CRYPTO SLATE - Ben Arc, co-founder of Nostr, has put the Nostr.com domain up for sale at $5M until Sep 20. If unsold, it will come under the management of LNbits Inc. for 3 years. In the event of a sale, 10% of the proceeds will go to the co-founder of Nostr, Fiatjaf, and another 10% to support LNbits development. LNbits Inc. may utilize the domain for Lightning wallet services if it remains unsold, emphasizing the importance of finding the right buyer or project.
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Nostr.com Domain on Sale for $5M, Potential for Lightning Wallet Services
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Primal Secures $1M Funding for Bitcoin-Infused Nostr Apps
FORBES - Primal, a startup dedicated to developing bitcoin-infused Nostr applications, has secured $1M in funding from Ten31 and Hivemind Ventures. Nostr-based social apps offer a decentralized and censorship-resistant environment, allowing users to own their identities and seamlessly move across different apps.
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Former Twitter CEO Jack Dorsey Gives Nostr 14 BTC in Funding
FORBES INDIA - The former CEO of Twitter, Jack Dorsey, has donated ~14 BTC, worth ~$245K, to fund the development of Nostr (stands for Notes and Other Stuff Transmitted by Relays). Nostr aims to create a censorship-resistant global social network and is an open protocol built using self-owned accounts that can create decentralised social networks The Nostr social network is somewhat similar to Twitter.
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Nostr: a Decentralised Twitter Alternative
INDIAN EXPRESS - Nostr takes another stab at a decentralized social network after Mastodon. There are two components at play on Nostr: clients and relays. Each user runs a client, while anyone can run a relay. Clients can publish data on any relays and fetch data from other relays. Nostr sets out to solve the same Twitter problems that Mastodon did, such as ads, spam, and an addictive algorithm. Nostr also goes big on the principles of "free speech."
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