11,000 Wallets Grab NIGHT Tokens in Cardano | Crypto News
Cardano’s Midnight Network has launched its extremely anticipated NIGHT token airdrop, and the crypto neighborhood responded in full power. Within hours of the August 5 launch of the “Glacier Drop” section, over 11,000 wallets across eight major blockchains claimed more than 250 million NIGHT tokens.
The Midnight declare portal, now live, helps wallets from Cardano, Bitcoin, Ethereum, XRP, Solana, BNB, Avalanche, and Brave’s BAT. In complete, 33.6 million wallets are eligible to take part in this multi-phase distribution.
Phased Airdrop Mechanics and Cross-Chain Eligibility
While Cardano customers will obtain the most important share, 50% of the whole 24 billion NIGHT tokens, holders from other networks are also included in the drop. The declare course of is designed to be honest and non-custodial, requiring customers to confirm eligibility and signal a transaction.
This first section will stay open for 60 days, adopted by a second section (Scavenger Mine) where customers can earn unclaimed tokens through on-chain computational duties. A 3rd “Lost-and-Found” stage will start post-mainnet and enable late claims for a restricted fraction of the unique allocation.
Ledger Wallet Glitch Hampers Some Cardano Users
Despite the thrill, not all the things has gone easily. Many ADA holders utilizing Ledger {hardware} wallets reported points when making an attempt to declare NIGHT tokens.
According to Cardano founder Charles Hoskinson, the issue lies with Ledger’s firmware, which at present helps message signing of only 31 bytes, far short of the 251 bytes needed for the Glacier Drop.
Cardano builders are actively working on a workaround, urging affected customers to attempt again later in the month. “If you are one of the impacted people, then come back towards the end of the month and try again,” Hoskinson suggested on X.
$71M Upgrade Fails to Lift ADA Price
Surprisingly, the airdrop’s momentum comes at a time when Cardano’s $71 million community improve has underwhelmed the market. Designed to improve good contract efficiency and scalability, the update has barely moved ADA’s price, which hovers around $0.72, a 2.92% drop in the last 24 hours.
Cover image from ChatGPT, ADAUSD chart from Tradingview
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