Cardano Founder Teases Free NFT Trades in Midnight Upgrade

Written By:
Iyiola Adrian

Reviewed By:
Kritika Mehta

Cardano Founder Teases Free Nft Trades In Midnight Upgrade

Speaking in a recent interview, Charles Hoskinson, co-founder of Cardano shared that Cardano’s upcoming Midnight sidechain could let users make free transactions through NFTs. According to him, these NFTs would act as access passes, letting holders perform a set number of free transactions each day. Hoskinson compared the idea to the way Web2 platforms offer free accounts and services.

Hoskinson Hints At Free Transactions Via Nft Access.
Hoskinson hints at free transactions via NFT access. | Source: X

Instead of paying fees with ADA, users could hold a special NFT that allows daily transactions without spending any tokens. If implemented, this could attract more users who are used to free Web2 services. 

Meanwhile, Midnight has been seeing active development since announced. The launch date has not been announced yet, but the protocol is already seeing interest through hackathons, and engagement from the community. 

The Midnight is generally designed to bring privacy and regulatory compliance together with the help of advanced tools like zero-knowledge proofs and smart contracts.

Between December and January, a Midnight community survey showed that 12% of participants identified as blockchain developers. A further 39% described themselves as “seasoned pros,” while 46% considered themselves “somewhat experienced.” Only 15% said they were still learning, according to the recent Midnight’s “State of the Network” report from March 2025. 

Meanwhile, Cardano (ADA) is surging fast, now trading for $0.82. This is a 4.51% jump record in the last 24 hours with a 32% increase in trading volume over the same period, according to CoinMarketCap.

Also Read: Peter Schiff Warns Strategy of Huge Loss Amid $1.34B Bitcoin Buy



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Iyiola is an experienced crypto writer specializing in simplifying complex blockchain and cryptocurrency topics for a broad audience. With expertise in ICOs, DeFi, NFTs, and regulatory updates, he offers valuable insights to help readers make informed decisions. He is proficient in SEO optimization.
Kritika brings over three years of experience in financial journalism, with a strong focus on blockchain and cryptocurrency. As a Sub Editor at The Crypto Times, she demonstrates a sharp grasp of crypto market dynamics. Beyond the newsroom, Kritika has a deep love for music.