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Terawatt - The Era to Adopt LED Globally

Terawatt: The Era to Adopt LED Globally - Hello everyone, on this occasion, we will explain about a very good project, which is about the Terawatt platform. For the explanation, we will explain in this article.

Terawatt Team

Evan William (CEO)
Morris H. Layton III (COO)
Jerome Raymond (CTO)
Shubham Tatvamasi (DAO Architect)
Roy Davey (Lead Engineer)
Hase Takujiro (Blockchain Advisor)
Jacob Salvador (Marketing Advisor)
David Meszaros (Legal Advisor)
Anudeep Reddy (Marketing Advisor)
Savio Gomez (Strategy Advisor)
Miikka Saloseutu (Advisor)
Roman Karimov (Investment Advisor)
Antoun Toubia (Advisor)
Paulau Aliaksandr (Advisor)
Mohamed Mousa (Strategy Advisor)
Carlo Buonpane (Advisor)
Chen Si Yuan (Advisor)
Alexandre Orfevre (Investment Advisor)


What is Terawatt?

Take advantage of blockchain technology to help reduce global lighting electricity consumption by 50 percent (around 2,000 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 such as Bitcoin. Terawatt aims to address other renewable sectors such as Solar, Wind, Electric Vehicles after proof of concept achieved with LEDs.


Terawatt Mission

This is because of our continuous coin burning algorithm. Terawatt will automatically use 50-75% of company profits derived from DAO entry / exit fees, profit-taking costs (such as exchanges), time decay costs, carbon tax data storage costs, carbon credits, and even from affiliate LED sales commissions for Repurchase and burn (LED) Tokens. This is similar to BNB tokens, but they only burn every quarter, we will burn 24/7.

Other utilities and businesses will want to receive our tokens for payments because our deflation rate is far greater than all FIAT currencies and most, if not all, temporary cryptocurrency / tokens also become more private and secure with zk-SNARKS and masternodes when available. Furthermore, the more tokens they have to put in DAO funds, the more power of voice, profits, and the prizes they can receive. This will further increase the token value due to network effects.


Lighting Problems and Solutions

Inefficient light bulbs create unnecessary greenhouse gas emissions, which contribute to climate change, and electricity bills that are too high for people and the government. Terawatt will help fix this problem.


Operating LED Adoption

LED lighting solutions have never been more accessible or affordable than now. With several rebate and incentive programs, more cities are turning to LED street lighting. And why aren't they? As we all know now, LEDs are energy efficient and durable which means big savings on energy bills and reduced maintenance costs. But what about other benefits? Like reduced crime rates, a safer environment, and overall perceived improvements? These are all the benefits that LED street lights can offer compared to orangey light from high pressure sodium streetlights (HPS) that still illuminate most roads and our environment.


Why Do We Need A blockchain?

Here are the reasons why we really need a blockchain system to be accessible:
  • To create an unchanging, decentralized, safe, private (zk-SNARKS) deflationary currency with utility functions.
  • We need complex smart contracts to empower DAO.
  • We need Transparency, Conservation, Decentralization, and verification of all transactions carried out on the platform
  • Very precise process automation.
  • It becomes convenient to work with other cryptocurrency in an increasingly digital world. Integration with other projects on the blockchain (product tracking, verification, ecosystem expansion, etc.).
  • Reliability and fault tolerance.


Explanation

On the road there is unprecedented heat, so it's not about him leaving, but about lights, without electricity anywhere. One of the first tasks for which the solution is electricity is lighting. The first light bulb in the world was discovered by a Russian engineer, the inventor of A.N. Lodygin in 1874. Since then, this household item has become the norm of life, slightly modified.

Now there are many types of lights: incandescent, fluorescent, LED, xenon and others. But until now the most widespread were incandescent lamps, and in large places using luminescent as more economical.

But unfortunately all the lights used today have their drawbacks. For example, traditional incandescent lamps consume a lot of electricity, even though the costs are very low. And thus, ubiquitous use provides a significant burden on the grid, and therefore this requires high energy costs.

The use of fluorescent lamps is less energy intensive and they are more durable. But their recycling is very time consuming and non-ecological processes because of the use of mercury vapor and other heavy metals. Accidentally damaged lights will require urgent sanitation at the location, and the disposal of these lights will seriously pollute the environment. A similar problem occurs when using different energy saving lamps.
Recently, LED light bulbs have been introduced, which do not have these disadvantages. The principle of operation is based on the use of semiconductors, when passing through the current through it, visible light is emitted. Therefore the name - "LED lights". From the outside, it is structurally very similar to traditional incandescent lamps, only such lamps do not use inert gas, mercury vapor, and other harmful substances. Therefore, if they are damaged, there is no contamination of the room. They are the most wasteful of energy, and until now, light bulbs with enough power have been produced for lighting the room. Disposal of the lamp can be done simultaneously with the disposal of office equipment.

For this reason, the TeraWatt site is created by a crypto-investor team, which should stimulate the use of light bulbs like that. This platform will bring together the producers, utilities and consumers of these lamps. This site will function as an insurance fund, which will subsidize the production of LED lights. For this, the LED token starts as a payment facility.

LEDs will be used for prizes for every purchase of LED lights. This will serve as an incentive for users to buy LEDs for home, business or government use and also serve through TeraWatt services.


Financial

Token Info
  • Token: LED
  • Platform: Ethereum
  • Type: ERC20
  • PreICO price: 1 LED = 0.30 USD
  • Price in ICO: 0.4000 USD

Bonus
  • Private sale: 0-100%
  • Preico: 0-65%
  • ICO: 0-35%
  • Tokens for sale65,000,000

Investment Info
  • Min. investment: 0.2 ETH
  • Accepting: BTC, ETH
  • Distributed in ICO: 65%
  • Soft cap: 2000000 USD
  • Hard cap: 11460000 USD


Roadmap

2017
  • Project Conception, Whitepaper drafted, Patent Filed

Dec 2017
  • Team Building - Acquired CTO, COO, and Advisor

Jan 2018
  • Whitepaper/Website, Trademark Granted, Listed on KICKICO

Feb 2018
  • Building Presence, Token Presale site under development

June 2018
  • Private Sale Launch, Development

July 2018
  • PreICO

Oct 2018
  • ICO, DAO construction begins, Exchange Listing(s), Hire more Devs

Nov 2018
  • Acquire key partnerships and meet with more Utility companies

Jan 2019
  • Mobile Wallet release, continue development

Feb 2019
  • Masternode and DAO testnet

Mar 2019
  • Fully Functional User Interface Released, DAO Mainnet Online

Apr 2019
  • Devcon and Acquire More Partnerships

May 2019
  • Receipt Verification/Tax Incentive Utility/LED Token Development

Jan 2020
  • Expansion of Terawatt’s LED Ecosystem into related sectors


Reference Source

Official Information

Author Infomation
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