11,000 Wallets Claim Over 250 Million NIGHT Tokens in Cardano Airdrop
Cardano's Midnight Network launched the NIGHT token airdrop on August 5, attracting significant participation. Key details include:
- Over 11,000 wallets claimed more than 250 million NIGHT tokens within hours.
- The Midnight claim portal now supports wallets from multiple blockchains including Cardano, Bitcoin, Ethereum, and others.
- A total of 33.6 million wallets are eligible for the airdrop.
Phased Airdrop Mechanics and Cross-Chain Eligibility
- 50% of the 24 billion NIGHT tokens are allocated to Cardano users, with other networks included.
- The first phase lasts 60 days, followed by a second phase called Scavenger Mine for earning unclaimed tokens.
- A “Lost-and-Found” stage will occur post-mainnet for late claims on a fraction of the allocation.
Ledger Wallet Glitch Hampers Some Cardano Users
- Issues reported by ADA holders using Ledger wallets during the claim process.
- Problem attributed to Ledger’s firmware limitations on message signing.
- Cardano developers are working on a workaround; users advised to retry at the end of the month.
$71M Upgrade Fails to Lift ADA Price
- Despite a $71 million network upgrade aimed at improving performance, ADA's price remains around $0.72, reflecting a 2.92% drop in the last 24 hours.