TERAWATT - GLOBAL LED ADOPTION THROUGH BLOCKCHAIN TECHNOLOGY

kajiezunan (25)in #blockchain • 6 years ago

Hello everyone in this article I will present an interesting blockchain analysis, called Terawatt, based on some of the following criteria:

About Terawatt

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.

What is Terawatt?

Terawatt is a patent-pending, renewable energy blockchain startup, with a strong focus on monetization and driving global.

A Decentralized Autonomous Organization (DAO) will be created, in addition to a highly deflationary Ethereum based currency for global payments where the Terawatt Token will also be used as a currency because its much more deflationary than FIAT or other cryptocurrencies due to continual coin burning structure, which equals potentially increased profitability.

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).

So what is LED?

Light-Emitting Diode (LED) is a semiconductor device that emits light when an electric current is passed through it. Light is produced when the particles that carry the current (known as electrons and holes) combine together within the semiconductor material.

LED is more cheaper than the other light bulvs in the markets nowadays. You can also save energy consumption when you're using LED, your electricity bill won't go up. People can save money especially those who have their businesses.

Mission

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.

Why do we need blockchain?

To create an immutable, decentralized, secure, private (zk-SNARKS) deflationary currency with utility functions
We need complex smart contracts to power the D.A.O.
We need Transparency, Immutability, Decentralization and verifications of all transactions performed on the platform
Extremely precise process automation
It becomes convenient to work with other cryptocurrencies in an increasingly digital world. Integration with other projects on blockchain (product tracking, verification, ecosystem expansions, and so on)
Reliability and fault tolerance

Information on Token sale

Token= LED
PreICO is LIVE Price 1 LED = 0.30 USD
Price 1 LED = 0.40 USD
Platform= Ethereum
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

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

-Evan William the Founder and Chief Executive Officer. B.S. in Business Management from The State University of New Jersey at Montclair. 12+ years of experience in operations, sales, and management.

-The Chief Operations offer Morris Hallowell Layton III, with 10+ experience in civil engineering, business development, marketing, and event.

-Jerome Raymond the Chief Technical Officer, with B.S. in Software Engineering with 10+ years of experience developing software and Android and IOS apps. Expert in Solidity, Angular, Javascript. With other respected Team members and advisors.

For more information, please visit the link below:

Username : kajiezunan

Website : https://terawattled.com/

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

Facebook : https://m.facebook.com/Terawatt/about

Twitter : https://mobile.twitter.com/terawatt_led

Telegram : https://t.me/TeraWattICO

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

Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1902244

ETH : 0xeBB211593eE39170826E80Cf71b4Bc34E79aF88D