TeraWATT Review

TeraWATT ICO - Global LED Adoption Through Blockchain Technology

Terawatt is a patent pending, renewable energy blockchain startup and the team focuses more on the global monetization and control LED sector. adoption. Terawatt's team will also make DAO Decentralized Autonomous Design Organization, as well as deflation-based Ethereum, private zk-snarks currency for global payments. DAO will be funded and will be used by Utility Companies, LED Sellers, Businesses, token holders, and energy customers around the world. DAOs will act as mutual funds or may be termed decentralized global insurance to ensure Utilities and businesses always have access to the enduring funding that is used to subsidize LED sales to their energy customers or to increase business to LED.

This is due to our continuous coin burning algorithm. Terawatt will automatically use 50–75% of company profits earned from DAO entry/exit fees, profit taking fees (like an exchange), time decay fees, carbon tax data storage fees, carbon credits, and even from affiliate L.E.D. sales commissions to buyback and burn (LED) Tokens. This is similar to the BNB token, but they only burn every quarter, we will burn 24/7.

Utilities and other businesses will want to accept our tokens for payments because our rate of deflation is much greater than all FIAT currencies and most, if not all, cryptocurrencies/tokens while also being more private and secure with zk-SNARKS and masternodes when available. Furthermore, the more tokens they have to enter into the DAO fund, the more voting power, profits, and staking rewards they can receive. This will further increase token value due to the network effect. (Metcalfe’s Law)

The Lighting Problem/Solution

Inefficient light bulbs are creating both unnecessary greenhouse gas emissions, which contribute to climate change, and unnecessarily exorbitant electricity bills for peoples and governments. Terawatt will help to fix this problem by driving LED adoption

LED lighting solutions have never been more accessible or affordable than now. With multiple rebate programs and incentives, more cities are making the switch to LED street lighting. And why wouldn’t they? As we all know by now, LEDs are energy-efficient and long-lasting which means huge savings on the energy bill as well as reduced maintenance costs. But what about the other benefits? Such as reduced crime rate, safer neighborhoods, and overall perceived improvement? These are all benefits that LED street lighting can offer compared to the orangey glow of the high pressure sodium (HPS) street lighting still illuminating most of our streets and neighborhoods.

The Benefits

• Light up immediately, like an incandescent bulb
• They stay cool to the touch even after use
• Last up to five times longer than CFLs
• No sensitivity to cold temperatures
• Do not contain mercury
• Some models can be used with a dimmer switch
• Available in soft, warm, and bright white hues

Token Description

Our project will use Ethereum to issue and create tokens mainly because it has the base foundation that our technology will implement. Terawatt will manipulate the blockchain smart contracts. Our token will be a standard ERC20 token with some specific modifications. Our 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.

Details of ICO TeraWATT:

Token: LED

PreICO Price:  1 LED = 0.30 USD

ICO Price: 1 LED = 0.40 USD

Bonus: Available

Platform: Ethereum

Accepting: ETH

Minimum Investment: 0.2 ETH

Soft Cap: 500,000 USD

Hard Cap: 13,500,000 USD

Country: Netherlands

Whitelist/KYC: KYC

Restricted areas: USA, China, North Korea, Syria, Iran, Iraq, Belize.

Roadmap

Roadmap

2017

Project Conception, Whitepaper drafted, Patent Filed

December 2017

Team Building- Acquired CTO, COO, and Advisor

January 2018

Whitepaper/Website, Trademark Granted, Listed on KICKICO

February 2018

Building Presence, Token Presale site under development

June 2018

Private Sale, more development and marketing

July 2018

PreICO, DAO construction

August 2018

ICO, Token launch, wallet release, apply to exchanges

October 2018

DAO testnet, Mobile Wallets, Seek Partnerships

December 2018

DAO mainnet online, Masternode announcement

February 2019

Fully Functional User Interface Released, Mainnet improvements

April 2019

Devcon, Acquire More Partnerships

May 2019

Receipt Verification/Tax Incentive Utility/LED Token Development

July 2019

Expansion of Terawatt’s LED Ecosystem

Team

 

For more information :

Ann Thread : https://bitcointalk.org/index.php?topic=4180151.0

Website : https://terawattled.com/

Whitepaper : https://terawattled.com/assets/Terawatt.pdf

Telegram : https://t.me/TeraWattICO

Facebook : https://web.facebook.com/pg/Terawatt/about/

Twitter : https://twitter.com/terawatt_led

Authore :

Ardiansaja

https://bitcointalk.org/index.php?action=profile;u=1010731

0x42698392A96EF9DB4bC17bc8bd3852Bf89418b4f