1 year ago
On Sept. 5, Ben Arc, the cofounder of Nostr, announced connected X (formerly Twitter) that the Nostr.com domain is presently disposable for $5 million. Arc wrote:
“N o s t r dot com for sale! $5m, connection ends 20th Sept, astatine which constituent it volition travel nether the umbrella/management of LNbits Inc for 3 years.”
As per Arc’s statement, the connection stands until Sept. 20. If it remains unsold, it volition autumn nether the absorption of LNbits Inc. for 3 years.
Should the domain beryllium sold, Arc has pledged to allocate 10% of the proceeds to Fiatjaf, the different cofounder of Nostr, and different 10% to enactment LNbits development.
Explaining his rationale for for the connection contempt his adjacent attachment to the domain, Arc said helium had pressing “needs” to meet. He disclosed that helium acquired the domain 3 years agone for $5,000; since then, its worth has surged implicit a thousandfold.
He besides mentioned that LNbits volition utilize the website for services specified arsenic relays and NIP05 grip income if helium doesn’t merchantability it earlier the deadline. LNbits is a escaped and open-source Lightning wallet and accounts system.
Nostr has go rather fashionable wrong the crypto assemblage arsenic a decentralized protocol designed to guarantee a censorship-resistant “social” network.
Last year, Nostr caught the oculus of erstwhile Twitter CEO Jack Dorsey, who donated 14 BTC to it. Since then, the protocol has experienced singular growth.
A societal web called Damus, which operates connected this protocol, launched a mobile exertion disposable connected some the App Store and Google Play. It witnessed a surge successful its idiosyncratic basal earlier its sudden removal from Apple’s App Store.
The station Nostr domain connected merchantability for $5 million, whitethorn big Lightning wallet services if unsold appeared archetypal connected CryptoSlate.
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