Implementation of global LEDs through Blockchain technology

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We want to help actively promote the use of Light Emitting Diode (LED) by creating a DAO that will be funded and used by large utility companies and customers. Energy around the world.


About Terawatt

Take advantage of blockchain technology to reduce global lighting consumption by 50% (around 2,000 terawatts) by 2035, while increasing light output by 50%. Terawatt will also create a deflationary currency to compete with FIAT and digital alternatives such as Bitcoin. Terawatt aims to address other renewable fields such as solar, wind, and electric vehicles after proof of concept achieved with L.E.D.s.


Method

Terawatt will create a hierarchical self-governing organization (DAO), and also create a high-deflation-based Ethereum currency for global payments. DAO will be funded and used by utility companies, L.E.D. Sellers, Businesses, Token Owners and Energy Clients all over the world. DAO will act as a decentralized global / non-centralized insurance fund to ensure that Facilities (Entrepreneurship) always have access to funding (continuous exhaustion) for L.E.D. Sales to their energy customers (or for businesses upgrading to L.E.D.s).

This is a big benefit for utility companies when they want 100% of their customers to have energy efficient lights due to overloading the grid, forcing utilities to build (and maintain) expensive. (hundreds of millions of dollars) of power plants to meet demand. They are also mandated by government agencies (ie the US Department of Energy and the US Environmental Protection Agency) to increase L.E.D. through in their respective markets. Businesses like L.E.D.s because they reduce electricity bills, increase lighting output, reduce maintenance costs, and qualify for tax incentives. Prepaid expenses are a problem, but Terawatt will help fix this problem.

Through the use of DAO, important partnerships (We are actively pursuing cooperation and partnerships with utility companies around the globe), providing deflation, incentive token Terawatt aims to help bring LEDs to all commercial, industrial and residential buildings worldwide and increase conversion efficiency from less efficient Fiberglass, Metal Halide (MH), High Voltage Sodium (HPS), and Compact Fluorescent Lighting (CFL) to 100% Light Emitting Diode.

Electricity companies, and those with other token, will buy into the DAO with our token, we will charge you in and out, and when they sell their position, we get one billion Percentage of their profits (such as a mutual fund or an exchange). We will take 50-75% of this profit to buy and write our own cards daily (per transaction depending). With Terawatt, everyone and businesses have uninterrupted access to cheap / free LEDs, dramatically reducing purchase costs, electricity bills, increasing global lighting efficiency and reducing home gas emissions. global glass.

Holders of the token will also be able to find and use current tax breaks, seek tax credits, and then securely store this purchase data online for future use in paying taxes. . Participants can buy, sell, and share stocks by masternodes (when available), vote, donate, or keep (LED), which will power the Terawatt Ecosystem.


Our mission

This is due to our continuous burning algorithm. Terawatt will automatically use
50-75% of the company's profits are derived from DAO entry / exit fees, profit sharing fees (such as exchange), time decommissioning fees, carbon tax data storage charges, carbon credits and even from the LED branch Sales commissions for acquisition and recording (LED) Tokens. This is similar to the BNB token, but they only record each quarter, we will record 24/7. Utilities and other businesses will accept our tokens because the deflation rate is greater than all FIAT currencies and most, if not all, electronic money / cards while also own Private and more secure with zk-SNARKS and masternodes when available. Furthermore, the more cards they have to enter into DAO funds, the more voting power, the profits, and the fake rewards they can receive. This will increase the token value due to network effects. (Law of Metcalfe).


Why do we need blockchain?



  1. To create an immutable, decentralized, secure, private deflator (zk-SNARKS) with utility functions.
  2. We need complex intelligence contracts to power D.A.O.
  3. We need Transparency, Immutability, Decentralization and Verification of all transactions made on the platform
  4. Process automation is extremely accurate
  5. It becomes convenient to work with other cryptocurrencies in an increasingly digital world. Integrate with other projects on the blockchain (product tracking, verification, ecosystem expansion, etc.).
  6. Reliability and fault tolerance



Features LED notification utility

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LED incentives

The Terawatt Token will act as a reward system for every purchase of a LED lamp verified by our patented process. This serves as an incentive for users to buy LEDs for home, business or use
by the government and verify them through our interface


Data saving

LED purchase records can be stored securely in the Terawatt ecosystem. This allows the entity to buy back at the tax time and have all of their LED records and other star rated energy purchases available. The user pays a small fee to access the records.


Community-based management

Funds can be locked into a pool, and the global Terawatt community will vote / decide which projects will be funded and how much funding will be provided or set for these projects. .


Masternodes

We want Masternode when Ethereum Blockchain allows. Masternode will help to further secure and decentralize the Terawatt network.

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The Terawatt Group

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Roadmap

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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 : (D4ffyduck) https://bitcointalk.org/index.php?action=profile;u=1176088
Eth : 0x8dA58Af1485e05b431fA10B451a8985D3F18eD7D

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