Cardano Founder Teases Imminent Midnight Launch

TLDR

  • Charles Hoskinson hinted at the upcoming launch of Midnight with a cryptic post on X.
  • He inquired about readiness for Midnight and shared a space-themed music video.
  • The post garnered over 40,000 views and more than 1,500 likes within hours.
  • Midnight is set to launch as a Cardano partner chain, focusing on programmable privacy.
  • Hoskinson had previously revealed a $200 million investment in the Midnight project.

(SeaPRwire) –   Cardano founder Charles Hoskinson has indicated that the launch of Midnight is approaching through a brief message on X. He posed the question, “Who’s ready for Midnight?” and accompanied the post with a space-themed music video. The message quickly gained traction as the community reacted to the anticipated mainnet debut later this month.

Hoskinson Signals Midnight Mainnet Timeline

Hoskinson addressed his over one million followers with a direct question regarding Midnight. He wrote, “Who’s ready for Midnight?” keeping the message concise and clear. He shared a cover of “Ground Control to Major Tom” performed by Chris Hadfield in space.

The video featured Hadfield singing aboard the International Space Station in 2013. The song choice evoked themes of exploration and transition, leading followers to connect the reference to Midnight’s forthcoming network launch.

Input Output Global echoed the sentiment, expressing readiness for the rollout. Community members responded within hours, propelling the post to over 40,000 views. The tweet also received more than 1,500 likes during the same period.

Hoskinson has supported Midnight as a privacy-centric blockchain developed by Input Output Global. He previously disclosed a $200 million investment in the project. Consequently, the recent post has reignited focus on the mainnet launch timeline.

Midnight is planned to operate as a partner chain to Cardano. The network aims to provide programmable privacy utilizing zero-knowledge proofs. Simultaneously, the project asserts its commitment to supporting regulatory compliance standards.

NIGHT Token Activity and Ecosystem Growth

The Midnight ecosystem has expanded its partnerships in anticipation of the mainnet release. Google has established connections with the project as it builds infrastructure support. The Midnight Foundation also added Bullish Exchange and Worldpay as federated node operators.

Bullish and Worldpay will be instrumental in securing and operating network nodes. These additions follow earlier partnership announcements related to the platform. As a result, the project has continued to broaden its roster of enterprise participants.

The native token, NIGHT, is already trading on major cryptocurrency exchanges. Over the past 24 hours, NIGHT saw a 5.34% increase, reaching $0.04687. Its market capitalization currently stands near $778 million.

NIGHT’s market cap surpassed $1 billion shortly after its December debut. Since then, the valuation has decreased from its earlier peak. Nevertheless, trading activity has persisted as the network approaches its launch.

Midnight positions itself as a privacy-focused blockchain within the Cardano ecosystem. The project integrates zero-knowledge proofs for confidential smart contracts. Hoskinson’s recent post aligns with expectations that the mainnet will launch later this month.

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