Nostr Founder Claims NOSTR Token is a Scam Nostr Assets Team Issues Urgent Statement to Clarify

Article:
Sharon, in the BlockBeats, Content Directory:
Nostr Protocol Founder Speaks for the First Time, Calling Nostr Assets Token “100% Fraudulent”
Nostr Assets: We are a Custodial Solution, Not to be Misunderstood as Fraud
$NOSTR is about to launch, the website has been shut down for maintenance several times before
Nostr Assets Protocol Controversy Resurfaces.
On the evening of December 3, the founder of the Nostr Protocol, Fiatjaf (@fiatjaf), posted a dynamic message in Chinese on social media, stating: “Nostr Assets Protocol is a fully custodial service using the Nostr name, which is a form of affinity scam. Nostr Assets Protocol has no connection to the Nostr Protocol itself, only borrowing the name Nostr.”
This public statement has once again brought Nostr Assets Protocol to the attention of the cryptocurrency community.
Nostr Protocol Founder Speaks for the First Time: Nostr Assets Token “100% Fraudulent”
According to BlockBeats observations, this is the first time Fiatjaf has spoken out about the Nostr Assets Protocol incident.
In this public statement, Fiatjaf also warned people not to recharge any sats to the Nostr Assets Protocol platform:
In fact, the Nostr Protocol originated in 2019. On November 20, 2019, Fiatjaf began developing the Nostr Protocol, aiming to create a simple, open, globally supported, decentralized, and censorship-resistant social protocol.
That day he wrote on his blog:
Related reading: “Nostr founder claims Lightning Network is a scam, what happened to the Lightning Network?”
The Nostr Assets Protocol project, according to its official introduction, is a “LightningFi on Nostr” that can help users “send, receive, and trade Taproot Assets and BTC.” This project only opened its official Twitter account in April of this year.
At first glance, there is indeed a certain degree of connection between the two, as explained in the official statement released by Nostr Assets Protocol early this morning.
Nostr Assets: We are a Custodial Solution, Not to be Misunderstood as Fraud
In the clarification statement released by Nostr Assets Protocol early this morning, three key points were highlighted.
First, Nostr Assets Protocol stated that its primary goal in building the Nostr Assets ecosystem is to “enable builders to establish use cases on the Lightning Network and Nostr,” and Fiatjaf’s “fraud” accusations lack basis because Nostr Assets Protocol is a “custodial solution” and should not be misunderstood as fraud.
“Many L wallets (including Satoshi wallets) provide users with custodial wallets to take advantage of the Lightning Network, which is crucial for providing users with excellent UIUX.”
Secondly, Nostr Assets Protocol also pointed out that $NOSTR has no connection to the core developers of Nostr, and that Nostr Assets Protocol “utilized Nostr, Taproot Assets, and Lightning in its construction, making it related to Nostr.”
Finally, Nostr Assets Protocol also expressed hope to establish a cooperative relationship with the Nostr team:
$NOSTR is about to launch, the website has been shut down for maintenance several times before
BlockBeats observed that Nostr Assets Protocol’s Fair Mint from November to December may have major news in the next two weeks, and some crypto community KOLs have begun to promote tutorials.
It may be that as $NOSTR gradually heats up in the community, the founder of the Nostr Protocol’s accusations of “fraud” against the Nostr Assets Protocol have attracted widespread attention in the community.
However, before this, Nostr Assets Protocol has caused community debates on its team background and project reliability due to multiple website shutdowns for maintenance.
On November 7, on the day of announcing the launch of Taproot Assets issuance and Fair Mint, Nostr Assets Protocol announced on its social platform that the website was temporarily closed for maintenance due to load reasons.
And from November 13-16, Nostr Assets Protocol announced the shutdown of the website for maintenance three times, sparking community controversy, believing that there are issues with the Nostr Assets Protocol project.
Related reading: “Nostr Assets resumes BTC deposits, multiple shutdowns for maintenance spark controversy”
BlockBeats will continue to monitor the dispute between the founder of the Nostr Protocol and Nostr Assets Protocol.
This article is authorized for reprint by BlockBeats.