Hello everyone, If you are interested in joining the TERAWATT project, it is a good idea to read reviews that can help you get information that might help you see their vision and mission, the following:
It is estimated that widespread use of LEDs can generate savings of up to 348 TWh (terawatt / hour), annual electricity equivalent to the production of 44 large power plants, around 30 million dollars in savings. Because this has been a gradual elimination of incandescent lamps, imposed a sales ban starting in 2014 and will have a full effect in 2020. For this reason, companies and governments invest part of their capital in exchange for installing lights, but many of these institutions do not have the capital to pay for this work, and that's where Terawattled enters.
To be more precise: DAO or the Decentralized Autonomous Organization is a Start-Up that seeks to establish a platform where each member can develop and run applications that enable them to benefit both individually and collectively.
How are decentralized entities, there is no centralized organization to direct all operations or make major decisions, but all DAO members, in this case investors in LED tokens, can participate in them. Another interesting new thing is the voluntary combustion of LED tokens.
A light-emitting diode or LED is a light source consisting of semiconductor materials with two terminals. Kurt Lehovec, Carl Accardo and Edward Jamgochian interpreted this first LED mechanism in 1951, using a device that employs crystalline silicon carbide, with pulse and electric current generators, and in 1953 pure crystal variants.
Terawattled proposed the construction of an investment fund, on the Ethereum blockchain, to finance the installation project and change traditional lights with LED devices. The actual investment fund will be a DAO system, which works with mutual funds, but offers voting rights.
The ultimate goal of this project is to try to reduce energy consumption to 2,000 TWh of electricity use worldwide (around 50% of current total consumption), a task that is not simple, but is needed if we want to preserve the planet like that and how is that? Sales of tokens will begin on August 21, pre-sales will take place from June 21, and will last until July 7.
The project developer will repurchase the token with the benefits chosen for the next progressive combustion, so that the tokens have the possibility of more revaluations in the future.
Currently the team is negotiating with various agencies and public bodies, in order to achieve a collaborative process in the future, such as renewable energy companies or similar.
The maximum supply of tokens will be 100 million LEDs, of which 65 million will circulate, however, with progressive combustion, this figure is expected to decrease to one million LEDs. If you want more information you can go to their website and check out their whitepaper, or visit their Telegram, bitcointalk or Twitter channel
Turn on immediately, like an incandescent light bulb They remain fresh to touch even after use They last up to five times more than CFL No sensitivity to low temperatures Do not contain mercury Some models can be used with dimmer switches Available in soft, warm and bright white "Low-energy light bulbs consume less than 20% of the energy of a conventional light bulb and can last up to 15 times longer.
With more discount and incentive programs, more cities are making the transition 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? How to reduce crime rates, the safest environment and overall improvement felt? These are all the benefits that LED street lights can offer compared to orange light from high-pressure sodium streetlights (HPS) that still illuminate most roads and our environment.
Our project will use Ethereum to transmit and create tokens mainly because it has a basic foundation that will implement our technology. Terawatt will manipulate smart blockchain contracts. Our token will be a standard ERC20 token with certain changes. 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.
Token LED
- PreICO Price 1 LED = 0.30 USD
- Price 1 LED = 0.4 USD
- Bonus: Available
- Bounty: Available
- MVP/Prototype: Available
- Platform: Ethereum
- Accepting: BTC, ETH
- Minimum investment: 0.2 ETH
- Soft cap: 2000000 USD
- Hard cap: 11460000 USD
- Country: Netherlands
- Whitelist/KYC: KYC
- Restricted areas: USA, China, North Korea, Syria, Iran, Iraq, Belize.
ROADMAP
2017
Project Conception, Whitepaper drafted, Patent Filed
Dec 2017
Team Building- Acquired CTO, COO, and Advisor
Jan 2018
Whitepaper/Website, Trademark Granted, Listed on KICKICO
Feb 2018
Building Presence, Token Presale site under development
June 2018
Private Sale Launch, Development
Oct 2018
ICO, DAO construction begins
Dec 2018
Exchange Listing(s), Hire more Devs
Nov 2018
Acquire key partnerships and meet with more Utility companies
Jan 2019
Mobile Wallet release, continue development
Feb 2019
Masternode and DAO testnet
Mar 2019
Fully Functional User Interface Released, DAO Mainnet Online
Apr 2019
Devcon and Acquire More Partnerships
May 2019
Receipt Verification/Tax Incentive Utility/LED Token Development
Jan 2020
Expansion of Terawatt’s LED Ecosystem into related sectors
TEAM
To find out more. You can connect more with TERAWATT at the link below:
Website | Whitepaper | Ann Thread | Twitter | Facebook | YouTube | Telegram
Bitcointalk Username: samuraijin
Eth Address: 0x3f9bb3679f1B71F22d823992078244C87EF4D455
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