Midnight Airdrop Launch Date to Be Revealed at Rare Evo Event This August

• Charles Hoskinson will announce the Midnight airdrop launch date at Rare Evo from August 6-10 in Las Vegas. 

• The distribution includes 24 billion NIGHT tokens across 37 million eligible wallets, with ADA holders receiving 50% of the supply. 

• Token holders will have 60 days to claim their free NIGHT tokens once the distribution begins.

The highly anticipated Midnight airdrop distribution is set to become one of the largest cryptocurrency events of 2025. Charles Hoskinson, founder of Cardano, will announce the official launch date during the upcoming Rare Evo convention in Las Vegas.

Midnight represents a privacy-focused sidechain built on the Cardano blockchain infrastructure. The project plans to distribute 24 billion NIGHT tokens across eligible wallet holders worldwide.

Massive Token Distribution Targets 37 Million Wallets

The Midnight airdrop allocation follows a structured distribution model across multiple cryptocurrency communities. ADA holders will receive 50% of the NIGHT token supply, equivalent to 12 billion tokens distributed among approximately one million eligible Cardano wallets.

Bitcoin holders secure 20% of the distribution, while the remaining 30% targets other cryptocurrency investors. The conversion rate is 1 ADA, which equals 0.34 NIGHT tokens for qualifying participants.

Notable allocations include 1.2 billion tokens designated for a single 2.2 million XRP wallet, highlighting the scale of this distribution event. The project has identified 37 million eligible wallets across various blockchain networks.

Token holders will have a 60-day claiming window once the official distribution begins. The snapshot for eligible wallets has already been completed, though specific claiming procedures remain undisclosed.

Rare Evo Convention Becomes Center Stage for Announcement

Rare Evo, a multi-chain Web3 convention, will host the official Midnight airdrop announcement from August 6-10 at Caesars Palace Las Vegas. The event brings blockchain developers, investors, and community members together for collaboration and project reveals.

Hoskinson’s keynote presentation will include the long-awaited launch date, making attendance valuable for early access to critical information. The convention features multiple speakers from leading blockchain projects and cryptocurrency organizations.

Three ticket tiers provide different access levels to the event. General admission passes cost $350 and include basic entry with non-reserved seating. VIP tickets priced at $1,200 offer exclusive entry, meals, priority lounge access, and merchandise packages.

The premium Whale Pass, available for $10,000, includes all VIP benefits plus a four-night stay in a Caesars Palace suite with exclusive perks. Participants receive a 5% discount when purchasing tickets with cryptocurrency payments.

The Midnight project’s connection to Cardano has generated significant community interest, particularly given Hoskinson’s active promotion of the privacy-focused sidechain technology. The announcement’s timing coincides with increased institutional adoption of blockchain privacy solutions.

Market analysts consider the Midnight airdrop among the year’s most significant token distribution events by volume and participant count. The multi-blockchain approach targets diverse cryptocurrency communities beyond traditional single-chain airdrops.