cryptozzz: TeraWATT ICO1

TeraWATT ICO - Global LED Adoption Through Blockchain Technology

Terawatt is a patent-pending, renewable energy blockchain startup, with a strong focus on monetization and driving global L.E.D. adoption. Terawatt will create a DAO, and also a deflationary Ethereum-based, private (zk-SNARKS) currency for global payments. The DAO will be funded and used by Utility Companies, L.E.D. Sellers, Businesses, token holders, and energy customers worldwide.

The DAO will act as a decentralized global mutual/insurance fund to ensure Utilities (and businesses) always have access to funding (which constantly runs out) for subsidizing L.E.D. sales to their energy customers (or for businesses upgrading to L.E.D.s). Total Supply: 100 Million Tokens. Circulating Supply: 65 million (supply will decrease exponentially in an s-curve to as low as 1 million tokens over time). This is due to our continuous coin burning algorithm. Terawatt will automatically use 50–75% of company profits earned from DAO entry/exit fees, and other to buy back and burn tokens daily.

Leverage blockchain technology to help reduce global lighting electricity consumption 50 percent (roughly 2000 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 like Bitcoin. Terawatt aims to tackle other renewable sectors like Solar, Wind, Electric Vehicles after proof of concept is achieved with L.E.D.s.

The mission of TeraWATT:

It's because of our sustainable coin burning algorithm. Terawatt will automatically use 50-75% of the company's profits earned from DAO entry / exit fees, profit-taking fees (such as exchanges), time decay fees, carbon tax data storage, carbon credits, and even affiliates L.E.D. sales commission to buy back and burn (LED) Token. It's similar to a BNB token, but they just burn every quarter, we'll burn 24/7.

And the problem to be solved : Inefficient light bulbs are creating both unnecessary greenhouse gas emissions, which are contributing to climate change, and unnecessarily exorbitant electricity bills for peoples and governments.

Features Provided

LED incentives

Terawatt Token will act as a reward system for every LED bulb buyer verified by Terawatt process pending patent. this will serve as an incentive for every user to purchase LEDs for home, business, or government use and verify buyers or users via an interface with Terawatt parties.

Data storage

The purchase transaction history of LEDs can be safely stored in the Terawatt ecosystem. This makes it easy for the purchasing entity to come back at tax time and have all Riwyat LED and other Energy Star Rated Purchases provided. for users who want to access the recording again will be in a very low token financing

Community-Based Management

Donated funds can be locked, and the global terawatt community will determine which project projects will be funded and the team will determine how much money the project needs.

Masternode

terawatt aims to have Masternodes when Ethereum Blockchain makes it possible to implement that. Masternode will be more helpful in improving security as well as decentralizing Terawatt.

DAO Funding

Each participant will add funds to DAO by using a tertiary token. All interested businesses and consumers can also buy LED tokens and participate in DAO. This is not only in the utility provider's only set, all businesses and consumers can also join it. because with this It will help increase the network effect, Law Metcalfe. Currently, the Team has decentralized funds that are getting more and more days as more and more number of token holders join.