Terawatt  - Global LED Adoption Through Blockchain Technology (LED)
Token/Symbol
LED
Type
ERC20
Platform
Ethereum
Accepting
ETH
Token Count
100,000,000
Price
1 LED = 0.40 $

ABOUT

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).

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 Features LED Token Utility

LED Incentives

Terawatt Token will act as a rewards system for each L.E.D. bulb purchase that's verified by our patent-pending process. This serves as an incentive for users to purchase LEDs for home, businesses, or government use and verify them through our interface

Data Storage

LED purchase records may be securely stored in the Terawatt ecosystem. This allows the purchasing entity to return at tax time and have all of their LED and other Energy Star Rated Purchase records readily available. The user pays a small token fee to access the records again.

Community Based Governance

Donated funds may be locked into a pool, and the global Terawatt community will vote/decide on what projects get funded and how much funding will be provided or set on the side for these projects.

Masternodes

We aim to have Masternodes when the Ethereum Blockchain allows for it. Masternodes will help to further secure and decentralize the Terawatt 

The Problem

PROBLEM: Inefficient light bulbs are creating both unnecessary greenhouse gas emissions, which are contributing to climate change, and unnecessarily exorbitant electricity bills for peoples and governments.


Team


Evan William

CEO

B.S. in Business Management from The State University of New Jersey at Montclair. 12+ years of experience in operations, sales, and management. Worked at Fortune 100’s Verizon Wireless and Enterprise Holdings, was Director of Business Development for TBAviation, currently a U.S. Government Contractor who engineers custom aircraft coatings for sale to the D.O.D., and is a self-made business owner, cryptocurrency trader, investor, and blockchain enthusiast.


Morris H. Layton III

COO

B.S. in CIvil Engineering from University of Texas at Arlington. Morris has 10+ years of experience in civil engineering, business development, marketing, and event promotions. He has had the opportunity to work on software pre-launch, and promote affiliate products. He has a thorough understanding of current infrastructure needs, and economics in funding maintenance, reconstruction and new construction. He is pro-sustainability and pro-tax savings. He joined this team to build client relationships with government authorities, individuals, and businesses. 


Jerome Raymond

CTO

B.S. in Software Engineering from the University of Texas at Dallas. 10+ years of experience developing software and Android and IOS apps. Expert in Solidity, Angular, Javascript. Has strong knowledge of the Software Development Lifecycle and building out business infrastructures. Provides executive leadership as head of global IT. Responsible for all aspects of strategic IT planning, implementation, and support worldwide as an integral component of business plan. Managed and delivered multimillion dollar projects on time and within budget. Responsible for budgeting, design and support of all technologies.


Hase Takujira

Advisor/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 programming and blockchain development experience. Hase has recently worked on projects such as zaif.jp, bullxchange.io, psalm.io, CATS, COTN, and others.


Roy Davey

Lead Engineer

Solidity, Ethereum, NEO, Blockchain expert with 8+ years of full stack web development experience including Python, Javascript, Ruby, PHP, GoLang, Django, AngularJS, Ruby on Rails, Laravel, React.JS. Deep knowledge in Cryptocurrency development (Ethereum, Smart Contracts), organization of ICOs, DAO creation, Cryptocurrency wallet and exchange development, Cryptocurrency Trading, Lending bots on Poloniex, Bitfinex, Bittrex, Solidity, Web3js, Truffle, and ERC20 tokens

Roadmap

  • 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

White Paper

Investment Info
Accepting ETH
Token Info
Token LED
Platform Ethereum
Type ERC20
Token Price 1 LED = 0.40 $
Token Count 100,000,000
Schedule
Pre-Sale Start Date 2018-June-21
Pre-Sale End Date 2018-September-14
Crowd Sale Start Date 2018-September-15
Crowd Sale End Date 2018-October-28

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Terawatt - Global LED Adoption Through Blockchain Technology (LED)

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