• Charles Hoskinson is scheduled to broadcast to 37 million customers throughout eight blockchains.
• Airdrop excludes enterprise capitalists and insiders that target retail customers.
• This initiative promotes privateness, fairness and cross-chain interoperability.

Cardano co-founder Charles Hoskinson has introduced what known as the “largest airdrop ever,” which distributes tokens to 37 million blockchain addresses. He repeated the announcement when he appeared at Consensus 2025 in Toronto, and defined it additional throughout Paris Blockchain Week.

Named Glacier Drop, this airdrop is designed to mark the launch of Cardano’s privacy-focused sidechain, Midnight. Two completely different native tokens might be distributed all through this occasion. It is a token that acts as a governance token and is used for shielded personal transactions in midnight networks.

Glacier Drop: The impression of retail-centered airdrop shimmering VCs

What units this airdrop aside is the exclusion of enterprise capitalists and early insiders. In contrast to conventional token launches that prioritize institutional traders, Hoskinson’s plans will assign tokens solely to retail customers.

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“That is our place on the dynamics of VC Ponge,” Hoskinson mentioned. He emphasised that recipients can maintain, promote or discard tokens with out restrictions.

Cross-Chain Airdrop Attain customers with Bitcoin, Ethereum, XRP, and extra

Airdrops span eight blockchains: Cardano, Bitcoin, Ethereum, XRP ledger, Solana, Avalanche, BNB chain, and Bat.

This is applicable to holders of property on these networks, together with XRP holders. The transfer additional confirms the advanced relationship between the XRP and Cardano communities. Ripple featured Cardano in a latest promotional video, exhibiting the shift in direction of blockchain unification.

Privateness and ease of use on the midnight core

Midnight introduces a brand new idea often known as chain abstraction. This enables customers to work together with the platform utilizing present property comparable to BTC, ETH, ADA, XRP, and many others. with out changing tokens.

Builders who construct it in the midst of the night time will pay utilizing the chain’s native token. For instance, Ethereum builders can use ETH, whereas Solana builders can use SOL.

The undertaking additionally helps the participation of multi-chain validators, permitting supported blockchain node operators to guard their networks and earn rewards.

Hoskinson sees this as an vital step in direction of ending crypto tribalism and selling collaboration. “Yearly on the consensus, somebody screams, ‘My chain is healthier than you,” he mentioned. “That is about altering that mentality. It is about constructing a bridge, not a wall.”

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Particularly, Midnight’s mainnet might be launched by the second half of 2025. Hoskinson considers Midnight to be the fourth technology of Crypto and prioritizes privateness. Earlier generations centered on decentralization, good contracts, and interoperability. This shifts the main target to safe and compliant information processing.

Total, Charles Hoskinson believes that the glacial drop marks a crucial midnight launch in Cardano, in addition to helps to advertise broader collaboration throughout various blockchain ecosystems and transfer the complete crypto trade past its historic rivals.