TeraWATT ( ICO ) - Global LED Adoption Through Blockchain Tekhnology

hitamku (27)in #ico • 6 years ago

Electricity is the most important component of our community's existence. But strangely enough, it is the electricity production that is the largest source of greenhouse gas emissions. Almost one-third of dangerous emissions are electricity production. And this trend will only increase if nothing is done. And what can be done to reduce the release of harmful substances into the environment? One way is to reduce the amount of energy produced. But to do this, we need to use more modern and economical lighting. Before, everyone used an incandescent lamp, a little later, switched to a fluorescent light, then - to "housekeeper". Now the best way to save energy is the LED light.

TeraWATT is a patented renewable energy blockchain startup, with a strong focus on monetization and encouraging global LED adoption. Terawatt will create DAO, as well as the Ethereum-based, private (zk-SNARKS) 8 currency for global payments. DAO will be funded and used by Utility Companies, LED Sellers, Businesses, token holders, and energy customers worldwide. DAO will act as a decentralized global mutual fund / insurance to ensure Utilities (and businesses) always have access to (continuing-out) funding to subsidize LED sales to their energy customers (or to increase business to LEDs)

Why need blockchain?

To create a unstable, decentralized, secure, personal (zk-SNARKS) deflationary currency with utility function
Terawatt requires a complex intelligent contract to empower DAO
Terawatt requires Transparency, Impermanence, Decentralization, and verification of all transactions performed on the platform
The process automation is very precise
Be comfortable to work with other cryptocurrencies in an increasingly digital world. Integration with other projects in blockchain (product tracking, verification, ecosystem expansion, etc.)
Reliability and fault tolerance

Advantages of Using LED

Some advantages will be felt when using LE D on attraction by ordinary light.

Bright lights as incandescent lamps
Does not contain dangerous mercury when exposed to his speech
Some models of LE D lamps can switch to dimmers used with du
The temperature is cold and not hot when the ball touches LE D
More durable in appeal with ordinary CFL bulbs
The LE D lamp model is provided in 3 choices, white, light and warm.

LED lights have all these drawbacks practically nothing, and their positive side can be listed for a long time. For this reason, the team of crypto experts decided to create TeraWATT platform platforms, which should be an incentive for the introduction and use of LED lights. Using innovative blockchain technology, TeraWATT plans to reduce world energy consumption by 20% (about 2,000 terawatts) by 2035, and to increase light output by 50%.

Token Utility LED Features

LED incentives

Terawatt Token will act as a reward system for every purchase of a LED bulb verified by our pending patent process. This serves as an incentive for users to purchase LEDs for home, business, or government use and verify them through our interface

Data storage

Note purchasing LEDs can be stored safely in the Terawatt ecosystem. This allows the purchasing entity to return on tax time and has all of the LED records and other Energy Star Rated Purchases available. Users pay a small token fee to access the recording again.

Community Based Management

Donated funds can be locked into groups, and the global Terawatt community will choose / decide on what projects are funded and how much money will be provided or set aside for these projects.

Masternodes

We aim to have Masternodes when Ethereum Blockchain allows for that. Masternodes will help to better secure and decentralize Terawatt networks.

Utility companies and other businesses will be given incentives to receive payments in LED tokens as they will see how the highly deflated nature of our tokens will likely increase prices, and the more tokens they have put into DAO funds, the more voting power, and stalking the prizes they will receive. This will further increase the token value due to network effects.

The Terawatt project will use Ethereum to publish and create tokens primarily because it has the basic foundations that our technology will implement. Terawatt will manipulate the blockchain smart contract. Our Token will be a standard ERC20 token with some modifications. Our algorithm will verify that the consumer has purchased the bulb from the appropriate seller and added the transaction to the blockchain. The smart contract will execute and manage the entire process.

Info Token

Token: LED
Ethereum Platform
Type ERC20
Price preICO ** 1 LED = 0.30 USD **
Price in ICO 1 LED = 0.40 USD
Competitors: None
Presale: July 2018
Preico: August 2018
ICO: September 2018