Yea that's a batch with multiple initiators requiring Eltoo... not the same thing from the shitcoin page in the OP

justin_shocknet

So channel factories are Multi-Party single channels.

Alice and Bob have a channel. They can invite Charlie to the channel without an on chain transaction.

https://veronicatee.hashnode.dev/a-brief-overview-of-lightning-network-channel-factories

sime

bitcoin

First implementation of Lightning channel factories

Scammers just tried to co-opt the term, channel factories is a term that's been around for batching since at least 2018