In an announcement for Midnight, Cardano’s founder Charles Hoskinson was explaining how Midnight upgrade will help facilitate NFT transactions without any processing fees. At its core, the upgrade intends to combine privacy and regulatory compliance through sophisticated technology such as zero-knowledge proofs and smart contracts. Midnight has been continuously and vigorously developed since announced.
Midnight’s NFT access will let holders perform a limited number of fee-less transactions per day. Hoskinson took this approach and compared it to the business model used by Web2 platforms.
Web2 platforms offer free accounts and services - Charles Hoskinson
A Midnight community survey, detailed in the recent "State of the Network" report from March 2025, provides insights into the platform's user base. The same survey suggested that the share of respondents who consider themselves blockchain developers ticked up to 12% from December to January.
The survey gave us a window into the experience levels of the Midnight community. 46% of participants considered themselves
somewhat experienced - Midnight’s “State of the Network” report
39% described themselves as
seasoned pros - Midnight’s “State of the Network” report
Only 15% indicated they were still in the learning phase.
