HomeCrypto NewsMarketCardano Founder Welcomes as Midnight Set to Launch on Binance Alpha

Cardano Founder Welcomes as Midnight Set to Launch on Binance Alpha

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Cardano founder Charles Hoskinson has shared a cryptic message in his welcome post as Binance Wallet announces Midnight (NIGHT).

Hoskinson could not hold back, sharing what came out as a cryptic clip in addition to a congratulatory message. The post welcomed Binance to the Midnight ecosystem, as the leading trading platform joins the growing list of exchanges supporting the NIGHT token.

“Big Things Have Small Beginnings”

Notably, Hoskinson attached a GIF presenting a clip from Prometheus in which actor Michael Fassbender starred as “David.” In the scene, he used a popular quote, “Big things have small beginnings.” 

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Hoskinson used the clip, likely to illustrate how Midnight is slowly gaining industry recognition. Given the liquidity on Binance, crypto enthusiasts view a potential listing on the exchange as the pinnacle of exposure an asset can achieve. 

The potential listing of NIGHT, the native token of privacy-focused Midnight, on its market debut, would be the first for any Cardano-native token and represents traction.

Midnight on Binance Alpha

Notably, Hokinson’s post was a reaction to an announcement by Binance Wallet concerning Midnight. The account tweeted that Binance Alpha will be the first platform to feature the NIGHT tokens on December 9.

For the uninitiated, the Binance Alpha is a platform within Binance Wallet that gives users access to cryptocurrencies before they are listed on the exchange. It serves as a pre-listing pool, offering customers an avenue to trade promising tokens before possible listing. 

It is worth noting that a listing on Binance Alpha does not necessarily imply a spot or futures listing on Binance. Several tokens have launched on the Alpha platform, but Binance ultimately did not add support for them on the main exchange.

Notably, Binance Wallet will airdrop NIGHT tokens to eligible Binance Alpha traders based on accrued points earned from using the platform.

Other Prominent Exchanges to List NIGHT

Interestingly, other platforms have announced that they would be adding support for NIGHT on the same day. Exchanges like Bybit, OKX, HTX, and Gate.io will list the token on December 9th by 10:00 (UTC).

Meanwhile, the Glacier Drop distribution event would take place the next day, with eligible claimants receiving 25% of their allocated tokens. The Midnight team would distribute the other 75% over three phases over the next 12 months.

Notably, Hoskinson has been very vocal about the giant strides Midnight has made, once noting that its success means he is not a liability to Cardano’s growth. In October, he called the privacy-focused chain the most transformational project in Cardano’s history.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Elendu Benedict
Elendu Benedict
Elendu Benedict is a refined cryptocurrency writer with over two years of experience in the field. With a thorough understanding of blockchain technology, cryptocurrencies, and market trends, as well as proficiency with ETFs, DeFi, and Web3, he specializes in writing engaging and educational articles on a variety of crypto-related subjects.

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