Charles Hoskinson, a prominent figure in the blockchain industry, made a significant announcement at Consensus 2025 regarding an upcoming project called Midnight. This project includes a rollout and a Glacier Airdrop.
Glacier Airdrop Details
- The Glacier Airdrop will be distributed to 37 million wallets across eight different blockchains.
- Notably, this distribution excludes venture capitalists.
- Hoskinson plans to personally finance the project using his own funds, avoiding the need for venture capital or an initial coin offering (ICO). This approach allows him to maintain control over the project without external influence.
Goals of Midnight
Hoskinson emphasized that the goal of Midnight is not to attract new users but to increase participation from existing developers across various ecosystems. He stated:
"If you are an Ether user or developer, you spent Ether for that transaction."
He further explained that the same concept applies to users of Solana with SOL.
Economic Model
Midnight’s economic model is designed to be flexible and adaptable, enabling developers from different ecosystems, including Ethereum and Solana, to participate in its growth. Hoskinson remarked:
"We want people who have been working on their respective chains for years… We don’t need new users; we just need more users of our chain."
Conclusion
The announcements at Consensus 2025 were particularly notable as they marked Charles Hoskinson’s return to public speaking after nearly two years away due to health issues related to a COVID-19 infection in December 2022.
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