TechFlow reports that the Lightning Network Nostr Assets Protocol has announced a Fair-Mint event, introducing an innovative Lightning Starter designed to ensure a fair and transparent minting experience for Taproot assets.
$NOSTR will be fully tradable on the market with no lock-up period, and the NostrAssets team will not engage in any operations related to this asset.
Regarding distribution: 5% will go to the NostrAssets team, 5% to core developers of the Nostr protocol, and the remaining 90% will be distributed to the community via Fair-Mint.
The total supply of $NOSTR is 21 million tokens. At least 15,000 participants will have the chance to become winners. The total rewards for this fair mint amount to 18 million $NOSTR: 2,160 tokens for the first 5,000 winners, 1,080 tokens for positions 5,001 to 10,000, and 540 tokens for the final 5,000 winners.
The event begins on December 11, 2023, and consists of three phases: Phase One is participation, lasting three days; Phase Two involves the lottery draw, followed by Phase Three, reward redemption—the specific dates for which will be announced later.
