The LightForge Token Sale is now running on the Waves DEX!
Please note that our program has recently changed.
What is the LightForge Token? Why is it so important? Got questions? This Quick FAQ should answer them but we encourage you to pick up our LightForge Light Paper.
- What is the LightForge Token?
The LightForge Token is a part of the LightForms.cc platform roll out. It is a fixed amount token currently available on the Waves DEX with 101,100,110 issued. We say currently because once they are sold, they are sold. We will not issue any more and while they may continue to be available on the Waves DEX indefinitely their availability will be very limited. If they are available their value will be completely left to the free, open market that is the nature of the Waves DEX.
- What are they for?
The LightForge Tokens will be used by holders of the token to run the LightForge Master Node Software. That software will be available in a limited number. We have no interest in running LightForgeMaster Nodes ourselves other than the bare minimum required to provide network stability and that in which to provide the operators of LightForge 3D Scanner booths or other devices and software users that can make use of the node network. Additionally, LightForge Tokens are used in the LightForms.cc eco-system as a method for LightForge Scanner operators, LightForms Certified Factories, Artists to work together to produce LightForms.cc Brand Toys or to offer services in their creation. Their use may also be required during the creation of LightForms.CC Cyber Contracts (Waves Platform based smart contracts) that are tied to the tokenized LightForms.CC assets such as a LightForms Crypto-Collectible toy or other form of digital merchandise.
- What are tokenized assets?
This is a great question. Tokenized assets as far as our definition goes are CG data sets that are linked to Waves Token/Smart Contract/Assets. This allows for two important things to happen. First they can be serialized and thus traceable in terms of how many their are, and in what “state” they are in when combined with other assets or tokens found in an end users wallet, which in the LightForms.CC ecosystem acts much like a virtual toybox. Second, whether these CG assets are built by hand or generated in part or in whole from our 3D scanner system or other means, their tokenization provides for a digital rights management mechanism to be incorporated into the end user product. Protection of CG assets can effectively be realized while also providing for a way to gain authorized access and use rights, based on the the smart contract/asset creation terms established a the point of their creation.
One of the reason why we chose Waves Platform technology is because that system provides for all the structural components required to make this kind of chain of title, IP protection and value accumulation system work in an efficient and effective manner. This extends into the 3D scanner technology business model as well.
- Ok, so why would I want to run a LightForge Master node?
This is a very interesting question and you can find answers in our LightForge LightPaper and then later, full LightForms.cc WhitePaper which will be out shortly. The quick FAQ answer is as follows:
The simplest analogy is that the LightForge Master Nodes are the land and the highyway system that the whole economy of LightForms will be built on. There is only so much of that land and freeway system space available and the LightForge Tokens are the gateway to get that land and freeway system space. Ever see the movie “The Founder””? Here is an idea of what we are talking about.
If you are still struggling to understand the significance of this, no problem. But like in the clip, we provide the “formula, the recipe, the operations manual” to start a LightForms factory that sits on the land and uses the highways the Master Node Software operators provide. Got it yet? No? Ok. We will further explain.
First off, the LightForms.cc network will operate in similar fashion to how raw materials needed in manufacturing are needed and refined, supplied to “Forges” who then supply refined materials to factories which then roll off finished product. LightForges are an initial first step in this process in our network.
Without getting into too much technical detail we encourage you to review our LightPaper on the LightForge Token Program
- Is this an ICO or STO?
Absolutely NOT. No. We are not presenting it as an ICO or an STO, so get that out of your head right now.
In fact, nothing that we are doing should be considered an ICO or STO. Not now, not ever. Not with the LightForge Token program or the LightForms.cc Product Token/Factory Franchise Token offering. In the simplest, most matter of fact terms, the LightForge Token program is the selling of a software product that will be made available shortly. When we make it available is up to us and only us and it will be done in conjunction with our plans as per the Light/White Paper. We have not done a presale or pre-mine in the conventional terms whatsoever of the currencies associated with these programs.
- What do I have to do to buy LightForge Tokens? Where do I buy them!?
Simple, use the Waves DEX and search for the token ID: EjEqXE11cThcnE64cDQEcnpeod2v5Rpdj6a8sjyJ6dvR
Make sure the token ID above matches this image below:
Make sure to check again and compare to this image and then verify again via the image link comparing the information between the information we have provided in this answer. We are NOT responsible if you should somehow manage to purchase something else. The Waves platform allows for similar or same named tokens to be issues on the Waves Platform. “Imposter Coins/Tokens” are possible on the Waves platform which is why we ask you to visually verify this information. If you are unsure, please contact us.
The easiest to locate the Waves/LightForge Token Pair on the Waves DEX and then place and order is to copy and paste the following line into (make sure to do it exactly and CHECK IT AGAIN!) the “Waves” search area in the DEX.: Waves/EjEqXE11cThcnE64cDQEcnpeod2v5Rpdj6a8sjyJ6dvR
- When do I get my LightForms Master Node software?!
Please see answers above regarding timelines. However, you and you alone are responsible for continuously checking back here for updates on this including information regarding the token burn. So make sure you subscribe to our newsletter on the main page at the very least.
- I have questions or need help with regards to doing this. How do I get a hold of the LightForms.cc project?
Please see the contact information page for details.
- Is this information subject to change at any time without notice and all that jazz?
Yup. We are human and technology shifts on a dime. This is a real project and we are in it to win it. If we were not serious, we would have given up years ago.
- Do you have the Token Specs?
Yes. We have listed them here already, but you can verify this information on WavesExplorer.com
All technology, tokenomic models, rates, specifications, terms, topic matter contained in this document is subject to change and likely will. Count on it and you won’t be surprised later. The LightForms.cc platform or programs that operate as part of the intended eco-system are hypothetical in nature and until established may or may not produce desirable results, of which the end user experience may or may not be as intended by us or those who engage with the systems or any of its components. In the creative technology industries, the purpose of operating various software ranges from pure enjoyment to hobbyist to professional artistic and business needs. At no time are we suggesting that our eco-system or any of the components that are a part of it that we or 3rd parties attached to it will produce any kind of guaranteed rate of income, if any at all. We may not be able to get everything to work the way we, or our participants want it to, in a cost effective or engineering manner that makes any of this viable for production or any other use. None of the LightForms.cc programs including the LightForge Token Program or any other initiative, now or in the future should be considered in any way an “Initial Coin Offering or Security Token Offering” (ICO or STO). We are not selling a security in any form. We are providing access to advanced software solutions, some of which exist in alpha and beta states with other components yet to be written, compiled, tested, documented or otherwise realized by any means. We are pre-selling that access to the aforementioned technology in the form of software solutions. Many of these solutions are in existence in various states of development as well as available to purchase here on this site or at www.liberty3d.com. We have real product, right now.