Problem

ISSUE: Inefficient bulbs create unnecessary greenhouse gas emissions, which contribute to climate change, and electricity bills that are too high for communities and governments.

Global LED Adoption Through Blockchain Technology

We want to help aggressively encourage the adoption of LED Lighting by creating Decentralized Autonomous Organization (DAO) to be funded and used by major utility companies and energy customers worldwide.

"By 2015, the electricity sector is the largest source of US greenhouse gas emissions, accounting for about 29 percent of the total US The greenhouse gas emissions from electricity have risen about 4 percent since 1990 when electricity demand has risen and fossil fuels remain. dominant for generations. "- EPA

Private sale: June 2018

PreICO: July 2018

ICO: September 2018

Cap: $11,460,000

Competitors: None

Aim:

Take advantage of blockchain technology to help reduce global lighting consumption by 50 percent (about 2,000 Terawatts) by 2035, while also increasing output light by 50 percent. Terawatt will also create deflationary currency to compete FIAT and digital alternatives such as Bitcoin. Terawatt aims to address other renewable sectors such as Solar, Wind, Electric Vehicles after proof of concept is achieved with LEDs Method:

1) Terawatt will create a Decentralized Autonomous Organization (DAO), and also create a highly deflation-based Ethereum-based currency for global payments. The DAO will be funded and used by the Utility Company, LED Seller, Business, Token Holder, and Energy Customer worldwide. DAO will act as a global decentralized mutual fund / insurance to ensure Utilities (and businesses) always have access to funding (which is constantly exhausted) to subsidize LED sales to their energy customers (or for businesses that are increasing to LEDs).

This is a huge benefit for utility companies because they want 100 percent of their customers to have energy-saving lamps because of progressive network overload, forcing power companies to build (and maintain) expensive (Hundreds of millions of dollars) of power generation to meet demand. They are also mandated by government agencies (ie US Department of Energy and US Environmental Protection Agency) to improve LED adoption in their respective markets. Businesses want LEDs because they reduce electricity bills, increase light output, reduce maintenance costs, and qualify them for tax incentives. The initial cost is a problem, but Terawatt will help overcome this.

2) The Terawatt Token will also be used as a currency similar to an ETH business or utility company that will accept it as a payment method. DAO members with a business will want to receive Terawatt tokens as payouts as they will get increased voting / staking power at DAO, and therefore much more deflation than FIAT or other cryptocurrency due to the continuous coin burning structure, which equally potentially increases profitability.

Power companies, and other token holders, will buy into DAO with our tokens, we will charge 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 token every day (per transaction depends). With Terawatt, everyone and businesses can have uninterrupted access cheap / free LEDs that substantially reduce their purchasing costs, electricity

bill, improve global lighting efficiency, and in turn reduce global greenhouse emissions. The token (LED) will probably or may not exponentially increase its value because more power companies (and other energy buyers / customers) realize the benefits of using our tokens and join the DAO (Law Metcalfe), thus increasing demand while also reducing supply .

Through the utilization of DAO, key partnerships (We are actively pursuing collaboration and partnerships with utility companies globally) , defensive supplies, token incentives, and greedy marketing, Terawatt aims to help put LEDs in all commercial, industrial (streetlights), buildings and facilities governments and residences around the world and efficiently increase the turnover of less efficient Pantar, Metal Halide (MH), High Pressure Sodium (HPS), and Compact Fluorescent Lighting (CFL) to 100% LED illumination (Light Emitting Diode).

Token holders will also be able to find and utilize the applicable instant tax deductions, search for tax credits, and then safely store this purchase data on the network for future use in their tax filing. Participants can buy, sell, stock with masternodes (when available), sound, donation, or hold (LED) tokens, which will drive terawatt Ecosystems.

Our mission

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 buy back 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 masternodes 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)

Total Supply: 100 Million Token

Supply Circulated: 65 million

(supply will decrease exponentially in s-curve mode to as low as 1 million tokens at all times).

Features

Utilitas Token LED

Insentif LED

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.