TERAWATT - Global LED Adoption Through Blockchain Technology
Terawatt is a startup renewable energy blockchain whose patent is patent, with a strong focus on monetization and encouraging the adoption of global LEDs. Terawatt will create DAO, as well as Ethereum, private (zk-SNARKS) based currencies 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).
Total Supply: 100 Million Tokens
Supply Circulated: 65 million (supply will decrease exponentially in s-curve mode to as low as 1 million tokens at all times). This is because of our continuous coin burning algorithm. Terawatt will automatically use 50-75% of the company's profits derived from DAO entry / exit fees, profit-taking costs (such as exchanges), time decay fees, carbon tax data storage costs, purchase record access fees (for businesses that use our tokens as payment), carbon credits, and even from sales commission LED affiliates to buy 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. They can also reduce accounting costs because all transaction data will be stored securely on the decentralized blockhere ethereum. Furthermore, the more tokens they have to put in DAO funds, the more power of voice, profits, and the prizes they can receive. This can further increase the token value due to network effects. (Metcalfe's Law)
Why participate in this DAO? High probability generates profits, and to help encourage the adoption of LEDs and other environmentally friendly technologies
The inventory of Terawatt tokens will decrease exponentially with our continuous coin burning algorithm. Terawatt will automatically use 50-75% of the company's profits derived from DAO entry / exit costs, 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!
This may or may not mathematically cause the value of tokens to be greatly increased because we reduce supply, while also increasing demand through increasing marketing and adoption. Ex: If a Utility company invests $ 10,000 / month, in one year the value of their account might increase by 200% from $ 120,000 to $ 360,000. They can withdraw some, or all, of their account balances to provide subsidized LEDs to their customers as needed, or to fund other green initiatives, such as solar, wind, energy starry materials, products, electric vehicles, etc. Businesses and token holders can use their DAO profits to buy LED lights that will reduce their electricity bills, qualify them for government tax credits / rebates, and reduce greenhouse emissions. We will also offer token incentives for participants who verify that they use profits to buy / sell LEDs
This may or may not mathematically cause the value of tokens to be greatly increased because we reduce supply, while also increasing demand through increasing marketing and adoption. Ex: If a Utility company invests $ 10,000 / month, in one year the value of their account might increase by 200% from $ 120,000 to $ 360,000. They can withdraw some, or all, of their account balances to provide subsidized LEDs to their customers as needed, or to fund other green initiatives, such as solar, wind, energy starry materials, products, electric vehicles, etc. Businesses and token holders can use their DAO profits to buy LED lights that will reduce their electricity bills, qualify them for government tax credits / rebates, and reduce greenhouse emissions. We will also offer token incentives for participants who verify that they use profits to buy / sell LEDs
It's like decentralized mutual funds, with Terawatt tokens that master it also acting as fast, personal, safe monetary currencies that can be accepted in global utility businesses and providers. It would be reasonable for utilities and businesses to take payments in our tokens because it would allow them to add more tokens to DAO, and potentially greatly increase their profits. With supply that is more deflationary than FIAT, and even from most other cryptocurrency, it will be very attractive as a payment currency.
Who can join DAO?
All businesses and consumers who are interested, not only utility providers, can buy LED tokens and participate in DAO. This will help increase network effects (Metcalfe's Law) Now we have a decentralized fund that continues to grow because more and more token holders join.
Utility Tokens
Used as a safe, private (zk SNARKS), fast, low cost, decentralized currency payments at Utility Companies, LED Lighting Sellers, and other interested traders
Enables entry into DAO, risking / choosing capabilities, empowering the DAO ecosystem with the Ethereum Smart Contract
Allows access to unchanged decentralized renewable tax records (at a small cost), used as financial incentives to verify the purchase of LED lights
Utility companies and other businesses will be given incentives to receive payments in LED tokens because they will see how the very deflationary nature of our tokens will likely increase prices, and the more tokens they have entered into DAO funds, the more voting power, profits, and stake out the gift they will receive. This will further increase the token value due to network effects.
Finance
Info
TokenLED
PlatformEthereum
TypeERC20 Token
Price preICO1 LED = 0.30 USD
Price in ICO1 LED = 0.40 USD
BONUS
Private sales: 0-100% Preico: 0-65% ICO: 0-35%
Tokens for sale65,000,000 Min
investment info
. investment0.2 ETH
AcceptingETH
Distributed in ICO65%
Soft cap500,000 USD
Hard cap13,500,000 USD
TokenLED
PlatformEthereum
TypeERC20 Token
Price preICO1 LED = 0.30 USD
Price in ICO1 LED = 0.40 USD
BONUS
Private sales: 0-100% Preico: 0-65% ICO: 0-35%
Tokens for sale65,000,000 Min
investment info
. investment0.2 ETH
AcceptingETH
Distributed in ICO65%
Soft cap500,000 USD
Hard cap13,500,000 USD
Roadmap
2017
Conception of the Project, white paper prepared, Patent submitted
December 2017
Team Building: CTO, COO and Advisor obtained
January 2018
Whitepaper / website, registered trademark, quoted on KICKICO
February 2018
The presence of the building, the Token Presale site is being developed
June 2018
Personal sales, more development and marketing
July 2018
I pray, DAO development
August 2018
ICO, token launch, wallet release, applies to exchanges
October 2018
DAO testnet, cellular portfolio, research partnership
December 2018
DAO's main online network, Masternode ad
February 2019
A fully functional user interface is released, fixes Mainnet
April 2019
Devcon, get more partnerships
May 2019
Verification of tax incentive receipts / utilities / development of LED tokens
July 2019
Expansion of the Terawatt LED ecosystem
Team:
For more details:
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Author by: thomas_sugiarto
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