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
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 |
Terawatt - Global LED Adoption Through Blockchain Technology (LED)
Top Raised ICOs - Ending soon
Ending: 30 September
Ending: 15 October
Ending: 07 September
Ending: 01 October
Ending: 30 September
Ending: 14 September
Ending: 31 October
Ending: 30 October
Ending: 15 September
Ending: 06 September
ICOs being viewed at the moment
Ending: 30 September
Ending: 18 September
Ending: 20 September
Ending: 31 October
Ending: 14 October
Ending: 31 December
Ending: 15 November
Ending: 14 December
Ending: 15 October
Ending: 30 September
Ending: 09 September
Ending: 01 April
Ending: 31 October
Ending: 30 September
Ending: 01 December