Charles Hoskinson of Ada wants Cryptos’s tribal warfare to end, and he is willing to drop tokens at 37 million portfolios in eight different block chains to make peace.
“Every consensus, there is a new token … Running around and saying,” My thing is better than your thing, “said Hoskinson on stage at Consensus 2025 in Toronto. “The Nash Equilibria is competitive, not cooperative.”
With the help of the upcoming AirDrop of Midnight, called Glacier Drop, for the privacy-oriented Sidechain of Cardano, currently under construction, Hoskinson thinks he can bring his bit to the crypto-galaxy.
Glacier Drop was first plagued at the end of 2024, Hoskinson revealed important new details during his speech on Consensus 2025, including the extensive Multi-Chain approach from Midnight.
Hoskinson confirmed that midnight tokens, both the Night Governance token and the Dust privacy-oriented transaction smoke, are distributed among around 37 million users in eight large block chains.
Unlike typical token lancs, the tokens of Midnight will be completely distributed under the retail community without allocation to venture capitalists or early insiders, Hoskinson said.
The founder of Cardano said on the podium that he turned daring capital interest in the token launch of Midnight and said he “had no time for your ponzi” and said they had to “get hell out”, instead chose to give the tokens away in what he threw as a principle, VC-free airdrop.
Recipients from midnight to the coming glacier fall can freely store, exchange or throw away, Hoskinson explained, a deviation from traditional crypto -Airdrops who usually reward insiders or early adopters.
“You already have it, congratulations,” said Hoskinson. “It’s yours. It is your property. “
Glacier Drop emphasizes Hoskinson’s vision of ‘cooperative economy’, another core concept that was introduced during his speech.
The new Economic Model of Midnight will enable developers of different blockchain networks to build up hybrid decentralized applications seamlessly, allowing users to pay costs in their native tokens.
Ethereum -Developers pay at ETH, Solana -developers in Sol and Bitcoin developers in BTC, explained Hoskinson.
Validators in different chains can work together and earn rewards, regardless of their blockchain affiliation.
Midnight is currently in TestNet, with a Mainstet launch expected at the end of 2025.
Hoskinson sees the glacier fall, cooperative economy and rational privacy as essential ingredients for the welcome of billions of regular users who were expected, because large technology companies finally enter crypto.
“This is the project that I now have the most fun,” said Hoskinson, “because it is the project where I become friends with everyone.”