Terawattled use Blockchain Technology
Good morning brother en ‘sister !! This morning is very bright … And according to my promise last night, I will continue the discussion about this very promising company. Enjoy the discussion of my article !!!
Having a business is indeed a dream for some people. Quite often they will make various efforts to create all the best possibilities for their business. One of them is this project which has a good strategy to market their products. Well actually there are many projects out there that are good, but this project has a very different advantage that you can use to invest in long periods, therefore I will outline the way the project works …
Being the Best company in the whole world is an ideal for this project, an effective company that is already established. With such a large number of products, of course, it is an opportunity for the community to invest on a national scale to continue to develop its business. this project wants to be the best project in the whole world, not an impossible thing, because the resources owned by this company are very large.
The Best Company in all countries is not a figment, if community satisfaction can continue to be maintained, so that emotionally they will become loyal investors. Investor loyalty will have a positive impact on companies that want to continue to grow. The values obtained by investors from companies that provide the best service will be given a positive word of mouth, both through oral, and through existing media. The increasingly massive use of the internet with the presence of smart communication devices that are always connected (online) to cyberspace will have an impact on the development of this company. The increasingly practical middle class, will find a lot of information from the internet, which means that the use of search engines like Google will be even greater. Thus, the company’s strategy is to make investors interested in using services and investing in long periods. This is one of the right steps if you join us.
As an established company, this company is one of the pride of the whole world. Achievements have been achieved and the international level obtained by this company shows that potential deserves to be “the best company in the whole world”.
Only by buying here will you get these cool bonuses and complete packages that have ever existed for this product. If there is a FREE and get a bonus every purchase every day, why should you hesitate? Introducing a great business and not many people know, Only by buying products or tokens per day, you will get an extra bonus every day. “Wow, that really makes you friend” …
At present, the company’s industry is increasing and continuing to exceed expectations quickly, according to international companies, the global market is expected to reach $ 150 billion in 2018, driven by creativity on other smart devices. revenue is expected to produce high product quality on tablets and smart phones.
This amount will increase income in 2018, which is reported to reach approximately $ 200 billion and will consistently increase by 8.2% from 2016-2020. Based on this growth, revenue is expected to reach $ 250 billion by 2020 with a very significant significant increase.
Terawatt is a patent-pending, renewable energy blockchain startup, with a strong focus on monetization and driving global L.E.D. adoption. Terawatt will create a DAO, and also a deflationary Ethereum-based, private (zk-SNARKS) currency for global payments. The DAO will be funded and used by Utility Companies, L.E.D. Sellers, Businesses, token holders, and energy customers worldwide. 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). Total Supply: 100 Million Tokens. Circulating Supply: 65 million (supply will decrease exponentially in an s-curve to as low as 1 million tokens over time). This is due to our continuous coin burning algorithm. Terawatt will automatically use 50-75% of company profits earned from DAO entry/exit fees, and other to buy back and burn tokens daily.
Through DAO utilization, key partnerships (We are actively pursuing collaborations and partnerships with utility companies globally), deflationary supply, token incentives, and voracious marketing, Terawatt aims to help put L.E.D.s in all commercial, industrial (street lights), government and residential buildings/facilities worldwide and efficiently increase the changeover from less efficient Incandescent, Metal Halide (MH), High Pressure Sodium (HPS), and Compact Fluorescent Lighting (CFL) to 100% L.E.D. lighting (Light Emitting Diode).
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.
Terawatt will create a Decentralized Autonomous Organization (DAO), and also create a highly deflationary Ethereum based currency for global payments. The DAO will be funded and used by Utility Companies, L.E.D. Sellers, Businesses, Token Holders, and Energy Customers worldwide. 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).
This is a major benefit to utility companies as they want 100 percent of their customers to have energy efficient lights due to progressive grid overload, which forces power companies to build (and maintain) expensive (Hundreds of millions of dollars) power plants to meet demand. They are also mandated by government agencies (i.e. US Department of Energy and US Environmental Protection Agency) to increase L.E.D. adoption in their respective markets. Businesses want L.E.D.s because they reduce electricity bills, increase light output, reduce maintenance costs, and qualify them for tax incentives. The upfront cost was the issue, but Terawatt will help overcome this.
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 Terawatt Token will also be used as a currency similar to ETH at any business or utility company that will accept it as method of payment. DAO members with businesses will want to accept Terawatt tokens as payment because they will gain increased voting/staking power in the DAO, and because it’s much more deflationary than FIAT or other cryptocurrencies due to continual coin burning structure, which equals potentially increased profitability.
The power companies, and other token holders, will buy into the DAO with our tokens, we’ll charge a fee for entering and exiting, and when they sell their position, we take a percentage of their profits (like a mutual fund or an exchange does). We will take 50-75% of these profits to buyback and burn our own tokens daily (per transaction depending). With Terawatt, all people and businesses can have uninterrupted access to inexpensive/free L.E.D.s which substantially decreases their purchasing costs, electricity bills, increases global lighting efficiency, and in turn reduces global greenhouse emissions.
The (LED) token will may or may not exponentially increase in value as more power companies (and buyers/energy customers/other companies) realize the advantages of using our tokens and of joining the DAO (Metcalfe’s Law), thereby increasing demand while also decreasing supply. Token holders will also be able to find and utilize applicable instant tax rebates, search for tax credits, and then securely store this purchase data on the network for later use in filing their taxes. Participants can buy, sell, stake with masternodes (when available), vote, donate, or hold (LED) tokens, which will power the Terawatt Ecosystem.
|4||PreICO price||1 LED = 0.30 USD|
|5||Price in ICO||0.4000 USD|
|4||Tokens for sale||65,000,000|
|1||Min. investment||0.2 ETH|
|3||Distributed in ICO||65%|
|4||Soft cap||2000000 USD|
|5||Hard cap||11460000 USD|
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.
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
Why L.E.D.? (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
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)