 | Lightstreams (PHT)ICO Lightstreams aims to solves the problem of data storage when sharing content on blockchain networks. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
|
OpenWhat is Lightstreams
Lightstreams is a blockchain network that will enable for a range decentralized use cases.
With a peer-to-peer storage that supports privacy between participants Lightstreams aims to open up the possibility for more complex Decentralized Apps (DApps) than currently achievable.
Lightstreams will use a Token Curated Governance system such that token holders collectively curate a constitution and associated by-laws in order to maintain a stable network for the users of the network.
The Lightstreams network consists of an independent Ethereum-compatible blockchain. Instead of Ether as the native currency, Lightstreams will operate via its own native token that has a unit value called a Photon (PHT).
Applications built on top of the Lightstreams network may wish to integrate their own token using an ERC20 contract or similar.
The utility of the PHT token will be:
- To pay for transaction fees.
- For purchasing digital content.
- To participate in governance of the network.
Using a system of staking tokens, network participants will be able submit proposals to amend the network protocol. Proposals will be voted upon and successful approvals will be implemented through coordinated software upgrades by special network nodes called Authority Nodes.
DetailsPre-sales: Dec 05, 2018 - Jan 05, 2019Public sales: Mar 15, 2019 - Mar 31, 2019 Token supply: 165,000,000 Soft cap: 2,000,000 USD Hard cap: 20,000,000 USD LegalBlockchain Platform: EthereumCountry limitations: USA, China Registration country: Estonia Registration year: 2018 | Token infoTicker: PHTType: Utility-token Token price in USD: 1 PHT= 0.15 USD Accepted currencies: ETH Token distribution: 55% - presale and crowdsale 20% - team 10% - future offering 8% - advisors, dev partners, seed 5% - Dapp incentives 2% - bug bounties Funds allocation: 55.4% - technical development 12% - marketing and communications 8% - event hosting and sponsorship 13.7% - office and indirect costs 10.6% - accounting and legal costs |
Lightstreams Roadmap
Lightstreams wins Consensys NYC Hackathon award for its demonstration of the permissioned blockchain protocol
Further development on permissioned blockchain protocol. Second milestone reached with the addition of proof-of-authority nodes
Company officially incorporated and registered in Estonia as Lightstreams OÜ. Seed investment round complete
In-house KYC/AML platform developed for the token sale. Alpha test network (testnet) released
First private investment round complete, USD 3.5M raised
Spanish development team opens office in Palma de Mallorca, Spain. Entity officially incorporated as Quantum Labs S.L.
An early version of the Lightstreams command-line interface is launched, providing basic functionality required for all Lightstreams decentralized applications
Setup of operations team focused on administrative and business development in Düsseldorf, Germany
Development of fanbase, a decentralized app using Lightstreams technology. Presented fanbase concept in China during a blockchain event. Alpha release of the Leth node and CLI with decentralized storage capabilities and access-control lists
Account and wallet management functionality added to the Leth CLI. Fanbase technical proof of concept is released. Beta test network (testnet) released, including pre-provisioned web nodes for testing purposes
Development of the ERC20 smart contract for the Photon (PHT) token sale is completed by Kyokan LLC. Security audit successfully performed by Hosho Group, Inc
New documentation website for developers. Development of lightchain, lightstreams proof-of-authority (PoA) blockchain solution. New partnership agreements with labels and independent artists for fanbase
Three example decentralized applications running on the Lightstreams network are released. Governance model roadmap for Lightstreams network is published. First artists that will launch on fanbase are announced
Lightstreams main network test launch. Lightchain code is open sourced and is released under a GPL license. First shortlist of potential validator node candidates for network launch
Lightstreams main net launch. Release alpha version of the lightstreams desktop application to manage signatures, identity, wallet, and explore lightstreams dapps
Beta version of Lightstreams desktop. Release lightstreams-js, a javascript library that allows web applications to directly interface with Lightstreams node.
Official launch for fanbase
Project team
Advisors
Social media
MVP
