Midnight, a data protection blockchain platform, witnessed surged market interest this week, followed by the founder Charles Hoskinson’s announcement of prominent developments at the Consensus Hong Kong conference.
The announcement includes the scheduled mainnet rollout of the project in late March and partnerships comprising Google and Telegram. The remarks of the founder underline the evolution of Midnight toward a selective disclosure privacy layer for blockchain applications, balancing secrecy with real-world compliance.
Hoskinson has stated that, “We have some great partnerships to help us run it, and Google is one of them; Telegram is another. We are really excited that there is more that will come.
However, neither Google nor Telegram has officially accepted the deal; Hoskinson has stated that they are among the partners aiding support for the launch and infrastructure of Midnight. The announcement also rolled out the Midnight City Simulation, a testing platform aimed to stress-test network proof generation with AI agents well before mainnet.
The native token of Midnight, NIGHT, has replied positively to the news and is exchanging hands at around $0.048-$0.051 at the time of writing with modest short-term gains. As per the live price data, the token is up around 3-4% in the last 24 hours, representing renewed investor appetite after the collaboration and mainnet timeline revelation.
The complete mainnet launch of Midnight, anticipated in March as a Cardano (ADA) partner chain having zero-knowledge proofs and “rational privacy” features, is now the upcoming major catalyst for the global market.
Hoskinson has also clarified that Midnight will not chase direct onboarding of legacy privacy coin communities, like Monero, but rather aim for wider user adoption. In the question and answer session at Consensus Hong Kong on February 11, he mentioned that “you don’t try to get anybody from Monero or ZCash over.”
Highlighted Crypto News Today:
Uniswap (UNI) Volume Soars 500%, Will the Recent Spike Turn Into a Breakout?
Also read: Varntix Unveils $100m Fixed-Income Note as Crypto Investors Seek Stability
