The Midnight (NIGHT) airdrop by Cardano's Glacier Drop distributed 24 billion tokens to holders across eight blockchains. Eligibility required $100 in crypto on June 11, 2025. Claiming ended October 4, 2025. Tokens unlock over 360 days after mainnet launch.
Glacier Drop: What It Is and Why Most Crypto Airdrops Like It Fail
When you hear Glacier Drop, a crypto airdrop that vanished without trace, often linked to fake tokens and zero trading volume, you’re not hearing about a groundbreaking project—you’re hearing about a warning sign. Crypto airdrop, a free token distribution meant to build community or launch a new coin sounds like free money. But in reality, most airdrops like Glacier Drop are just noise. They’re designed to collect wallet addresses, inflate fake social media numbers, and disappear before anyone can cash in. The token? Worthless. The team? Anonymous. The website? Gone. And the people who fell for it? Left with nothing but a ledger entry that won’t trade.
Glacier Drop isn’t unique. It’s one of hundreds that follow the same script: a flashy name, a vague whitepaper, a CoinMarketCap listing that never updates, and a promise of future value that never arrives. Look at the posts here—BNU airdrop, a token from ByteNext that gave out 25 tokens to 1,000 people and then crashed to $0, or LNR Lunar airdrop, a giveaway of just 140 NFTs that had no follow-up or utility. These aren’t mistakes. They’re patterns. The same people who promoted Glacier Drop are running the next one under a new name. And the same wallets that claimed BNU or LNR are now being targeted again. The real problem isn’t that these airdrops exist—it’s that people keep believing the hype. Why? Because they’re told, "This time it’s different." But the math never changes. If a token has zero trading volume, no team, and no real use case, it’s not an investment. It’s a digital ghost.
What separates a real airdrop from a scam? Transparency. Real ones come from projects with live platforms, active users, and public roadmaps. The SAND airdrop, from The Sandbox metaverse, required users to complete real in-platform tasks to qualify. That’s a giveaway with teeth. Glacier Drop? No tasks. No deadlines. No official website after the first week. If you’re being asked to connect your wallet just to "claim" something with no clear next step, you’re not getting free crypto—you’re giving away access to your funds. The only thing you should ever connect your wallet to is a verified contract you can audit. And if you can’t find a single credible review, a single real user, or a single update in six months? Walk away.
Below, you’ll find real breakdowns of failed airdrops, scam exchanges, and tokens that promised everything and delivered nothing. No fluff. No hype. Just facts. If you’ve ever wondered why your wallet is empty after chasing a "free" token, the answers are here.