four random, thaw events across a 360-day period, intended to prevent supply shocks and reward-committed participants. What comes next following the claim phase, two additional stages of the Glacier Drop will expand access. Scavenger Mine, 30 Days, opens the door to those not eligible in the claim phase by allowing participants to complete on-chain computational work for unclaimed tokens. Lost and found, four years, enables late claims from original eligible wallets after Mainet launch. Each phase is designed to reinforce rational privacy, decentralization, and real world utility. These are core tenets of the Midnight Network.

The glacier drop is to airdrops what midnight is to privacy. A principal devolution, added Syed. With this launch, we're challenging outdated models and building something that's not only technically innovative but more equitable to. And, about Midnight TGE, Midnight TGE is a token generating entity responsible for the initial distribution of Dollar Night to network participants. Established to support the launch and decentralization of the midnight ecosystem, the entity ensures token share allocated in accordance with the project.

projects, toconomics and distribution schedule. For more information, visit HTTtpS colon slash midnightjabout Midnight Foundation. The Midnight Foundation is an organization dedicated to advancing the development, adoption, and real-world impact of the Midnight Network, the privacy-enhancing blockchain project developed in conjunction with shielded technologies. Designed for privacy-enabling smart contracts, Midnight encourages developers to consider the power of building compliant applications with selective disclosures. It leverages zero knowledge proofs and a cooperative to conomics architecture, with Dollar Night as the utility token and dust as the utility resource, to deliver a powerful combination of rational privacy, security, and decentralization. For more information,

visit https colon slash midnight.com. Thank you for listening to this hackernoon story, read by artificial intelligence. Visit hackernoon.com to read, write, learn and publish.