Terawatt - Global LED Adoption Through Blockchain Technology

About Terawatt

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 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.

Our Mission

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.

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)

CASE STUDY: LOS ANGELES REACHES ANNUAL SAVINGS OF $8.7 MILLION

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

"Low energy light bulbs use less than 20% of the energy of a conventional light bulb, and can last up to 15 times longer." -Carbonfootprint.com

Token Description

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.

The Features

• Reliability and fault tolerance

Advantages of LED lights

A light-emitting diode or LED is a light source consisting of a semiconductor material with two terminals. Kurt Lehovec, Carl Accardo and Edward Jamgochian interpreted this mechanism of the first LED in 1951, using an instrument that employs silicon crystal carbide, with pulse and current generators, and in 1953 a pure crystal variant.

Since then many have advanced to the maximum use of this technology, whose main advantage of all is known: lower energy consumption. The led lamp consumes about 80% less electrical energy than ordinary light bulbs, but that's not the only thing: lifetime-like qualities up to 50,000 hours, low maintenance costs or improved lamp quality choices make it more suitable than traditional light bulbs.

It is estimated that widespread use of LEDs can result in savings of up to 348 TWh (terawatt / hour), an annual electricity equivalent to the production of 44 large power plants, about 30 million dollars in savings.

Since this has been a gradual abolition of incandescent lamps, enacting a ban on sales beginning in 2014 and will have a full effect by 2020. For this reason, companies and governments invest part of their capital in exchange for their lamp installations, but many of these institutions do not have the capital to pay for this job, and that's where Terawattled comes in.

Info Token

LED Token

Ethereum Platform

Type ERC20

PreICO Price 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

Roadmap:

Establishment

Project 2017, Whitepaper compiled, Patent Filed

December 2017

Team Building - Acquires CTO, COO, and Advisor

January 2018

White Book / Website, Brand Given, Registered at KICKICO

February 2018

Building Present, Token Presale site is being developed

June 2018

Personal Sales, more development and marketing

July 2018

PreICO, DAO development

August 2018

ICO, Token launch, release wallet, apply for exchange

October 2018

DAO testnet, Mobile Wallet, Seeking Partnership

December 2018

DAO online mainnet, announcement Masternode

February 2019

Fully Functional User Interface Released, Mainnet repairs

April 2019

Devcon, Get More Partnerships

May 2019

Tax Reception / Incentive Verification / Token LED Development

July 2019

Expansion of Terawatt LED Ecosystem

Team:

Evan WilliamCEO

B.S. in Business Management from New Jersey State University in Montclair. 12+ years experience in operations, sales, and management. Working at Fortune 100's Verizon Wireless and Enterprise Holdings, is the Business Development Director for TBAviation, currently a US Government Contractor that fabricates aircraft-lined coatings for sale to DOD, and is a home business owner, cryptocurrency trader, investor, and blockchain fan.

Morris H. Layton IIICOO

B.S. in CIvil Engineering from the University of Texas at Arlington. Morris has more than 10 years experience in civil engineering, business development, marketing, and event promotion. He has the opportunity to work on pre-launch software, and promote affiliate products. He has a thorough understanding of current infrastructure needs, and economics in funding maintenance, reconstruction and new construction. He's pro-austerity and pro-tax savings. He joins this team to build client relationships with government, individual, and business authorities.

Jerome RaymondCTO

BS in Software Engineering from the University of Texas at Dallas. Over 10 years of experience developing Android and iOS software and apps. Expert in Solidity, Angular, Javascript. Have a strong knowledge of Software Development Life Cycle and build business infrastructure. Provide executive leadership as a global IT head. Responsible for all aspects of strategic IT planning, implementation, and support around the world as an integral component of business plans. Successfully and deliver millions of dollars on time and on budget. Responsible for budgeting, design and support of all technologies.

Hase TakujiraAdvisor / Developer

Master of Science in Distributed Computing at The University of Tokyo. Previously a Full Stack Developer at Ubisoft Tokyo, and Blockchain Developer at NashTech Japan with over 15 years of blockchain programming and development experience. Hase recently worked on projects such as zaif.jp, bullxchange.io, psalm.io, CATS, COTN, and others.

Shubham TatvamasiDAO Architect / Advisor

Shubham is the largest contributor to Ethereum DAO and has worked on Blockchain technology since 2015. He has contributed to Bitcoin Blockchain, Ethereum, Hyperledger Fabric, Ethos, Abyss, Microsoft Azure, Zcash, Token Markets, ChronoBank, Monero, Loom, Aragon, EthLend, Origin, EOS, and many others. Shubham also has experience with Decentralized Web Application, Corporate Blockchain, Hashgraph Hashgraph, Decentralized Exchange Platform, and CryptoCurrency Mining Server. Shubham has helped many community events / meetings for Blockchain Devs, HyperLedger Delhi / NCR, CryptoCurrencyIndia, PyDelhi, ILUGD

Roy DaveyLead Engineer

Solidity, Ethereum, NEO, Blockchain experts with 8+ years of complete web stack development experience including Python, Javascript, Ruby, PHP, GoLang, Django, AngularJS, Ruby on Rails, Laravel, React.JS. In-depth knowledge in the development of Cryptocurrency (Ethereum, Smart Contracts), ICO organization, DAO creation, Cryptocurrency purse and exchange development, Cryptocurrency Trade, Loan bot on Poloniex, Bitfinex, Bittrex, Solidity, Web3js, Truffle, and ERC20 tokens

Jules De SmitDeveloper

Expert in Solidity, sophisticated smart contract functionality, core developer with deep experience in Javascript, React, Goal and Solidity. Experience handling and handling web API / RESTful API. Great interest in pushing Blockchain forward, recently working on Bountyone.io, proficient in making smart contracts and making DAPPS

Jacob SalvadorAdvisor / Marketing

Help build dozens of solar and renewable power plants around the world. CFO Bitspace, one of the leading blockchain companies in Norway and EOS block producer candidate. Experienced investment professionals with direct practice experience track record that implements technology projects in the financial industry, renewable energy and blockchain. His deep market knowledge in disruptive technology has contributed to some of the most promising blockchain companies today where he has held the position of the advisory board

AnuDeepAdvisor / Marketing

Anudeep is a world-class blockchain and business consultant. As an active supporter and supporter of blockchain technology, he provides consultation and advice to selected ICOs and has worked closely with the successful launch of ICOs that have achieved their marketing, media and PR targets. Anudeep has worked with 30+ ICO and blockchain-based companies as Growth Hacker and Marketing Strategist donated to some of the most promising blockchain companies today where he has held the advisory board position

Dr. David MeszarosLegal

Dr. Meszaros is one of the leading jurists when it comes to all the things that appear at the crossroads of blockchain and law. He has been a legal advisor to more than 19 ICOs and assisted Fortune 500 companies with company issues and compliance. With a doctorate in law and many years of international law experience, Meszaros guides TeraWATT through the regulatory maze of ICOs

For more information:

• Website: https://terawattled.com/
• Whitepaper: https://terawattled.com/assets/Terawatt.pdf
• Ann Thread: https://bitcointalk.org/index.php?topic=4180151.0
• Telegram: https: // t .me / TeraWattICO
• Youtube: https://www.youtube.com/channel/UCNtUjNIRzbUQBK95dYinJhQ
• Facebook: https://m.facebook.com/Terawatt/about
• Twitter: https://mobile.twitter.com/terawatt_led

Name : Donny arrr

Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2330472

ETH Address : 0x2eb56cD651CBc1D8088AC385D0fF0960F950E41a