Glacier Drop Launches 60-Day Claim Period for 24 Billion Tokens

Generated by AI AgentCoin World
Thursday, Aug 7, 2025 5:29 am ET1min read
Aime RobotAime Summary

- Glacier Drop launches 60-day claim period for 24 billion $NIGHT tokens across 8 major blockchains, prioritizing fair distribution based on prior activity over first-come models.

- Supported by Midnight Foundation and figures like Charles Hoskinson, the initiative targets 33 million eligible wallets across Bitcoin, Ethereum, Cardano, and other ecosystems.

- Compliance measures require clean addresses for claims, while hardware wallet fixes near deployment aim to resolve access issues for Ledger users.

- Over 150 million tokens claimed in initial hours highlight momentum, positioning the drop as a model for equitable crypto distribution and user empowerment.

Glacier Drop has initiated a 60-day claim period for eligible users across eight major blockchain ecosystems. Qualified wallets can now begin claiming their allocated $NIGHT tokens, marking the launch of a unique and fair distribution of 24 billion tokens. The initiative aims to empower a broad spectrum of crypto users by providing access to the tokens based on prior blockchain activity, rather than favoring insiders or implementing a first-come, first-served model [1].

The GlacierGBCI-- Drop is a core component of the Midnight Network's vision to advance privacy, security, and user empowerment in the blockchain space. Backed by the Midnight Foundation and prominent figures such as Charles Hoskinson and Eran Barak, the distribution spans ecosystems including Bitcoin, Ethereum, Cardano, Solana, Avalanche, XRP, BNB, and Brave [1]. Analysts estimate that more than 33 million wallets are eligible, ensuring wide participation.

Eligible users have a fixed allocation and can claim their tokens at their convenience on the official Midnight platform within the 60-day window. To ensure compliance and safety, participants must provide a new, clean address for the claim process. This measure aligns with international sanctions and regulatory requirements, reducing the risk of delivery issues caused by tainted addresses [1].

For users encountering issues with hardware wallets, such as Ledger, a software fix is currently undergoing audit and is expected to be deployed by late August. The official FAQ section also provides alternative wallet options to assist with the claiming process [1].

The launch has already generated significant momentum, with over 150 million tokens claimed in the first few hours. The initiative not only offers token distribution but also introduces a new approach to fairness and collaboration in the crypto space. It emphasizes user inclusion and transparency, offering a model that could influence future token distribution strategies [1].

The Glacier Drop represents more than just an airdrop—it is a step toward building a blockchain future where privacy and accessibility are foundational. Whether users are active in Cardano, Ethereum, or exploring Web3 for the first time, they have an opportunity to engage with a movement that prioritizes fairness and innovation.

Source:

[1] title: Glacier Drop Launches 60-Day Claim Period

url: https://coinmarketcap.com/community/articles/68946e99b84edf711c3cad58/

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