Terawatt Coin Free Air Drop and ICO Information

About Terawatt
Take advantage of blockchain technology to help reduce global lighting electricity consumption by 50 percent (around 2,000 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 such as Bitcoin. Terawatt aims to address other renewable sectors such as Solar, Wind, Electric Vehicles after proof of concept achieved with LEDs

Method:
Terawatt will create the Decentralized Autonomous Organization (DAO), and also create an Ethereum-based currency that is very deflationary 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 funding (which is constantly running out) to subsidize the sale of LEDs to their energy customers (or to increase business to LEDs).

This is a big benefit for utility companies because they want 100 percent of their customers to have energy-saving lamps because of the progressive overload of networks, which forces electricity companies to build (and maintain) expensive power plants (Hundreds of millions of dollars) to meet demand. . They were also mandated by government agencies (ie the US Department of Energy and the US Environmental Protection Agency) to increase adoption of LEDs 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 fee is a problem, but Terawatt will help overcome this.

The Terawatt Token will also be used as a currency similar to ETH in a business company or utility that will accept it as a payment method. DAO members with businesses will want to receive Terawatt tokens as payments because they will get increased voting / power tightening in DAO, and therefore far more deflation than FIAT or other cryptocurrency because of the continuous coin-burning structure, which is the same as the potential for increased profitability.

Electric companies, and other token holders, will buy DAOs with our tokens, we will charge fees for entry and exit, and when they sell their positions, we take a percentage of their profits (such as mutual funds or no exchanges). We will take 50-75% of this profit to buy back and burn our tokens every day (per transaction depends). With Terawatt, all people and businesses can have uninterrupted access to cheap / free LEDs that substantially reduce purchasing costs, electricity bills, increase global lighting efficiency, and in turn reduce global greenhouse emissions.

Tokens (LEDs) may or may not increase exponentially because more electricity companies (and buyers / energy customers / other companies) are aware of the benefits of using our tokens and joining DAO (Metcalfe Law), thereby increasing demand while also reducing inventory.
Through the use of DAO, key partnerships (We are actively pursuing collaboration and partnerships with utility companies globally), deflationary supplies, token incentives, and greedy marketing, Terawatt aims to help put LEDs in all commercial, industrial (street lighting), building lights government and housing / facilities around the world and efficiently increase the transition from inefficient incandescent, metal halide (MH), high pressure sodium (HPS), and compact fluorescent lighting (CFL) to 100% LED (Light Emitting Diode) lighting.

Token holders will also be able to find and take advantage of instant tax deductions that apply, look for tax credits, and then store these purchase data safely on the network for later use in filing their taxes. Participants can buy, sell, share with masternodes (if available), vote, donate, or hold (LED) tokens, which will drive the Terawatt Ecosystem.

Our mission is
because of our continuous coin burning algorithm. Terawatt will automatically use 50-75% of company profits derived from DAO entry / exit fees, profit-taking costs (such as exchanges), time decay costs, carbon tax data storage costs, carbon credits, and even from affiliate LED sales commissions for Repurchase and burn (LED) Tokens. This is similar to BNB tokens, but they only burn every quarter, we will burn 24/7.

Other utilities and businesses will want to receive our tokens for payments because our deflation rate is far greater than all FIAT currencies and most, if not all, temporary cryptocurrency / 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 power of voice, profits, and the prizes they can receive. This will further increase the token value due to network effects. (Metcalfe's Law)

Lighting / Solution Problems

Inefficient light bulbs create unnecessary greenhouse gas emissions, which contribute to climate change, and electricity bills that are too high for people and the government. Terawatt will help fix this problem

driving LED adoption

LED lighting solutions have never been more accessible or affordable than now. With several rebate and incentive programs, more cities are turning to LED street lighting. And why aren't they? As we all know now, LEDs are energy efficient and durable which means big savings on energy bills and reduced maintenance costs. But what about other benefits? Like reduced crime rates, a safer environment, and overall perceived improvements? These are all the benefits that LED street lights can offer compared to orangey light from high pressure sodium streetlights (HPS) that still illuminate most roads and our environment.

Why do we need a blockchain? 
To create an unchanged, decentralized, safe, private (zk-SNARKS) deflation currency with utility functions 
We need complex smart contracts to empower DAO 
We need Transparency, Conservation, Decentralization, and verification of all transactions carried out on the 
Automation process platform that It is very appropriate to 
be comfortable working with other cryptocurrency in an increasingly digital world. Integration with other projects on the blockchain (product tracking, verification, ecosystem expansion, etc.) 
Reliability and fault tolerance

CASE STUDY: LOS ANGELES ACHIEVED $ 8.7 MILLION ANNUAL SAVINGS

Why LED? 
Benefits
Turn on immediately, such as incandescent light bulbs 
They remain cool to touch even after use 
Hold up to five times longer than CFL 
No sensitivity to cold temperatures 
Do not contain mercury 
Some models can be used with dimmer switches 
Available in white, warm and bright white 
"Low energy light bulbs use less than 20% of conventional light bulb energy, and can last up to 15 times longer." -Carbonfootprint.com

Description of
our Project Tokens will use Ethereum to publish and create tokens mainly because it has the basic foundation that our technology will implement. Terawatt will manipulate the smart blockchain contract. Our token will be a standard ERC20 token with certain modifications. Our algorithm will verify that consumers have bought the appropriate light bulb from the seller and added transactions to the blockchain. Smart contracts will execute and manage the entire process.

Features

Token LED Token Info
Platform Ethereum 
Type ERC20

PreICO price ** 1 LED = 0.30 USD ** 
Price in ICO 1 LED = 0.40 USD

Investment info
Min. investment of 0.2 ETH 
Receives ETH 
Distributed in 65% ICO

Soft cap 500,000 USD 
Hard stamp 13,500,000 USD

Roadmap
2017 
Conception of the Project, Whitepaper was compiled, Patent Filed

December 2017 
Team Building - Acquires CTO, COO, and Advisor

January 2018 
White Book / Website, Brand Awarded, Registered at KICKICO

February 2018 
Building Existence, the Token Presale site is being developed

June 2018 
Private sale, more development and marketing

July 2018 
Preico, DAO construction

August 2018 
ICO, Token launch, wallet release, applies for exchange

October 2018 
DAO testnet, Cellular Wallet, Find Partnership

December 2018 
DAO mainnet online, announcement of Masternode

February 2019 
Full Functional User Interface Released, Mainnet improvements

April 2019 
Devcon, Get More Partnerships

May 2019 
Acceptance of Verification / Tax Incentive Utility / LED Token Development

July 2019 
Expansion of Terawatt LED Ecosystems

Team

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

Author by: thiokoentjoan123

https://bitcointalk.org/index.php?action=profile;u=1091812