TERAWATT: LEVERAGES ON BLOCKCHAIN-TECH TO REDUCE GLOBAL LIGHTING ELECTRICITY CONSUMPTION.

adaoramma (46)in #blockchain • 6 years ago

A lot of issue face our ecosystem, crime rates, threats to world peace, even terrorism. Of all these, the biggest remains the constant depletion of the Ozone layer, by the emission of greenhouse gases, etc.

According to leading studies, electricity generation and uses is the largest source of greenhouse gas emissions around the world, leading to climate change and huge electricity bills.

This menace keeps gripping the world even as electricity costs keep skyrocketing costing governments and institutions huge amounts of monies, especially through the use of Hps lighting solutions.
Currently, grid overwork, high electricity costs, global warming are all issues that led to the introduction of Light Emitting Diodes LED. Evident electricity price drops and performance enhancements, the LED bulbs cut electricity usage by 85% equated to other luminous light bulbs and by 40% in comparison to fluorescent lights.

Leveraging on the solution Led introduces, Terawatt, a renewable energy blockchain powered startup, which will drive the LED solution adoption by
Creating a Decentralized Autonomous Organization, which is an independent running institution, decentralized in every sense, powered by Ethereum.

DAO symbolizes trust, just like fiat currencies, but this time on a decentralized note unlike fiat. The currency gives its holder some sort of shareholder’s rights. In addition to it providing fundings to industries and individuals to help them improve their current lights to led, it will also serve as transaction currency and an absolute verifiable data ledger. In its sense, it guarantees the decrease of high electricity charges, helps save the environment, and increase electricity production performance; in the same vein helping governments and businesses save money.

Proliferating the Terawatt token, which is an Ethereum styled cryptocurrency and it will be used as a payment solution. With the Terawatt token, users will have high voting stakes in the Dao.

With the Terawatt token, individuals and businesses will have direct access to cost efficient or even free LEDs, which will save costs, performance and save the climate.

Ultimately, the terawatt token aims to ensure Leds are spread through all areas of human livings, institutions, buildings etc.

Terawatts solution seeks to create a safer environment, reduced energy costs and lighting efficiency through the spread of led lighting solutions. It will gift tokens to consumers when they use their patent pending verification technology to ascertain actual led purchases, product tracking etc. proving that the terawatt token isn’t just about lighting.

FEATURES OF TERAWATT

Funding of sustainable lighting solutions across the globe purely decentralized via Dao.
The terawatt token which symbolizes trust and a value currency for transactions.

The token will serve as a reward system after user purchases and verification on the ppp
All purchase data and payments data will be stored on the platform, which will ensure accountability and easy access in any case of tax time verification. This stored record can be accessed for a small token fee. Etc.

To cap it all, DAOs funding will come via Utility Companies, L.E.D. Vendors, Industries, tokenholders, and energy consumers. Dao will serve as a means to provide real value for transactions in the Terawatt's ecosystem.

TOKEN INFORMATION

Token symbol "DAO"
Token total supply 100 million
Circulating supply 65,000,000 and every unsold token shall be burnt continuously.
Private sale: June 2018
PreICO: August 2018
ICO: September 2018
Soft Cap: $2,000,000