Key Takeaways
- Miden is a zero-knowledge (ZK) proof-based blockchain spun out from Polygon Labs, designed to enable scalable, privacy-preserving applications by executing transactions on user devices (edge devices), aiming to rival high-performance blockchains while maintaining decentralization and confidentiality.
- Miden raised $25 million in a seed round led by a16z crypto, 1kx, and Hack VC, with participation from Finality Capital Partners, Symbolic Capital, and angel investors like Rune Christensen and Sreeram Kannan, to fund mainnet launch, ecosystem expansion, and developer tooling.
- Currently in its final alpha testnet phase, Miden supports early developers through the Miden Pioneer Program, with a mainnet launch planned for Q4 2025.
Disclaimer: Crypto airdrops are promotional events where tokens are distributed to existing holders of a cryptocurrency or to individuals who meet certain criteria. While airdrops can be a way to acquire tokens at no cost, they also involve risks. There’s no guarantee that the airdropped tokens will increase in value, and there may be associated fees or requirements. Additionally, airdrops can be susceptible to scams and phishing attempts. Always exercise caution and verify the legitimacy of any airdrop opportunity before participating.
What Is Miden?
Miden is a blockchain project focused on privacy and scalability, leveraging zero-knowledge (ZK) proof technology to enable fast, confidential transactions, particularly for institutional use cases.
Originally incubated by Polygon Labs in 2021, the project spun out as an independent entity to develop its “Edge Blockchain,” a ZK-rollup solution on Ethereum that shifts computation and data storage to client-side devices (like phones or laptops). This approach aims to enhance performance, privacy, and scalability while maintaining decentralization and regulatory compliance.
Notably, Miden’s architecture supports hybrid public-private transactions, making it appealing for applications like asset management, over-the-counter trading, and large-scale financial operations for institutions, governments, and nation-states.
How To Qualify For An Airdrop?
On April 29th, 2025, Miden announced a $25 million seed funding round to accelerate its development, ecosystem expansion, and developer tooling, with a mainnet launch planned for Q4 2025.
To join:
👉 STEP 1: Install the Miden Wallet on your browser extension here.
Create your wallet afterwards.
👉 STEP 2: Head to https://miden.leo.app/faucet, connect your Miden Wallet, and create a faucet.
👉 STEP 3: Copy your Miden wallet address and click “Mint Public Note.”
👉 STEP 4: Confirm the transaction.
👉 STEP 5: Wait for the transaction to generate, and the tab will automatically close.
👉 STEP 6: With your newly minted tokens, send them to any wallet or even your own.
Take note that in the Faucet ID field, input the ID of your previously created faucet. After typing all of the details, click “Submit” and confirm the transaction.
👉 STEP 7: Keep an eye on official announcements and hope for the best!
Final Thoughts
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