Lightstreams Token Allocation
As mentioned in our previous announcement, I’d like to give you an update on the upcoming Token Distribution on July 18, 2019, with more details about the final Token Allocation.
No Vesting
Good news! As a show of appreciation to our community for their early support, we have decided that there will be no vesting for presale contributors. All purchased tokens (including bonuses) will be distributed immediately on the distribution date to both presale and public sale contributors.
Total Supply Allocation
Below is the total supply allocation of photon (PHT) tokens for the Lightstreams Network.
Unsold Tokens
We initially planned to raise $20M to accelerate the development and adoption of our network. We successfully raised $4.7M during private and presale rounds. Following the limited public sale and network go-live, we made the decision to not pursue further token sales. Instead, we focused on integrating with partners and exchanges. Because of this, there are unsold tokens that will be exclusively reserved for future rewards and network growth programs.
Distribution Smart Contract
Photon (PHT) token allocation will be handled by a distribution smart contract that you can inspect and review at the following Github repository, where you can also find the audit report details.
Still have questions?
Distribution will begin July 18th.
The Token Distribution of Lightstreams Photon (PHT) Tokens will occur on July 18, 2019.
How do I claim my PHT Tokens?
After distribution occurs, you should follow the instructions available here.
Note: You cannot claim your tokens until distribution occurs.
What exchange will you list on?
The first exchange on which we will list has provisionally given us July 22nd as the announcement date. We will publish a formal announcement on this date.
Are you going to list on exchange x, y, or z?
In the coming weeks and months, we expect further exchange announcements, as we bring more companies, developers, and users to the Lightstreams ecosystem.
How can I change my PHT receiving address after July 18th?
If you would like to change your PHT receiving address, please contact support@lightstreams.io.
Don’t forget!
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Thanks for your continued support.
Michael Smolenski
CEO — Lightstreams
