Ada’s Charles Hoskinson wants Crypto’s tribal war to end, and he is prepared to drop tokens on 37 million wallets across eight different blockchains to make peace.
“Every consensus that is a new token … runs around and says, ‘My thing is better than your thing,'” Hoskinson said on stage in Consensus 2025 in Toronto. “The Nash Equestrians are competitive, not cooperative.”
Using Midnight’s upcoming AirDrop, called Glacier Drop, to Cardano’s privacy -focused side button currently under construction, Hoskinson believes he can do his part to bring peace to Crypto Galaxy.
Glacier Drop was only teased in late 2024, Hoskinson revealed central new details during his speech in Consensus 2025, including Midnight’s expansive multi-chain approach.
Hoskinson confirmed that Midnight tokens, both the Night Governance token and the dust-fed-focused transaction token, will be distributed to approx. 37 million users across eight large blockchains.
Unlike typical token launches, Midnight’s tokens will be distributed entirely to the retail community with zero distribution to venture capitalists or early insiders, Hoskinson said.
The Cardano founder said on stage that he dismissed venture capital interest in Midnight’s token launch and said he had “no F-ing time for your ponzi” and asked them to “get hell out” and instead choose to give tokens away in what he struck as a principle, VC-free air drop.
Recipients of midnight -Tokens from the upcoming glacier drop can freely retain, trade or discard them, explained Hoskinson, a departure from traditional crypto -airdrops that typically reward insiders or early adoptors solely.
“You already have it, congratulations,” Hoskinson said. “It’s yours. It’s your property.”
Glacier Drop emphasizes Hoskinson’s vision of “cooperative economy”, another core concept introduced during his speech.
Midnight’s new economic model will enable developers from various blockchain networks to seamlessly build hybrid decentralized applications so users can pay fees in their original tokens.
Ethereum developers pay in ETH, Solana developers in Sun and Bitcoin developers in BTC, Hoskinson explained.
Validators across different chains can, in collaboration, maintain the network and earn rewards regardless of their blockchain attachment.
Midnight is currently in the test network, with a mainnet launch expected at the end of 2025.
Hoskinson sees the glacier drop, cooperative economy and rational privacy as essential ingredients to welcome billions of mainstream users who are expected when large tech companies finally enter crypto.
“This is the project that I have the most fun right now,” Hoskinson said, “because it’s the project where I become friends with everyone.”
