THE TERAWATT LED PROJECT

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Hello steemers, I'm here today again as usual bringing you a mind exploding blockchain project. I wonder if you have ever heard of Terawatt Led? As a crypto enthusiasts, this might be the best post ever you'll read this week. This project connects blockchain technology to the Electrical Industry.
It's not a news anymore that blockchain technology has turned around the market productivity of this generation in several ways : making the advert medium more transparent, getting brands to target consumers, degeneralisation, transforming numerous industries by offering lower costs, heightened security and streamlined processes and lots more. it has brought lots of benefits to both businesses and investors in the financial services market. And now its gone to a whole new level.
Imagine how much revolution this technology can bring to the Electrical Industry if introduced into the system.

A fallacy would not be said to have been committed I said that our life would not be as beautiful as it is right now without electricity. Electricity is the basis of all tech. Available of electricity is one of the greatest advancement this planet has ever experienced, imagine the world deprived of all forms
of electricity for just a day, chaos will run the streets, that's how important electricity is.
There is a saying that everything good thing must surely have a disadvantage. As in the case if electricity green house effect is said to be one. Electricity production generates the second largest share of greenhouse gas emissions (over 28.4% in 2016), Since approximately 68 percent of our electricity comes from burning fossil fuels, mostly coal and natural gas. There have been series of attempts by governments all around the world and NGOs to solve this problem, but we are still far away from generating acceptable levels of greenhouse gas emissions which Is not dangerous to the planet.

Terawatt LED is a project which leverages blockchain technology to help in the reduction of global lighting electricity consumption by 50 percent which is approximately 2000 Terawatts, with hopes to achieve this goal by 2035, while also increasing light output by 50 percent. Terawatt will also create a deflationary currency to compete which will have the potential to compete with FIAT and digital alternatives like Bitcoin, etherium etc. Upon success if this sector, terawatt aims to spread it's tentacles to other renewable sectors like Solar, Wind, Electric Vehicles after proof of concept is achieved with L.E.D.s.

HOW IT WORKS
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Terawatt basically provides solution to the above discussed problem by creating a Degeneralised Autonomous Organization (DAO) and a deflationary Ethereum-based, private currency for global payments to promote the use of LED lighting. This Degeneralised Autonomous Organization (DAO) will be funded and used by utility companies, LED sellers, businesses, TeraWATT token holders, and energy customers around the world. Importantly, it will behave as a global mutual/insurance fund to make sure that business will have access to funding for subsidized LED sales to energy customers

The project will utilize Ethereum to issue and create tokens mainly because it has the base foundation that the technology will implement. Terawatt will take advantage the blockchain smart contracts. Terawatt token will be a standard ERC20 token with some specific modifications. It's algorithms will verify that the consumer has actually purchased the bulbs from a suitable seller and add the transaction to the blockchain. Smart contracts will execute and manage the entire process.

REASON WHY TERAWATT NEEDS BLOCKCHAIN TECHNOLOGY

The need for complex smart contracts to power the D.A.O.
Terawatt requires Transparency, Immutability, Decentralization and verifications of all transactions performed on the platforms which the blockchain can offer
For specific automation process
For assured Reliability and fault tolerance.
The blockchain has created a platform to work with other cryptocurrencies in an increasingly digital world. Exploring with other projects on blockchain (product tracking, verification, ecosystem expansions, and so on)

BENEFITS OF TERAWATT LED

Terawatt Led bulb o not contain mercury
The bulb lights up immediately, like an incandescent bulb
It is available in soft, warm, and bright white hues
It doesn't generate heat. They stay cool to the touch even after use
Last up to five times longer than the usual bulb
it is not cold temperature sensitive
Some models can be used with a light dimmer switch

TOKEN DETAILS

Ticker: LED

Total supply: 100000000

Token Distribution

Participant Sales – 65%;

Team and Advisors – 20%;

Growth and Incentives – 15%

Accepted Currencies

ETH, BTC

Min Contribution

0.2 ETH

Company Details

Registered Country

Netherlands

Bonus Structure

Up to 65%

TOKEN DISTRIBUTION :
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TEAM:
This Project is Led my Evan Williams (CEO). Who is has worked for certain companies such as U.S. Telecom giant Verizon. He is highly skillful and experienced. Working hand in hand with other advisors to ensure the success of the project.
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