Igniting the Lightning: A Recap of NostrAssets 2023’s Electrifying Journey

Nostr Assets Protocol
4 min readDec 31, 2023

As we bid farewell to 2023, it’s time to reflect on the electrifying journey we’ve embarked on with our community over the past months. The milestones achieved, the challenges faced, and the anticipation of what lies ahead are all part of this remarkable expedition.

Building for the Moment: The Birth of NostrAssets

NostrAssets hit the ground running, launching our mainnet just 12 days after Lightning Labs officially released Taproot Assets. This achievement stands as a testament to the extensive research and tireless efforts undertaken by our team months in advance.

Our unwavering faith in the potential of Taproot Assets, the Lightning Network, and the Nostr Protocol propelled us to go all in on developing this groundbreaking endeavor.

The crypto community embraced our presence, with our Lightning node capacity facilitating over 120 Bitcoins, representing 2% of the total Bitcoins supplied on the public network.

Over 8,000 new users are brought into both the Lightning Network and Nostr on the very first day. Our social media presence also thrived, with 50,000+ Twitter followers and 14,000+ Telegram members becoming part of the NostrAssets family.

To date, we have witnessed substantial growth, boasting over 1,025+ Bitcoins in total deposits, and recorded an astounding transaction volume of 1,002.33 Bitcoins on our marketplace.

The Rise of a Lightning Era

In less than two months since our launch on October 30, 2023, we have spearheaded a paradigm shift within the Lightning Network. Transforming microtransactions into substantial financial operations, our average deposit amount reached 493 USDT.

Our commitment to building a seamless decentralized trading infrastructure led us to establish our own Lightning Network Daemon (LND), securing private channels with OKX, Binance, and Wallet of Satoshi.

This achievement empowers our community with the advantage of zero-fee instant deposits and withdrawals to NostrAssets — an enhancement we are confident will resonate with their preferences and expectations.

The introduction of Lightning Starter Fair Mint also showcased our dedication to fairness and transparency. The maiden fair mint of $NOSTR witnessed impressive participation from 26,000 npub addresses, achieving an 89.3% $TRICK/TREAT lock-up rate.

The design of the Fair Mint, though unconventional to some, has earned substantial positive feedback from participants, underscoring the consensus that our approach to fairness is both recognized and endorsed.

Empowered by the Wolf Accelerator: Paving the Future in 2024

In addition, Our team successfully participated in the prestigious Wolf Accelerator, an 8-week program focused on Lightning technology, powered by Stone Ridge and NYDIG. This experience provided invaluable connections and insights into Bitcoin, Lightning, Taproot, and more.

The impact has been transformative, strengthening our confidence in the ongoing development of the NostrAssets protocol.

Looking ahead to 2024, we are gearing up to launch a financing round, with a primary focus on team expansion and advancing the development of the NostrAssets protocol.

Onwards to 2024: Charting the Course to a Multi-Trillion-Dollar Decentralized App Frontier

NostrAssets at its core, is a simple to develop and powerful protocol that enables a decentralized trading infrastructure. The protocol prioritizes speed, transparency, and user-friendliness, promising a seamless and secure trading experience.

Additionally, our analytics integration will empower users with dynamic price charts and advanced analytical tools, facilitating informed decision-making.

Increasing Support for the Lightning & Nostr Ecosystems

As we step into the promising year of 2024, NostrAssets is actively seeking visionary builders to join our journey.

Whether you are a skilled game developer/publisher, a pioneering mind in social protocol development, or an expert in AI/ML, we invite you to be a part of our collaborative ecosystem. Together, let’s shape the future of blockchain technology and refine possibilities. Connect with us here: https://linky.quest/builders.

Also, our team expansion plans include welcoming Lightning Network engineers and business developers.

Building the Trustless Future Together

We appreciate our community’s continued support and enthusiasm. December brings the Fair Mint of $NOSTR to the forefront, offering a glimpse of the eventful month ahead.

Stay tuned for the exciting developments we have planned for 2024 in terms of product features.

A massive shoutout to our incredible partners: Lightning Lab, Alby, Voltage, Binance, OKX, OKX Web3, TP Wallet, OneKey, Slowmist. Your unwavering support has been the wind beneath our wings. Here’s to an amazing journey together — thank you for helping us reach new heights!

Last but not least, a big heartfelt thank you to our community. Thank you for being an integral part of our journey! Together, we will continue to build a trustless future!

Official Links

Website: nostrassets.com
Mainnet: mainnet.nostrassets.com
Gitbook: doc.nostrassets.com
Github: github.com/nostrassets/interface#readme

Twitter: twitter.com/nostrassets
Medium: nostrassets.medium.com
Telegram: t.me/nostrassets

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Nostr Assets Protocol

⚡️LightningFi on Nostr - Send, Receive & Trade Taproot Assets & Bitcoin