About Terawatt

Take advantage of blockchain technology to help reduce global lighting electricity consumption by 50 percent (around 2,000 terawatts) by 2035, while also increasing light output by 50 percent. Terawatt will also create a 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 LED

Our mission

This is because of our sustainable coin burning algorithm. Terawatt will automatically use 50-75% of the company's profits obtained 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)

Lighting Problems / Solutions

Inefficient light bulbs create unnecessary greenhouse gas emissions, which contribute to climate change, and electricity bills that are too high for the public and the government. Terawatt will help fix this problem by driving LED adoption
LED lighting solutions have never been more accessible or affordable than now. With several rebate and incentive programs, more and more cities are turning to LED street lighting. And why aren't they? As we all know now, LEDs are energy efficient and durable which means huge savings on energy bills and reduced maintenance costs. But what about other benefits? Like reduced crime rates, safer environment, and overall perceived improvements? These are all the benefits that LED street lights can offer compared to orangey light from high pressure sodium street lamps (HPS) that still illuminate most of our roads and environment.

Why do we need blockchain?

1. To create a deflationary currency that is unchanged, decentralized, safe, private (zk-SNARKS) with utility functions
2. We need complex smart contracts to empower DAO
3. We need Transparency, Eternity, Decentralization and verification of all transactions carried out on the platform
4. Automation of the process is very precise
5. Being comfortable to work with other cryptocurrency in an increasingly digital world. Integration with other projects on the blockchain (product tracking, verification, ecosystem expansion, etc.)
6. Reliability and fault tolerance

Why is LED? Benefits

1. Turn on immediately, like an incandescent light bulb
2. They remain cold when touched even after use
3. Hold up to five times longer than CFLs
4. There is no sensitivity to cold temperatures
5. Do not contain mercury
6. Some models can be used with dimmer switches
7. Available in soft, warm, and bright white colors

"Low energy light bulbs use less than 20% of conventional light bulb energy, and can last up to 15 times longer." -Carbonfootprint.com

Token description

Our project will use Ethereum to publish and make tokens mainly because it has a basic foundation that our technology will implement. Terawatt will manipulate the blockchain smart contract. Our tokens will be standard ERC20 tokens with certain modifications. Our algorithm will verify that the consumer has purchased the light bulb from the appropriate seller and added the transaction to the blockchain. Smart contracts will execute and manage the entire process.

feature

Informasi Token

LED Token

Ethereum platform
Type ERC20

PreICO 1 LED price = 0.30 USD
Prices in ICO 1 LED = 0.40 USD

Investment info

Min. 0.2 ETH investment
Receive ETH
Distributed at 65% ICO

Soft cap of 500,000 USD
Hard stamp of 13,500,000 USD

Roadmap

2017
Project Concept, Whitepaper compiled, Patent Filed

December 2017
Team Building - Get CTO, COO, and Advisor

January 2018
Whitepaper / Website, Brand Awarded, Registered on KICKICO

February 2018
Building Presence, the Token Presale site that is being developed

June 2018
Private Sale, more development and marketing

July 2018
PreICO, DAO construction

August 2018
ICO, Token launch, wallet release, apply for exchange

October 2018
DAO testnet, Mobile Wallet, Search for Partnerships

December 2018
Online mainnet DAO, Masternode Announcement

February 2019
Completely Functional User Interface Released, Mainnet Enhancement

April 2019
Devcon, Getting More Partnerships

May 2019
Verification of Acceptance / Utilities Tax Incentives / Development of LED Tokens

July 2019
Terawatt LED Ecosystem Expansion

For more information, please visit the link below:

Website: https://terawattled.com/
Whitepaper: https://terawattled.com /assets/Terawatt.pdf
Twitter: https://mobile.twitter.com/terawatt_led
Facebook: https://m.facebook.com/Terawatt/about
Telegram: https://t.me/TeraWattICO

Author: indah333
Profile link: https://bitcointalk.org/index.php?action=profile;u=1724885
Eth: 0xf16486c792628e08D0D32995b0EB9e90fea27692