Lightstreams

Lightstreams

Created using Figma
Created using Figma
The low cost blockchain focused on DeFi Run Ethereum apps cheaper and faster on Lightstreams.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Coindeal
    PHT/ETH 2 hours ago
    $ 0.0227
    $ 1.385 K
    6.28%
    -71.23%
  • CoinAll
    PHT/USDT 3 months ago
    $ 0.0210
    $ 5.169 K
    3.48%
    23.96%
Token Sale
To be announced
Token Details
Ticker
PHT
Accepted Currencies
ETH, BTC, USD, EURO, CHF
Company Details
Registered Country
Estonia
Additional Details
MVP/Prototype
Yes
KYC
Yes
Categories
Platform

About Lightstreams

Lightstreams is a low fee, high performance blockchain with private file sharing. Fully Ethereum compatible and interoperable, permitting Decentralized Finance (DeFi) apps to run seamlessly.

Due to capacity and scalability issues, operating on Ethereum today means slow performance and high transaction fees. In addition, all data recorded to Ethereum is publicly accessible with no privacy controls for sharing files or selling content.

 

Lightstreams 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

Followers:
1 537
LOW
Tweets:
315
HIGH
Fake Users Detected:
1.76%
30 Days Growth:
4

Lightstreams Team

Verified 13%

Attention. There is a risk that unverified members are not actually members of the team

Michael Smolenski
CEO
unverified
Andrew Zappella
Managing Partner
unverified
John Bettiol
Managing Partner
verified
Lukas Lukac
Blockchain Engineer | Technical Lead
unverified
Martina Pancot
Business Operations Lead
unverified
Sandra Newhook
In-house Legal Counsel
unverified
Gabriel Garrido
Senior Blockchain Engineer
unverified
Aleix Suau
Frontend Engineer
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

4 ICO

$8 145 068

George Samman
Advisor
unverified
Dimitri De Jonghe
Advisor
unverified
Andrew Masanto
Advisor
unverified
Chris Moore
Advisor OP Financial Group
unverified

Former members

Nick Brown
Business Development
Marina Petrichenko
Digital Marketing Strategy

Lightstreams Interviews

John Bettiol
As a team member, сan you tell us about your role in the ICO project?
Hi,

I'm a member of the executive team (I also sit as an advisor). I've known Michael for 4 years and the rest of the team for even longer.

I've been working in IT for over 20 years and joined Lightstreams as I felt that Blockchain was something worth getting a better understanding of.
What do you think about idea?
For a newcomer to the blockchain world, the Lightstreams Network is hard to fully understand. I am very impressed that this platform offers corporations/engineers/startups a low-cost, fast, secure alternative to Ethereum and yet is fully compatible with their stack!
Marina Petrichenko
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Marketing Strategy and Operations Management

Lightstreams Last News

$ 0.0227
3.12%
Crypto Stats
Daily, %:
3.12%
Weekly, %:
12.26%
Monthly, %:
57.20%
Market Info
Market Cap:
$ 1.098 M
Volume 24h:
$ 1.354 K
Circ. Supply:
48.408 M PHT
Ticker:
PHT

Lightstreams Reviews

icopools.io
review

Market:
Lightstreams is one of the platforms compatible with Ethereum and built based on PoA algorithm, which combine a high level of speed and privacy (these include POA Network, Cosmos Network and others). Except for mentioned decisions, such problems as increase in scalability, capacity and personal data protection in networks are solved at the Ethereum level (05/04/2018 V. Buterin claimed that the network can potentially reach 1M TPS with the use of Sharding и Plasma decisions).
The team also considers EOS, IOTA, Filecoin their competitors. EOS, IOTA have a high capacity, but their privacy level is lower. In Filecoin both capacity and privacy is a level lower than Lightstreams’.
In general, high-speed networks and decentralized storages by the results of ICO demonstrate high indicators of fundraising and efficient return on investment:
POA Network – in the course of ICO $12,6M was raised, capitalization - $69,1M, ROI USD - 4,66x
IOTA - raised - 1,337 BTC., capitalization - $4,5 billion, ROI USD - >160x
Filecoin - raised - $257M, capitalization – not available, ROI USD - 1,8x

Social activity:
The level of marketing activity to the project is low. Channels in Telegram counts about 13500 followers, Twitter - 993, Facebook - 103. Since October 2017 the project blog publishes 1-2 articles per month, which lack releases on the product development and project development previews. The blog last articles inform on the project achievements in social networks, founders’ promises to update Roadmap and it seems that the team plays for time and waits for the end of ICO.
In January, 2018, $300K was raised at the seed stage. The period of Private sale for institutional investor and its results are not yet known.

Verdict:

Lightstreams can also become successful due to additional valuable function of the platform of the shared use of digital author’s content (music, video, books, etc.). But it’s yet unknown whether society will accept this idea. Today the market of cryptocurrencies actively searches for the optimal algorithm of consensus, blockchains of new generation appear every week, and delay, which is observed in the Lightstreams product development, can be critical for the project.

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DiddyCarter
C
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CrushCrypto

Overall, we have an undetermined view about the flipping potential of the ICO and are neutral about its long-term potential. Our thoughts on buying the tokens for flipping and investing for the long term are as follows:
For flipping
Depends. The project has a relatively low hard cap for a blockchain protocol project and has generated high market awareness. However, the team is undecided as to whether they will issue a placeholder ERC-20 token which can be exchanged for mainnet tokens or distribute tokens directly once mainnet is launched (currently scheduled in early Q4 2018).
If the team chooses the first option (issuing a placeholder token), then the turnaround time would be much quicker. We would be positive about the flipping potential in this case.
If they go for the latter option (distributing mainnet tokens directly when the network launches), then there would be a few month lag between the date of contribution and the date of receiving mainnet tokens. In addition, this does not take into account the time it takes for the mainnet PHT tokens to be integrated and listed on exchanges. We have a neutral view for flipping if this is the option that the team chooses.
For long-term holding
Neutral. The idea of the project was conceived and developed more than one year ago during last year’s Consensus Hackathon. However, the team suspended the development and waited until one year later to conduct an ICO to continue the project. This does not speak well to the team’s enthusiasm for the project and for this reason, we are neutral about the chance that the project will be a success.

Read More
ICO Drops

13-May. Sergey: There is not much interest in this project. Link
30-May. Alexey: I don`t like it.
Andrey: They will fork Ethereum and make blockchain for content distribution.
Bruce: Main net launch will be in the Q3 and exchanges, as far as I understand, after the swap. I think it is a good project, there is no reason for it to show negative ROI after ICO.

Read More
OhHeyMatty
78
Read More
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