Lightstreams is made possible through the combination of blockchain and distributed web technologies. Blockchain is used to manage file permissions, guarantee identity, maintain a historical record and the secure transfer of value. While “off-chain” distributed storage is used for data storage and transmission of files without not relying on any one entity for hosting content. Through integration with the Lightstreams Network application developers can build on and utilize a blockchain platform that centers around speed, efficiency and privacy for distributing content.

The Lightstreams Network consists of an independent Ethereum compliant blockchain. Instead of Ether as the native currency, Lightstreams will operate via its own native token called a Photon (PHT). DApps building on top of the Lightstreams Network may wish to issue their own tokens using ERC20 [23] contracts or similar.

Team:

• Michael Smolenski: CEO.  
• Andrew Zappella: Managing Partner. 
• John Bettiol: Managing Partner.  
• Martina Pancot: Business Operations Lead. 

Photon Token ICO will begin on March 15, 2019. The ICO token supply represents 55% (including Pre-ICO) of the total token supply, so there is a total of 165,000,000 PHT tokens available, for 0.15 USD. The ICO funding target is 2,000,000 USD, the funding cap is 20,000,000 USD and is expected to end on March 31, 2019 or when the funding cap is reached.

Token Reserve Split (45%):

• 20% Team;
• 10% Future Offering;
• 8% Advisors, Dev Partners and Seed;
• 5% Dapp Incentives;
• 2% Bug Bounties.

Photon Token ICO features a bounty campaign.