TeraWATT is a patented process to renew and use renewable energy, with a focus on monetization and global LED lighting decision making. Terawatt will create DAO as well as deflationary, private (ZK-snarks) currency Ethereum for global payments. DAO will be financed and used by utility companies, LED vendors, businesses, token holders and energy consumers around the world.
DAO will act as a decentralized global mutual/insurance fund so that customers (and businesses) always have access to funding to subsidize the sales of LEDs to their energy consumers (or to modernize the business to LED solutions). The total volume of delivery: 100 million tokens.
Circulating supply: 65 million (the proposal will exponentially decrease by S-curve to 1 million tokens over time). This is due to our continuous algorithm of burning coins. Terawatt will automatically use 50 – 75% of the company’s revenue from DAO input/output fees and others for redemption and daily burning of tokens.
About Terawatt Company
We use blockchain technology to reduce electricity consumption in the world market by 20 percent (approximately 2000 terawatts) for 2035, and to increase output by 50 percent. Terawatt will also create a deflationary currency to compete with FIAT and digital alternatives such as Bitcoin. Terawatt seeks to address other renewable industries such as Solar, Wind, Electric vehicles, once proof of the success of the concept is achieved thanks to LEDs.
Terawatt will automatically use 50 – 75% of the company’s profits from DAO input/output fees, profit commissions (e.g. exchange), time-link commissions, carbon tax data storage fees, carbon credits and Even from the percentage of commission sales to redeem tokens. This is similar to the BNB token, but they burn tokens every quarter, we will burn 24/7.
Our customers and other businesses will want to accept our tokens for payments because our deflation level is much greater than all FIAT currencies, and most, if not all, crypto/tokens, as well as more private and secure with ZK-Snarks and Masternodes. Moreover, the more tokens that will be included in the DAO fund, the more votes, profits and rewards they can receive. This will further increase the value of the token due to the network effect. (Law Metcalfe).
Inefficient bulbs create both unnecessary greenhouse gas emissions that contribute to climate change and excessively exorbitant electricity bills for peoples and governments. Terawatt will help to solve this problem by adopting led Osveshheniesvetodiodnye solutions have never been more accessible or available than now. TeraWATT With several discount programs and incentives, more cities are making the transition to street lighting streets. And why not? As we all know, LEDs are energy efficient and durable, which means huge savings on power, as well as lower maintenance costs. But what about other benefits? such as the reduction of crime rates, safer areas, and overall improvement? This is all the advantages that led street lighting can offer compared to the orange glow of high-pressure street lighting (HPS), which still illuminates most of our streets and neighborhoods.
Why do we need a chain?
Create immutable decentralized, secure, private (ZK-snarks) deflationary currency with utility functions
-We need complex intellectual contracts to manage DAO;
-We need transparency, immutability, decentralization, and verification of all transactions performed on the platform;
-Extremely accurate process automation
-it is convenient to work with other Kriptoresursami in an increasingly digital world. Integration with other blockchain projects (product tracking, validation, ecosystem expansion, etc.)
-Ndezhnost and fault tolerance.
Example study: Los Angeles will reach $8.7 million. Annual Energy savings
Why LED? Benefits
-Turns on immediately like an incandescent bulb
-They remain cool to the touch even after use
-Work up to five times longer than CFL
-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 shades
“Low-energy light bulbs use less than 20% of the energy of a conventional light bulb and can run up to 15 times longer.” -Carbonfootprint.com
TeraWATT Our project will use Ethereum to release and create tokens mainly because it has a basic foundation that our technologies will implement. Terawatts will manipulate block contracts. Our token will be a standard ERC20 marker with some specific modifications. Our algorithms will confirm that the consumer has actually purchased light bulbs from a suitable seller and adds a transaction to the blockchain. Smart contracts will execute and manage the entire process.
Price Preico 1 LED = 0.30 USD
Price in ICO 1 LED = 0.40 USD
Minimum investment 0.2 ETH
Adoption of ETH
Distributed in ICO 65%
Softcap 500,000 USD
Hardcap 13,500,000 USD
DETAIL INFORMATION :
WhitePaper : https://terawattled.com/assets/Terawatt.pdf
My Ethereum Address: