Just a week after starting the billing phase for an unprecedented glacial drop, the Midnight Network surpassed its historic milestone. With 51,266 wallets participating in eight major blockchain ecosystems, 4.21% of the $supply total has already been secured by eligible users, marking the largest glacial drop in history.
This achievement highlights the appeal of a radically fair midnight multiphase distribution model designed to promote comprehensive access and reward long-term engagement.
“A billion-dollar night is on the way. Midnight was built to solve blockchain’s toughest challenges, combining compliant privacy with open, programmable access.” “This milestone proves there is a strong demand for technologies that can meet real-world needs without sacrificing equity or decentralization. As we look forward to the launch of the mainnet, this achievement reinforces our belief that Midnight can redefine the way the industry approaches privacy, distribution and long-term sustainability.”
Claims Phase: A Record-breaking Start
The billing phase, which began on August 5, 2025, is open for 60 days, allowing wallets from snapshots taken on June 11, 2025. He holds at least $100 worth of native tokens worth in Bitcoin, Ethereum, Cardano, Vinance Chain, Brave, Ripple, or Avalanche.
A record-breaking pace of participation strengthens midnight commitment to reasonable privacy. Users selectively share information while meeting standards of compliance, transparency and decentralization.
Following the billing stage, the glacier drops are:
Scavenger Mine (30 days) – Open to those who are not eligible during the billing stage, and participants can earn $Night that is not billed through calculation work on the chain.
Lost (4 years) – After the release of the mainnet, allow for late billing from the original eligible wallet.
It claims that once the mainnet is released, all tokens will enter a redemption period. Unleashed with four random “thawing” events over 360 days to mitigate supply shocks and promote sustained participation.
“The drop of a glacier is broadcasting that midnight is privacy. It’s a principle evolution,” Syed added. “To reach this scale proves this very quickly. This proves that fairness and inclusion resonate with the blockchain community.”
Around midnight tge
Midnight TGE is a token generation entity responsible for initial distribution of $Night to network participants. Established to support the launch and decentralization of the Midnight Ecosystem, the entity ensures that tokens are allocated according to the project’s token schedule and distribution schedule.
More details: https:// Midnighttge
Midnight Foundation
The Midnight Foundation is an organization dedicated to developing, adopting, and promoting real-world impact on the Midnight Network, a privacy-enhancing blockchain developed with Shield Technology. Designed for smart contracts that enable privacy, Midnight leverages zero knowledge proof and cooperative toconamis architecture – $night as a governance token and dust as a utility resource – Achieve reasonable privacy, security and decentralization. Details: https://midnight.foundation
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