Hallo meet again with me sarta afdal, I will explain Blog I will introduce about TeraWATT project, and for more details let’s go to the following discussion:
About Terawatt
Terawatt is a patented renewable energy blockchain startup patent, with a strong focus on monetization and encouraging global LED adoption. Terawatt will create Decentralized Autonomous Organization (DAO), and also create a highly deflation-based Ethereum-based currency 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 fund / insurance to ensure Utilities (and businesses) always have access to (continuing-out) funding to subsidize LED sales to their energy customers (or to buy LEDs).
Our Mission
This is due to our continuous coin burning algorithm. Terawatt will automatically use 50-75% of company profits earned from DAO entry/exit fees, profit taking fees (like an exchange), time decay fees, carbon tax data storage fees, carbon credits, and even from affiliate L.E.D. sales commissions to buyback and burn (LED) Tokens. This is similar to the BNB token, but they only burn every quarter, we will burn 24/7.
Utilities and other businesses will want to accept our tokens for payments because our rate of deflation is much greater than all FIAT currencies and most, if not all, cryptocurrencies/tokens while also being more private and secure with zk-SNARKS and masternodes when available. Furthermore, the more tokens they have to enter into the DAO fund, the more voting power, profits, and staking rewards they can receive. This will further increase token value due to the network effect. (Metcalfe’s Law).
The Features
LED Token Utility
LED Incentives
Terawatt Token will act as a rewards system for each L.E.D. bulb purchase that’s verified by our patent-pending process. This serves as an incentive for users to purchase LEDs for home, businesses, or government use and verify them through our interface
Data Storage
LED purchase records may be securely stored in the Terawatt ecosystem. This allows the purchasing entity to return at tax time and have all of their LED and other Energy Star Rated Purchase records readily available. The user pays a small token fee to access the records again.
Community Based Governance
Donated funds may be locked into a pool, and the global Terawatt community will vote/decide on what projects get funded and how much funding will be provided or set on the side for these projects.
Masternodes
We aim to have Masternodes when the Ethereum Blockchain allows for it. Masternodes will help to further secure and decentralize the Terawatt network.
The DAO
Decentralized Autonomous Organization Funding
Why L.E.D.?
The Benefits
Light up immediately, like an incandescent bulb
They stay cool to the touch even after use
Last up to five times longer than CFLs
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 hues
Token Contribution Charts
Token Utilization
Details of ICO
Private sale: June 2018
PreICO: July 2018
ICO: September 2018
Cap: $11,460,000
Competitors: None
Total Supply: 100 Million Tokens
Circulating Supply: 65 million
(supply will decrease exponentially in an s-curve fashion to as low as 1 million tokens over time).