Midnight Airdrop, a distribution of the 24 billion NIGHT tokens, is among the most anticipated crypto events this August. The connection with Cardano has increased its demand, especially as the founder, Charles Hoskinson, is quite vocal about it. However, the launch or the distribution date of the airdrop is still a mystery and will be revealed at the upcoming Rare Evo event, starting August 6. As a result, the attendees would be among the first to gain this information. Let’s discuss how you can join this event for first-hand information.
Midnight Airdrop Hype and Tokenomics Explained
Midnight, a privacy-focused sidechain built on the Cardano blockchain, will distribute 24 billion tokens soon. The launch date is yet to be determined, but the Midnight airdrop snapshot and allocation are already out. According to this, ADA holders will receive 50% of the NIGHT supply, and BTC holders will receive 20%. The last 30% is for the remaining crypto investors.
Notably, the 2.2 million XRP wallet will receive 1.2 billion tokens, adding more to its hype. More importantly, it is considered one of the biggest crypto airdrops this year, with 37 million wallets being eligible.
#Cardano fam, exciting news about the @MidnightNtwrk glacier airdrop.
For $ADA holders 50% supply, 12 billion $NIGHT has been allocated to approx 1 Million Cardano wallets that meet the eligibility.
The conversion rate is 1 ADA = 0.34 Night.
This is one of many future Cardano… https://t.co/t8siZ9LjGt pic.twitter.com/nGrerOKCiH
— Chris O 🌎 Cardano DRep (@TheOCcryptobro) August 1, 2025
Again, the launch date and claim window are yet to be finalized, but once it’s launched, investors will have 60 days to claim the free NIGHT tokens.
Cardano Founder to Announce Midnight Airdrop Date at Rare Evo
According to the latest Midnight airdrop update, the Cardano founder will reveal the date at the Rare Evo event. Notably, it is a multi-chain Web3 convention, inviting blockchain communities, developers, investors, and more to collaborate, discuss, and reveal new projects and technologies to the crypto space.
Really enjoyed this conversation with @IOHK_Charles
We covered a lot: politics, psychedelics, his bison + black hawk, his alien search, Japan’s influence on Cardano, personal security, and of course…
Why he believes ADA is a better investment than BTC.pic.twitter.com/rB26dLLVpP
— Yano 🟪 (@JasonYanowitz) July 28, 2025
The event is set to begin on August 6 and will run till August 10 at Caesars Palace Las Vegas. Many keynote speakers, including the Cardano founder, will join, adding to the excitement. More importantly, the NIGHT airdrop launch date announcement is adding further significance to this event.
How to Attend Rare Evo?
Rare Evo is just days away and requires interested participants to buy tickets to join. There are three kinds of passes, with their distinct benefits and features. It includes the GA ticket, which costs $350 and grants general admission/ registration and non-reserved GA stage seating for the event.
Next is VIP ticket, costing $1200 for exclusive VIP entry, breakfast and lunch on Friday and Saturday, priority access to VIP lounge, workshop, and even merchandise bags. Lastly, there is $10,000 Whale Pass, which includes all VIP benefits, a 4-night stay in a Caesars Palace Suite, and much more. Notably, there’s a 5% discount if these tickets are bought with crypto.
- Source: Rare Evo Crypto Event
Individuals can visit the official website to access these tickets. Add them to the cart, and check out by completing the given steps, including payments. This way, the individual can gain access to this event and even get first-hand information on the Midnight airdrop launch date.
Frequently Asked Questions (FAQs)
A total of 24 billion NIGHT will be distributed, with 50% allocated to ADA holders, 20% to BTC holders, and the rest to others.
The individual needs to purchase Rare Evo event tickets ranging from $350 GA to $10,000 Whale Pass.
Once the airdrops go live, investors will have 60 days to claim their tokens.
Pooja Khardia
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section.
Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights.
Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry.
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