Terawatt - Global LED Adoption Through Blockchain Technology

November 16, 2018 0




About Terawatt 

Use blockchain innovation to help diminish worldwide lighting power utilization 50 percent (about 2000 Terawatts) by 2035, while additionally expanding light yield by 50 percent. Terawatt will likewise make a deflationary cash to contend with FIAT and computerized choices like Bitcoin. Terawatt means to handle other inexhaustible segments like Solar, Wind, Electric Vehicles after confirmation of idea is accomplished with L.E.D.s.




Technique: 

Terawatt will make a Decentralized Autonomous Organization (DAO), and furthermore make an exceedingly deflationary Ethereum based money for worldwide installments. The DAO will be financed and utilized by Utility Companies, L.E.D. Merchants, Businesses, Token Holders, and Energy Customers around the world. The DAO will go about as a decentralized worldwide shared/protection reserve to guarantee Utilities (and organizations) dependably approach financing (which continually runs out) for sponsoring L.E.D. deals to their vitality clients (or for organizations moving up to L.E.D.s).

This is a noteworthy advantage to service organizations as they need 100 percent of their clients to have vitality effective lights because of dynamic framework over-burden, which powers control organizations to manufacture (and keep up) costly (Hundreds of a huge number of dollars) control plants to take care of demand. They are additionally commanded by government organizations (i.e. US Department of Energy and US Environmental Protection Agency) to build L.E.D. appropriation in their particular markets. Organizations need L.E.D.s on the grounds that they lessen power charges, increment light yield, decrease upkeep costs, and qualify them for duty motivating forces. The forthright expense was the issue, however Terawatt will help beaten this.

The Terawatt Token will likewise be utilized as a cash like ETH at any business or service organization that will acknowledge it as strategy for installment. DAO individuals with organizations will need to acknowledge Terawatt tokens as installment since they will increase expanded casting a ballot/staking power in the DAO, and on the grounds that it's significantly more deflationary than FIAT or different cryptographic forms of money because of nonstop coin consuming structure, which parallels conceivably expanded productivity.

The power organizations, and other token holders, will become tied up with the DAO with our tokens, we'll charge an expense for entering and leaving, and when they offer their position, we take a level of their benefits (like a common reserve or a trade does). We will take 50-75% of these benefits to buyback and consume our own tokens day by day (per exchange depending). With Terawatt, all individuals and organizations can have continuous access to economical/free L.E.D.s which generously diminishes their obtaining costs, power charges, increments worldwide lighting effectiveness, and thusly decreases worldwide nursery emanations.

The (LED) token will could possibly exponentially increment in incentive as more power organizations (and purchasers/vitality clients/different organizations) understand the benefits of utilizing our tokens and of joining the DAO (Metcalfe's Law), subsequently expanding interest while likewise diminishing supply.

Through DAO usage, key organizations (We are effectively seeking after coordinated efforts and associations with service organizations all inclusive), deflationary supply, token motivations, and insatiable advertising, Terawatt intends to help place L.E.D.s in all business, mechanical (road lights), government and private structures/offices worldwide and productively increment the changeover from less proficient Incandescent, Metal Halide (MH), High Pressure Sodium (HPS), and Compact Fluorescent Lighting (CFL) to 100% L.E.D. lighting (Light Emitting Diode).

Token holders will likewise have the capacity to discover and use relevant moment charge refunds, look for assessment credits, and after that safely store this buy information on the system for later use in documenting their duties. Members can purchase, offer, stake with masternodes (when accessible), vote, give, or hold (LED) tokens, which resolve the Terawatt Ecosystem.




Our Mission 

This is because of our persistent coin consuming calculation. Terawatt will naturally utilize 50– 75% of organization benefits earned from DAO passage/leave charges, benefit taking expenses (like a trade), time rot expenses, carbon impose information stockpiling charges, carbon credits, and even from subsidiary L.E.D. deals commissions to buyback and consume (LED) Tokens. This is like the BNB token, yet they just consume each quarter, we will consume all day, every day.

Utilities and different organizations will need to acknowledge our tokens for installments on the grounds that our rate of emptying is a lot more noteworthy than all FIAT monetary forms and most, if not all, digital forms of money/tokens while likewise being more private and secure with zk-SNARKS and masternodes when accessible. Moreover, the more tokens they need to go into the DAO finance, the all the more casting a ballot power, benefits, and staking rewards they can get. This will additionally build token incentive because of the system impact. (Metcalfe's Law)




The Lighting Problem/Solution 

Wasteful lights are making both pointless ozone harming substance discharges, which add to environmental change, and superfluously over the top power bills for people groups and governments. Terawatt will settle this issue by




Driving LED selection 

Driven lighting arrangements have never been more available or reasonable than now. With numerous refund projects and motivators, more urban areas are doing the change to LED road lighting. What's more, is there any good reason why they wouldn't? As we as a whole know at this point, LEDs are vitality productive and durable which implies tremendous funds on the vitality bill and additionally diminished support costs. Be that as it may, shouldn't something be said about alternate advantages? For example, decreased wrongdoing rate, more secure neighborhoods, and generally seen enhancement? These are largely benefits that LED road lighting can offer contrasted with the orangey shine of the high weight sodium (HPS) road lighting as yet enlightening the vast majority of our boulevards and neighborhoods.




For what reason do we require blockchain? 

To make a permanent, decentralized, secure, private (zk-SNARKS) deflationary cash with utility capacities

We require complex brilliant contracts to control the D.A.O.

We require Transparency, Immutability, Decentralization and confirmations of all exchanges performed on the stage

Greatly exact process robotization

It winds up advantageous to work with different cryptographic forms of money in an undeniably computerized world. Coordination with different ventures on blockchain (item following, check, biological community developments, et cetera)

Dependability and adaptation to internal failure

Contextual investigation: 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

Token info
Token LED
Platform Ethereum
Type ERC20
PreICO price ** 1 LED = 0.30 USD**
Price in ICO 1 LED = 0.40 USD
Investment info
Min. investment 0.2 ETH
Accepting ETH
Distributed in ICO 65%
Soft cap 500,000 USD
Hard cap 13,500,000 USD

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

Team

For more information

Author:
User Name: Md. Topajjul Hossen Rasel
https://bitcointalk.org/index.php?action=profile;u=2428898
My Ether Add: 0xDa049fB3fB68807d82BAcdD08908967da72C854B
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