Cardano’s Hoskinson Defends Midnight Token Airdrop, Emphasizes Retail Focus

Charles Hoskinson, founder of Cardano, has publicly denied rumors of hoarding surrounding the recent launch of the ‘Midnight’ token airdrop. The event saw 250 million NIGHT tokens distributed to users across major blockchain networks like ADA and BTC in a record-breaking 24-hour period. This move excluded institutional investors, focusing on retail participation to foster greater transparency and fairness in cryptocurrency distribution.