crypto: TERAWATT

What is Terawatt?
Terawatt wants to help develop the adoption of LED (Light Emitting Diode) lighting by creating a Decentralized Autonomous Organization (DAO) which will be funded and used by major utility companies and energy customers around the world. The use of LEDs needs special attention to reduce greenhouse gas emissions. Because in 2015 the contribution of greenhouse gas emissions in the electricity sector was around 29% in the US and other countries has increased by more than 4 x since 1990.

Terawatt aims to address other renewable sectors such as Solar, Wind, Electric Vehicles after proof of concept is achieved with LEDs and also Terawatt aims to help place LEDs in all commercial, industrial (street lighting), government and residential / facility buildings throughout the world and efficiently increasing turnover from less efficient Incandescent, Metal Halide (MH), High Pressure Sodium (HPS), and Compact Fluorescent Lighting (CFL) to 100% LED (Light Emitting Diode) lighting.

Terawatt will create a deflationary currency to compete with FIAT and digital alternatives such as Bitcoin and Terawatt tokens will also be used as currencies that are similar to ETHs in business companies or utilities that will receive it as a payment method for DAO members. With blockchain technology utilize to help reduce global lighting electricity consumption by 50 percent (around 2,000 terawatt) by 2035, while also increasing light output by 50 percent.

The main advantage of using LED lights is,

This type of lamp is able to emit bright light without draining a lot of electrical energy so it certainly will not make home electricity swell. Electricity consumption is needed by LED lights even more efficiently 80 to 90% compared to other types of lamps, aka saving electricity. Electrical energy to power this lamp can use alternative types of sources such as batteries and microhydra power using turbines that are assisted by hydropower.

However, LED prices are quite expensive. Therefore, I hope that TeraWATT will be able to produce LEDs at lower prices.

Back to the TeraWATT ICO discussion, Global LED Adoption Through Blockchain Technology. We want to help drive the adoption of LED lights aggressively by creating the Decentralized Autonomous Organization (DAO) to be funded and used by major utility companies and energy customers around the world.

LED method:

Terawatt will create a decentralized autonomy organization (DAO) and will also create a very high ethereum-based currency for global payments. The DAO will be funded and used by public service companies, LED sellers, companies, token holders and energy customers worldwide. The DAO will act as a decentralized global mutual fund / insurance to ensure that companies (and companies) always have access to finance (which is constantly depleted) to subsidize the sale of LEDs to their energy customers (or increase business to LEDs). )

This is a big advantage for public service companies who want 100 percent of their customers to have energy-saving lamps because of the progressive network load, which forces electricity companies to build (and maintain) expensive power plants (hundreds of millions of dollars) to meet demand. They are also mandated by government agencies (such as the US Department of Energy and the US Environmental Protection Agency) to increase adoption of LEDs in their respective markets. Companies want LEDs because they reduce their electricity bills, increase light production, reduce maintenance costs and meet their requirements for tax incentives. Initial costs are a problem, but Terawatt will help solve this problem.

The Terawatt Token will also be used as a currency similar to ETH in any company or utility company that will accept it as a payment method. DAO members with companies will want to receive Terawatt tokens as payment because they will get more voting power / shares in DAO, and therefore much more deflation than FIAT or other cryptocurrency due to the continuous structure of coins, which is equivalent to the potential for increased profitability.

Power generation companies and other token owners will buy DAO with our tokens, submit commissions for entry and exit, and when they sell their positions, we take a percentage of their profits (such as mutual funds or no exchange). We will take 50-75% of this profit to buy back and burn our tokens every day (depending on the transaction). With Terawatt, everyone and business can have uninterrupted access to cheap / free LEDs that substantially reduce purchasing costs, electricity, improve global lighting efficiency, and in turn, reduce global emissions from greenhouse gases.

Tokens (LEDs) can increase or not increase in value exponentially because more and more electricity companies (and energy / other companies / buyers) realize the benefits of using our tokens and join the DAO (Metcalfe's law), thus increasing demand and also reducing supply.

Through the use of DAO, a key partnership (we are actively pursuing partnerships and partnerships with global public service companies), offering deflation, symbolic incentives and greedy marketing, Terawatt aims to contribute in placing LEDs in all commercial buildings, industries (street lights), public and housing / installations around the world and efficiently increase the transition from less efficient to incandescent, metal halides (MH), high pressure sodium (HPS) and compact fluorescent lamps (CFLs) to 100% LED lamps (light emitting diodes).

