It seems that public_base_url has no default value and the documentation does not say that it must be defined, so if the application is installed without defining that variable event streams can not be created, the application returns an error like: EventStream of type Token Event Stream cannot be used because EVENT_STREAM_BASE_URL is not configured. Please check with your site administrator.
The documentation should indicate that the variable must be defined in order to work with event streams or it should have a default value.
This issue has been reported in the forum. Ref.