TERAWATT comes to adopt global LEDs through blockchain technology, We want to help aggressively drive the adoption of LED Lighting (Light Emitting Diode) by creating Decentralized Autonomous Organization (DAO) to be funded and used by major utility companies and energy customers worldwide
Terawatt will create DAO, as well as deflation-based Ethereum, private (zk-snarks) currencies 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 / insurance fund 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).
It's because of our sustainable coin burning algorithm. Terawatt will automatically use 50-75% of the company's profits derived from DAO entry/exit fees, profit-taking fees (such as exchanges), time decay fees, carbon tax data storage fees, carbon credits, and even from affiliate LED sales commissions for buyback and burn (LED) Token. It's similar to a BNB token, but they just burn every quarter, we'll burn 24/7.
Other utilities and businesses will want to receive our tokens for payment because our deflation rate is much greater than all FIAT currencies and most, if not all, of the temporary cryptocurrencies/tokens, also become more private and secure with zk-SNARKS and master nodes when available. Furthermore, the more tokens they have to put in DAO funds, the more sound power, benefits, and stake stakes they can receive. This will further increase the token value due to network effects. (Metcalfe's Law)
Features Utility LED Token
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.
Our 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.
Token Information:
LED Token
Ethereum Platform
Type ERC20
Price preICO ** 1 LED = 0.30 USD **
Price in ICO 1 LED = 0.40 USD
Investment info
Min. 0.2 ETH investment
Receive ETH
Distributed in ICO 65%
Soft cap 500.000 USD
Hard cap 13,500,000 USD
INFORMATION DETAIL:
Website: https://terawattled.com/
Whitepaper: https://terawattled.com/assets/Terawatt.pdf
Telegram: https://t.me/TeraWattICO
AUTHOR: ALEX789
BTT:0x5f5f506A001A179b8eE67214a7754Bfe04ffadE0
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