BTC Lite is an ERC20 token that can have a lot of value in future. No one can repudiate the fact that tokens that run on Ethereum blockchain can achieve a lot of value if marketed properly. There have been many examples in past, the best being the OmiseGo, TenX, Qtum and so on. The BTC Lite which carries BTCL as the pitch is an surprising form of bitcoin. It is a tokenized chronicle of Bitcoin but runs on Ethereum blockchain. BTC Lite has same supply as the Bitcoin so there are sum of 21,000,000 BTCL in total. In this way, the tokenized chronicle copies genuine understanding in this regard.
Article source: http://ethereumfaq.org/