Token holders will also be able to find and use the applicable instant tax deductions, search for a tax credit and then store this purchase data securely on the network for future use in tax filing. Participants can buy, sell, bet with token masternodes (if available), vote, donate or hold (LED), which will drive the Terawatt ecosystem.

Our mission

This is because of our sustainable coin burning algorithm. Automated maintenance uses 50-75% of company profits obtained from incoming / outgoing DAO fees, profit commissions (such as bags), decay, data retention taxes on carbon emissions costs, carbon credits and even from affiliate companies LED sales commissions for repurchase and burning (LED) tokens. This is similar to BNB tokens, but they only burn every quarter, we will burn 24/7.

Utilities and other companies will want to receive our tokens for payment because our deflation rate is much higher than all FIAT currencies and most, if not all, cryptocurrency / tokens are also more personal and secure with zk-SNARKS and masternodes when available. In addition, more tokens must include DAO funds, plus voting power, benefits, and prizes they can receive. This will further increase the token value due to network effects. (Metcalfe's Law)

Lighting Problems / Solutions

Inefficient lighting lamps create unnecessary greenhouse gas emissions, contribute to climate change and electricity bills are too high for people and the government. Terawatt will help you solve this problem

driving LED adoption

LED lighting solutions have never been more easily accessed or accessed from now on. With more discount and incentive programs, more cities are making the transition to LED street lighting. And why aren't they? As we all know now, LEDs are energy efficient and durable, which means huge savings on energy bills and reduced maintenance costs. But what about other benefits? How do you reduce crime rates, the safest environment and overall perceived improvement? These are all the benefits that LED street lights can offer compared to the orange light from high pressure sodium street lamps (HPS) that still illuminate most of our roads and environment.

HPS vs LED

LED Vs CFLs and Incandescent Lights:

Most people and businesses understand LEDs more efficiently, can reduce their electricity bills, and are generally better for the environment. However, most LED buyers do not realize that they can use local city / state tax deductions to reduce purchase prices by 50-80 percent, and also that they can apply for tax credits at the end of the year (as usual, consult with a local tax professional You). Look at the table below:

While the price for LED light bulbs is astronomical just a few years ago - more than $ 100 for a bulb - you can now pick up nuts, 60 watt LEDs that are equivalent to less than $ 5. They will become cheaper because of technological advances. Incandescent light bulbs are being removed: An almost complete ban on their sales starts in 2014 and will take full effect by 2020. Simply put, they waste a lot of energy and do not last long. Although CFLs are better than incandescents, LEDs are a superior option in each area. Modern CFLs also contain little mercury, which is very dangerous for your health and environment. That means it's bad news to solve it (this is how to clean it safely if you do it), and they should not be thrown in your ordinary household trash (here is how to recycle it). If this light bulb is not disposed of properly, mercury can contaminate the ground water we use as a source of drinking water. These are just a few of the severities we face if CFLs are not disposed of correctly.

DAO

Utility Token

Used as safe, private (zk SNARKS), fast, low cost, decentralized currency payments to Utility Companies, LED Light Sellers, and other interested traders

Allows entering DAO, risking / choosing capabilities, empowering the DAO ecosystem with the Ethereum Smart Contract

Allows access to data on decentralized renewable tax records that do not change (at a small cost), used as financial incentives to verify the purchase of LED lights

Utility companies and other businesses will be given an incentive to receive payments in LED tokens because they will see how the very deflationary nature of our tokens will likely increase prices, and the more tokens they have entered into DAO funds, the more voting power, profits, and stalk the gifts they will receive. This will further increase the token value due to network effects.

Finance
Token Info
TokenLED
PlatformEthereum
TypeERC20
The price of preICO1 LED = 0.30 USD
Prices in LED ICO1 = 0.40 USD
BONUS
Private sales: 0-100% Preico: 0-65% ICO: 0-35%
Token for sale65,000,000
Investment info
Min. investment0.2 ETH
AcceptingETH
Distributed in ICO65%
Soft cap of 500,000 USD
Hard cap 13,500,000 USD

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