TERAWATT - Global LED Adoption Through Blockchain Technology

rajateguh10 (25)in #ico • 6 years ago (edited)

WHAT IS Terawatt

Terawatt may be a patent-pending, renewable energy blockchain startup, with a powerful concentrate on substantiation and driving international L.E.D. adoption. Terawatt can produce a DAO, and additionally a deflationary Ethereum-based, non-public (zk-SNARKS) currency for international payments. The DAO are funded and utilized by Utility firms, L.E.D. Sellers, Businesses, token holders, and energy customers worldwide. The DAO can act as a localized international mutual/insurance fund to make sure Utilities (and businesses) forever have access to funding (which perpetually runs out) for subsidizing L.E.D. sales to their energy customers (or for businesses upgrading to L.E.D.s).

Total Supply: one hundred Million Tokens

Circulating Supply: sixty five million (supply can decrease exponentially in associate degree s-curve fashion to as low as one million tokens over time). this can be thanks to our continuous coin burning rule. Terawatt can mechanically use 50-75% of company profits earned from DAO entry/exit fees, profit taking fees (like associate degree exchange), time decay fees, carbon tax information storage fees, purchase record access fees (for businesses mistreatment our tokens as payment), carbon credits, and even from affiliate L.E.D. sales commissions to redemption and burn (LED) Tokens. this can be almost like the BNB token, however they solely burn quarterly, we'll burn 24/7.

Utilities and alternative businesses can wish to just accept our tokens for payments as a result of our rate of deflation is way larger than all act currencies and most, if not all, cryptocurrencies/tokens whereas conjointly being additional non-public and secure with zk-SNARKS and masternodes once obtainable. they will conjointly scale back accounting prices as all dealings information are going to be keep firmly on the localised ethereum blockchain. moreover, the additional tokens they need to enter into the DAO fund, the additional pick power, profits, and staking rewards they will receive. this might any increase token worth thanks to the network impact. (Metcalfe's Law)

Why participate during this DAO? High likelihood of constructing profits, and to assist drive L.E.D. adoption and alternative enviro-friendly technologies

The Terawatt token offer can decrease exponentially with our continuous coin burning rule. Terawatt can mechanically use 50-75% of company profits earned from DAO entry/exit fees, profit taking fees (like associate degree exchange), time decay fees, carbon tax information storage fees, carbon credits, and even from affiliate L.E.D. sales commissions to redemption and burn (LED) Tokens. this can be almost like the BNB token, however they solely burn quarterly, we'll burn 24/7!

This may or might not mathematically cause token worth to greatly increase as we have a tendency to square measure decreasing offer, whereas conjointly increasing demand through selling and growing adoption. Ex: If a Utility company invests $10,000/month, in one year their account worth has presumably raised 200 from $120,000 to $360,000. they might withdraw half, or all, of their account balance to produce sponsored LED’s to their customers as required, or to fund alternative inexperienced initiatives, like solar, wind, energy star-rated materials.products, electrical vehicles, etc. Businesses and token holders will use their DAO profits to shop for L.E.D. bulbs which is able to scale back their utility bills, qualify them for state tax credits/rebates, and scale back greenhouse emissions. we are going to conjointly supply a token incentive for participants United Nations agency verify that they used profits for buying/selling L.E.D.s or connected technologies.

This is sort of a decentralized investment company, with the Terawatt token that powers it conjointly acting as a quick, private, secure financial currency which may be accepted at businesses and utility suppliers globally. can|it'll} add up for utilities and businesses to require payment in our tokens because it will enable them to feature a lot of tokens into the DAO, and doubtless greatly increase their profits. With the provision being very a lot of deflationary than enactment, and even than most alternative cryptocurrencies, it'll become extremely engaging as a payment currency.

Who will be a part of the DAO

All interested businesses and customers, not simply utility suppliers, should purchase diode tokens and participate within the DAO. this may facilitate increase the network impact (Metcalfe's Law) currently we've got a growing suburbanised fund as additional and additional token holders be a part of.

Token Utility

Used as a secure, non-public (zk SNARKS), fast, low cost, redistributed payment currency at Utility firms, light-emitting diode Bulb Sellers, and the other interested merchants

Allows entry to the DAO, staking/voting talents, powers the DAO system with Ethereum good Contracts

Allows access to redistributed immutable renewable tax information records (for alittle fee), used as money incentive to verify L.E.D. bulb purchases

Utility firms and alternative businesses are incentivised to require payment in light-emitting diode tokens as a result of can|they're going to|they'll} see however the extraordinarily deflationary nature of our token will seemingly increase the worth, and therefore the a lot of tokens they need entered into the DAO fund, the a lot of pick power, profits, and staking rewards they'll receive. this can more increase token price thanks to the network impact.

Token info