And then could you define the token that issued by your team? Will that be included on the security or utility? I guess if they are still getting money from selling their tokens and that still can be called as an ico. Did you know about the token market and it has similar service like you.
Hi, I can reply as I'm still up
I'll try my best to answer and if my answer sucks I can get a team mate to follow up.
Lightstreams will issue a base "Photon" token, PHT. There will be an update on Lightstreams ICO due next week.
PHT is a utility token, Photons are directly usable for services on the network.
Lightstreams has a need for an API layer (within the network) that allows very-low-cost (ie zero) creation of new coins to enable normal users to build their own economies (it is a core piece of the Lightstreams Showcase DApp, Fanbase)
The Lightstreams team proposes CoinFactory as a mechanism to allow Fanbase (and any other application) to have a single, configurable smart contract template that they can then use to stamp out new coins for every new content creator that joins the Fanbase platform.
For Fanbase's USP this means that artists can move away from monopolies such as Youtube and Patrean by having their own economy that they fully control. They can take their coin with them and build their own application or move to a Fanbase competitor (this is fine with us!).
To date we've benefited from strong industry support and guidance, so we're confident we're making the right decision with this approach.
