Light Coin (LIT) started in 2014 and finished in 2015, with a total supply of 5.1 million coins. The team/founder is hidden, The main reason this coin was listed is desertion.

(from old site) Lightcoin (LIT) is a open source decentralized crypto currency with long term development plans using the Proof-of-Work X11 algorithm that runs at about 30% less wattage than scrypt and 30-50% cooler and Proof-of-Stake for a long term incentive and to ensure the security of the network. Lightcoin aims to develop and introduce mining (lightmining) on mobile devices Blockchain (Lightchain on mobile technology).