Lightstreams ICO review, all information about token sale Lightstreams (PHT) | ICORating
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Lightstreams

Computing & Data Storage

Overview

Lightstreams is a decentralized network for fast, privacy-enabled blockchain applications.

Features

Lightstreams is a blockchain network that will enable for a range of 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.

 

Crowdsale

Pre-sale
Pre-sale start date 05 Dec 2018
Pre-sale end date 05 Jan 2019
Token Sale
ICO start date 14 Mar 2019
ICO end date 31 Mar 2019
ICO token supply 165,000,000
Hard cap size 10,000,000 USD (fiat)
Legal
Registration Country Estonia
Registration Year 2018
Token details
Ticker PHT
Type Utility-token
Additional Token Emission Yes
Accepted Currencies

ETH

BTC

EUR

USD

CHF

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

Ratings

Type of ratings
Rating
Status
Hype score
Medium
Active

Team members

Name
Position
Score
Social
CEO
NA
Managing Director
NA
Business Development
NA
Managing Partner
NA
Digital Design Lead
NA
Business Operations Leader
NA
Blockchain Engineer
NA
Blockchain Engineer
NA
In-House Legal Counsel
NA
Design Lead
NA

Advisors

Name
Position
Score
Social
Advisor
NA

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info NA
Lightstreams ICO Contacts
More on ICO

Ended

Start ICO 14 Mar 2019
End ICO 31 Mar 2019
Token PHT
Price 1 PHT = 0.15 USD
Product Type Technology
MVP Only design
KYC No
Registration Country Estonia
Whitepaper View
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