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