Midnight is still in the phase where developers can try it out on the dev-net. The community is asking what the relationship between Midnight and Cardano will be. We don’t have enough information at the moment, but some things can be guessed.
This article was prepared by Cardanians with support from Cexplorer.
Read the article: https://cexplorer.io/article/what-will-midnight-be-for-cardano
charles has said that midnight will get it’s security from cardano, already confirmed that it will leverage cardano stake pool infrastructure
but if midnight wants to launch in a decentralised and secure state that’s only part of it - imho the project will also need to take advantage of cardanos token distribution
if you have a token sale there it’s never going to match cardanos security based on token distribution
so i wonder, how will midnight launch? will there be a token sale - or will the genesis block be a copy of the cardano ledger state plus additional $dust for future development, rewards and sustainabiliity
of course - if this was IOHKs the intended route they wouldn’t want to announce this until midnight is launched as to not dramatically impact the market