This post is from a low-reputation account and contains an unverified outbound link. Be cautious before clicking external links.

TERAWATT

Words
683
Reading
4 min
8y
Listen to this post
~5 min

What is maintained

Terawatt is a patented startup blockchain renewable energy, with a strong focus on monetization and encouraging the adoption of global LEDs. Terawatt will create DAO, and also Ethereum, private (zk-SNARKS) based currencies for global payments. DAO will be funded and used by Utility Companies, LED Sellers, Businesses, token holders, and energy customers around the world. The DAO will act as a decentralized global mutual / insurance fund to ensure utilities (and businesses) always have access to funding (which is constantly depleted) to subsidize the sale of LEDs to their energy customers (or to increase business to LEDs).

Benefits of Using LEDs

  • Turn on immediately, like an incandescent lamp
  • They remain cool to the touch even after use
  • Hold up to five times longer than CFLs
  • There is no sensitivity to cold temperatures
  • Do not contain mercury
  • Some models can be used with dimmer switches
  • Available in white, warm and bright white

Our mission

Terawatt will create the DAO, as well as the Ethereum, private (zk-SNARKS) based currency for global payments. DAO will be funded and used by Utility Companies, LED Sellers, Businesses, token holders, and energy customers around the world. The DAO will act as a decentralized global mutual / insurance fund to ensure utilities (and businesses) always have access to funding (which is constantly depleted) to subsidize the sale of LEDs to their energy customers (or to increase business to LEDs).

Total Supply: 100 Million Tokens
Supply: 65 million
(supply will decrease exponentially in the s-curve mode to as low as 1 million tokens at all times).

This is because of our sustainable coin burning algorithm. Terawatt will automatically use 50-75% of the company's profits derived from DAO entry / exit fees, costs of taking profits (such as exchanges), time decay costs, carbon tax data storage costs, carbon credits, and even from affiliate LED sales commissions for buy back and burn (LED) Tokens. This is similar to BNB tokens, but they only burn every quarter, we will burn 24/7.

Utilities and other businesses will want to receive our tokens for payment because our deflation rate is far greater than all FIAT currencies and most, if not all, cryptocurrency / tokens while also being more personal and secure with zk-SNARKS and masternodes when available. Next, the more tokens they have to put in the DAO fund, the more power the voice, profits, and the prizes they can receive. This will further increase the token value due to network effects. (Metcalfe's Law)

Feature
LED Utility Token

  • LED incentives
    Terawatt Tokens will act as a reward system for every purchase of LED bulbs that are verified by our process pending patents. This serves as an incentive for users to buy LEDs for homes, businesses, or government uses and verify them through our interface
  • Data storage
    Records of purchasing LEDs can be stored safely in the Terawatt ecosystem. This allows the purchasing entity to return at tax time and have all other LED and Energy Star Rated Purchase records available. Users pay a small token fee to access the recording again.
  • Community Based Governance
    Donated funds can be locked into collections, and the Global Maintenance community will choose / decide what projects are funded and how much funds will be provided or set aside for these projects.
  • Masternodes
    We aim to have Masternodes when Ethereum Blockchain allows for it. Masternodes will help to better secure and decentralize the Terawatt network. PROBLEM

Problem: Inefficient light bulbs create unnecessary greenhouse gas emissions, which contribute to climate change, and electricity bills that are too high for the public and government. Funding of Decentralized Autonomous Organizations

DAO

Token and ICO specifications

  • Name: Terawatt Token
  • Token Symbol: LED
  • Platform: Ethereum
  • Total Supply: 100,000,000 LEDs
  • Tokens for sale: 65,000,000 LEDs
  • Payment: ETH
  • Pre-ICO price: $ 0.30 USD
  • Price of ICO Token: $ 0.40 USD
  • Softcap: 500,000 USD
  • Hardcap: 13,500,000 USD
  • Minimum investment: 0.2 ETH
  • Private sales: June 2018
  • Pre-ICO: July 2018
  • ICO: September 2018

Token Contributions Chart

Use of Tokens

ROAD MAP

FOR MORE INFORMATION:

Website: https://terawattled.com/
Whitepaper: https://terawattled.com/assets/Terawatt.pdf
Bitcointalk thread: https://bitcointalk.org/index.php?topic=4180151.0
Facebook: https://m.facebook.com/Terawatt/about
Twitter: https://mobile.twitter.com/terawatt_led
Telegram: https://t.me/TeraWattICO
Youtube: https://www.youtube.com/channel/UCNtUjNIRzbUQBK95dYinJhQ

author: muhammadsosa
profil link: https://bitcointalk.org/index.php?action=profile;u=1914532
eth: 0x8056b4866D50eBCE01D33EDc967D38a6Bf724420

TERAWATT | Ecency