Overview

Lightstreams is designed for Decentralised Applications that require SPEED and PRIVACY when sharing content.

Project stage

Prototype

Detailed description

Lightstreams is a blockchain network that supports any Decentralised App (DApp) thet requieres high performane and data pricacy. Lightstreams is a modification on the Ethereum protocol, solving many associated problems while still compatible with the existing ecosystem of Ethereum developer tools and libraries.

Lightstreams is a blockchain network that will enable many new decentralised use cases.

With a peer-to-peer storage that supports privacy between participants will open up the possibility for more complex Decentralised Apps (DApps) than currently achievable.

Problem

  • In terms of data storage, current blockchain technology is broken. The cost to store any useful amount of data and the management of data privacy are both major barries to blockchain's adoption.
  • Blockchain transactions are not confidential. All data stored in a smart contract is available in the clear for all to view.

Solution

Lightstreams solves the problem of data storage when sharing content on blockchain networks. The technology focuses on the requirements of privacy, confidentiality and scalability for Decentralised Applications (DApps) that interact in direct, peer-to-peer channels. Lightstreams is built using a modified version of the Ethereum blockchain and retains compatibility with the existing ecosystem of Ethereum developer tools and libraries.

Features

Lightstreams key differentiator is in solving the problem of blockchain storage through its award winning Permissioned Blocks technology. Lightstreams does this by:

  • Improving storage capacity,
  • Removing costs,
  • Improving speed;
  • Bringing access control management to protected content.
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Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : PHT
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 20,000,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. :2,000,000 USD
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :300,000,000 PHT
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :NA
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist N/A
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :China, USA,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
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  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    NA
      • Token Distribution

        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Public sale — Ended
      31 May 00:00 UTC
      30 Jun 00:00 UTC
      0.15 USD No - 2,000,000 USD 20,000,000 USD
      Pre-sale — Ended
      01 Mar 00:00 UTC
      30 May 00:00 UTC
      NA No - Uncapped Uncapped
      • Team

        • Michael Smolenski photo
          Michael Smolenski
          CEO
        • Nick Brown photo
          Nick Brown
          Business Development
        • Lukas Lukac photo
          Lukas Lukac
          Blockchain Engineer
        • Aleix Suau photo
          Aleix Suau
          Frontend Engineer
        • Steve Keane photo
          Steve Keane
          Digital Design Lead
        • Marina Petrichenko photo
          Marina Petrichenko
          Digital Marketing Strategy
      • Advisors

        • John Bettiol
          Trivago
        • Dimitri De Jonghe
          Bigchaindb / Ocean Protocol
        • George Samman
        • Andrew Masanto
          Cornerstone Capital
        • Chris Moore
          OP Financial Group

      Roadmap

      • May 2017
        Prototype

        Proof of Concept was demonstrated at Consensus 2017 Hackathon.

      • Q2 2018
        Token Sale

        First tokens for fueling the network are available for sale.

      • Q3 2018
        Authority Nodes

        Launching of network infrastructure.

      • Q4 2018
        Self-Governance

        Commencement of decentralised governance where token holders decide policies.

      Activity