According to Gate News bot and CoinDesk, Midnight Network has released its tokenomics paper and announced its "Glacier Drop" airdrop mechanism ahead of the distribution of the NIGHT native token starting next month. Midnight Network is a blockchain project focused on privacy protection, utilizing zero-knowledge smart contracts. The project states that the "Glacier Drop" is a novel process that will allocate all NIGHT tokens to users across eight major blockchain ecosystems, rolled out in three phases. These tokens will be issued on the Bitcoin, Ethereum, Cardano, Solana, Brave, Ripple, and Avalanche platforms.

Walter, the head of the Korean market for Sahara AI, will attend the "Seoul Meta Night" event held in Seoul on June 26. Sahara AI is the first full-stack AI Blockchain platform, committed to making AI more accessible and equitable, and provides services such as data services, developer platform, and Decentralization marketplace.

Cherry Hsu, the Chief Business Officer of MemeCore, will be a speaker at the "Seoul Meta Night" event in Seoul, South Korea on June 26. MemeCore is a Layer 1 Blockchain designed specifically for Meme 2.0, aiming to transform meme Tokens into the core driving force of culture and community collaboration.

ChainCatcher news: RootData and Memecore will participate in an offline event themed "Seoul Meta Night" in Seoul, South Korea, on June 26 from 19:00 to 22:00 (GMT+9). As a high-end social event carefully crafted by RootData, Seoul Meta Night is not just a simple After.

BlockBeats news, on June 18, mining equipment supplier ElphaPex will collaborate with Jsbit Mining to hold the 2025 Global Sales Gala in Hong Kong on June 27. At that time, the industry's leading energy efficiency ratio product DG 2+ will officially announce its global price, and experts on PoW Mining trends will also be present to share cutting-edge insights and market trends.

Gate.io News

Charles Hoskinson, the founder of Cardano, announced the details of the Glacier Drop Airdrop plan for the privacy sidechain Midnight at the Consensus 2025 conference. The plan will airdrop NIGHT governance tokens and DUST shielded transaction tokens to approximately 37 million users across 8 major Blockchains, targeting only retail investors and not reserved for venture capital firms. The project is currently in the Testnet phase and plans to launch the Mainnet by the end of 2025.

According to the Gate.io News bot and CoinDesk, at the Consensus 2025 conference, Cardano founder Charles Hoskinson announced the "Glacier Drop" airdrop plan for the privacy sidechain project Midnight. The plan will distribute NIGHT and DUST tokens to 37 million users across 8 mainstream public chains and explicitly states that no allocations will be made to venture capital firms. Hoskinson introduced the "Collaborative Economics" model at the conference, which allows users to make payments using cross-chain assets such as ETH and SOL, and participate in validation revenue sharing. The Midnight testnet is already up and running, with the mainnet planned to officially launch by the end of 2025.

PANews May 15 news, according to CoinDesk, Cardano founder Charles Hoskinson announced the details of the "Glacier Drop" Airdrop plan for the privacy sidechain Midnight at the Consensus 2025 conference. The plan will distribute the governance token NIGHT and the privacy token DUST to 37 million users across 8 mainstream public chains, explicitly excluding shares for venture capital institutions, with all tokens directed to ordinary users. Hoskinson also proposed a "cooperative economics" model, allowing developers to use native tokens such as ETH and SOL to pay for cross-chain application fees, and validators can also collaborate across chains to earn revenue. The Midnight Testnet has been launched, with the Mainnet expected to start at the end of 2025. This Airdrop is seen as a strategic move to alleviate industry fragmentation and respond to the entry of tech giants.

The game development company Midnight Society closed due to financial difficulties and internal turmoil. The company initially planned to release the blockchain game Deadrop in 2025, but insufficient funds and layoffs led to the termination of this plan. Co-founder Dr. Disrespect resigned after allegations of misconduct, forcing the company to announce its closure.