TERAWATT - The Global Introduction of LEDs Through Blockchain

Use blockchain technology to reduce global energy consumption by 20 percent (about 2,000 terawatts) by 2035, as well as by increasing light output by 50 percent. Terawatt will also create a deflationary currency to compete with FIAT and digital alternatives, such as Bitcoin. Terawatt seeks to tackle other renewable sectors, such as solar, wind, electric vehicles, after proof of concept has been achieved with LEDs.

Method:

Terawatt will create a decentralized autonomous organization (DAO) and will also create a strongly deflationary Ethereum-based currency for global payments. The DAO will be funded and used by utility companies, LED Vendors, businesses, owners of tokens and energy consumers around the world. The DAO will act as a decentralized global mutual / insurance fund so that Utilities (and businesses) always have access to financing (which is constantly drying up) to subsidize LEDs to sell them to energy consumers (or to upgrade business to LEDs).

This is a major advantage for utility companies because they want 100 percent of their customers to have energy efficient lights due to progressive grid overload, which forces energy companies to build (and maintain) expensive (hundreds of millions of dollars) power plants to meet demand. They are also authorized government agencies (i.e. the US Department of Energy and the US Environmental Protection Agency) increase LED adoption in their respective markets. Businesses want LEDs because they reduce electricity bills, increase light output, reduce maintenance costs, and qualify them for tax breaks. The initial cost was a problem, but Terawatt will help overcome this.

Telantat-token will also be used as a currency, similar to ETH, in any commercial or utility company that will accept it as a payment method. DAO members with businesses will want to accept the Terawatt tokens as payment, because they will get an increased voting power / share in the DAO, and also because it is much more deflationary than FIAT or other crypting costs due to the constant structure of burning coins, which is equal to potentially increases profitability.

Energy companies and other token holders will buy our tokens at the DAO, we charge entry and exit fees, and when they sell their position, we take a percentage of their profits (for example, mutual fund or replacement.). We will take 50-75% of this profit for redemption and burn our own tokens daily (per transaction). With Terawatt, all people and businesses can have uninterrupted access to low cost / free LEDs products, which significantly reduces their purchasing costs, electricity bills, increases the efficiency of global lighting and, in turn, reduces global greenhouse gas emissions.

The current (LED) current may or may not increase exponentially as more energy companies (and buyers / energy consumers / other companies) realize the benefits of using our tokens and joining the DAO (Metcalfe law), thereby increasing demand reduction of supply.

Through the use of DAO, key partnerships (We actively support collaboration and partnerships with utility companies globally), deflationary supply, token incentives and voracious marketing, Terawatt seeks to help deliver LEDs to all commercial, industrial (street lights), government and residential buildings / facilities around the world and effectively increase the transition from less efficient incandescent bulbs, metal halides (MH), high sodium pressure (HPS) and compact fluorescent th light (CFL) to 100% coverage of LEDs (light emitting diode).
Owners of tokens will also be able to find and use applicable discounts on instant taxes, look for tax credits, and then safely store the purchase data online for later use in filing their taxes. Participants can buy, sell, save using masternodes (if any), vote, donate or retain (LED) tokens that will use the Terawatt ecosystem.

Our mission

This is due to our continuous coin burning algorithm. Terawatt will automatically use 50-75% of the company's profits from DAO entry / exit fees, fees for profits (for example, exchanges), linking fees, storage fees for carbon taxes, carbon credits, and even from LED affiliate commission sales for redemption and token (LED) tokens. It looks like a BNB token, but they burn every quarter, we will burn 24/7.

Utilities and other businesses will want to accept our payment tokens, because our deflation rate is much more than all FIAT currencies, and most, if not all, cryptoconferences / tokens, as well as more private and secure zk-SNARKS and masternodes, are available. Moreover, the more tokens they need to join the DAO, the more votes, profits and rewards they can receive. This will further increase the token due to the network effect. (Metcalf's Law)

Lighting Problem / Solution

Inefficient light bulbs create both unnecessary greenhouse gas emissions that contribute to climate change and unnecessarily exorbitant electricity bills for peoples and governments. Terawatt will help solve this problem by taking driving LED.

LED solutions have never been more affordable or affordable than they are now. With several discount programs and incentives, more cities are making the transition to street lighting. And why not? As we all know, LEDs are energy efficient and durable, which means huge savings in energy costs, as well as reduced maintenance costs. But what about the other benefits? Such as lower crime, safer areas and overall improvement? These are all the advantages that LED street lighting can offer compared to the orange glow of high-pressure street lighting (HPS), which still illuminates most of our streets and neighborhoods.

Why do we need a chain?

Create an immutable decentralized, secure, private (zk-SNARKS) deflationary currency with utility functions
we need sophisticated intelligence contracts to manage DAO
We need transparency, immutability, decentralization and verification of all transactions carried out on the platform
is extremely precise process automation
is convenient to work with other kriptoresursami in an increasingly digital world. Integration with other blockchain projects (product tracking, validation, ecosystem expansion, etc.)
Reliability and resiliency
Why L.E.

Benefits

Light up immediately as an incandescent lamp.
They stay cool to the touch even after use.
Last up to five times longer than CFL.
Not sensitive to cold temperatures
Mercury
free Some models can be used with a dimmer switch
Available in soft, warm and bright white shades
"Low energy bulbs use less than 20% of the energy of a conventional light bulb and can last up to 15 times longer." -Carbonfootprint.com Token

Description

Our project will use Ethereum for the production and creation of tokens mainly because it has the basic foundation that our technologies will implement. Therawatt will manipulate block contracts. Our token will be the standard ERC20 marker with some specific modifications. Our algorithms will confirm that the consumer actually purchased the bulbs from a suitable vendor and adds the transaction to the flowchart. Smart contracts will fulfill and manage the entire process.

Features Token

Information

LED Indicator
Ethereum Platform
Type ERC20

Price PreICO ** 1 LED = 0.30 USD **
Price in ICO 1 LED = 0.40 USD

Investment Information

Minimum Investment 0.2 ETH
Acceptance of ETH
Distributed in ICO 65%

Soft cover 500,000 US dollars
Hard cover 13,500,000 US dollars

Road Map

2017
Project Concept, prepared technical document, patent filed

December 2017
Team Building - Acquired Technical Director, Chief Operating Officer and Advisor

January 2018
Technical Document / website, trademark listed in KICKICO

February 2018
Building Presence, Token Presale website, under construction

June 2018
Private sale, more development and marketing

July 2018.
Preiko, construction DAO

August 2018
ICO, token launch, wallet issue, apply to exchanges

October 2018
DAO testnet, Mobile wallets, Search for partnerships

December 2018
DAO mainnet online, Masternode ad

February 2019
Fully functional user interface, network improvements

April 2019
Devcon, purchase more partnerships

May 2019 Check
Confirmation / Tax Incentive Utility / Token Development

July 2019
Expanding the Terawatt LED Ecosystem

The Team