TERAWATT

TERAWATT | Ecency

Electricity refers to the electrical circuit of the house, as does the water that refers to the water pipe system. Roughly speaking, the voltage is likened to water pressure, whereas the electric current is like the quantity of water flowing through a certain point per second. At some pressure, a small amount of water may pass through a small pipe rather than a large pipe within a certain time, so the size of the pipe can be regarded as equivalent to the size of the electrical resistance (ohms) – smaller pipes have higher resistance. The higher the electrical resistance of a device, the less the electric current flowing. Resistance or resistance often depends on cable diameter.

Electricity goes into the house through the power grid, finally connected to the generator. To minimize energy loss along the way in the power line, a transformer is used to raise the voltage to a very high voltage. Before reaching the house, an additional transformer is used to reduce the voltage to a value suitable for domestic use.

You are informed about a great innovation called “Terawatt.” This is a Global LED Adoption Through Blockchain Technology

Terawatt
Take advantage of blockchain technology to help reduce global lighting consumption by 50 percent (about 2,000 Terawatt) by 2035, while also increasing the light output by 50 percent. Terawatt will also create deflationary currency to compete with FIAT and digital alternatives such as Bitcoin. Terawatt aims to address other renewable sectors such as Solar, Wind, Electric Vehicles after proof of concept is achieved with LEDs

Method:
Terawatt will create Decentralized Autonomous Organization (DAO), and also create a highly deflation-based Ethereum-based currency for global payments. DAO will be funded and used by Utility Companies, LED Sellers, Businesses, Token Holders, and Energy Customers worldwide. DAO will act as a decentralized global mutual / insurance fund to ensure Utilities (and businesses) always have access to (continuing-out) funding to subsidize LED sales to their energy customers (or to increase business to LEDs).

This is a huge benefit for utility companies because they want 100 percent of their customers to have energy saving lamps because of progressive network overload, forcing power companies to build (and maintain) expensive power plants (Hundreds of millions of dollars) to meet demand. . They are also mandated by government agencies (ie the US Department of Energy and the US Environmental Protection Agency) to increase LED adoption in their respective markets. Businesses want LEDs because they reduce utility bills, increase light output, reduce maintenance costs, and qualify them for tax incentives. The initial cost is a problem, but Terawatt will help overcome this.

Our mission
It’s because of our sustainable coin burning algorithm. Terawatt will automatically use 50-75% of the company’s profits earned from DAO entry / exit fees, profit-taking costs (such as exchanges), time decay costs, carbon tax data storage, carbon credits, and even from affiliate LED sales commissions for buy back and burn (LED) Token. It’s similar to a BNB token, but they just burn every quarter, we’ll burn 24/7.

Other utilities and businesses will want to receive our tokens for payment because our deflation rate is much greater than all FIAT currencies and most, if not all, of the temporary cryptocurrencies / tokens also become more private and secure with zk-SNARKS and masternodes when available. Furthermore, the more tokens they have to put in DAO funds, the more sound power, benefits, and stake stakes they can receive. This will further increase the token value due to network effects. (Metcalfe’s Law)

Lighting / Solution Problems
Inefficient bulbs create unnecessary greenhouse gas emissions, which contribute to climate change, and electricity bills that are too high for communities and governments. Terawatt will help fix this problem

Why do we need blockchain?
To create a unstable, decentralized, secure, personal (zk-SNARKS) deflationary currency with utility function
We need a complex smart contract to empower DAO
We need Transparency, Immutability, Decentralization, and verify all transactions done on the platform Process automation is very precise

Token Description

Our project will use Ethereum to publish and create tokens primarily because it has the basic foundations that our technology will implement. Terawatt will manipulate the blockchain smart contract. Our Token will be a standard ERC20 token with some modifications. Our algorithm will verify that the consumer has purchased the bulb from the appropriate seller and added the transaction to the blockchain. The smart contract will execute and manage the entire process.

Token Information:

LED Token
Ethereum Platform
Type ERC20
Price preICO ** 1 LED = 0.30 USD **
Price in ICO 1 LED = 0.40 USD

Investment info
Min. 0.2 ETH investment
Receive ETH
Distributed in ICO 65%
Soft cap 500.000 USD
Hard cap 13,500,000 USD