Achieving Global L.E.D. Adoption Through Blockchain Technology

Our Mission

Terawatt will help aggressively drive L.E.D. lighting adoption by creating a Decentralized Autonomous Organization (DAO) that will be funded and utilized by major utility companies and energy customers worldwide. The DAO will ensure these entities always have access to funding (which always runs out) for subsidizing L.E.D. sales to their customers. The DAO will utilize smart contracts to execute, manage, and document these processes in a precise, efficient, manner, and will have smooth fluid-like payment gateways for all parties. The Terawatt token (LED ticker symbol) will power this ecosystem. Utility providers will be incentivized to direct their customers to purchase lights with (LED) tokens because they appreciate in value, and the customer will be incentivized to use (LED) tokens to get great deals on bulbs. The (LED) token will greatly increase in value as more power companies (and buyers) realize the advantages of using these tokens and of joining the DAO. As a result, more customers will purchase the appreciating (LED) token as it will be used as payment for their discounted bulb purchases through their utility providers portal. The power companies will also be paid in (LED) tokens by the DAO for using the service, on top of what the customers pay them, making them more money on sales, and they are being paid in an asset that appreciates substantially faster than FIAT currencies. This is a model that benefits all parties. Furthermore, the customer will save substantially when buying with (LED) tokens and gaining access to instant tax rebates offered by their, or another, provider, which often times are 80-100 percent less than normal retail price. Terawatt aims to help put LEDs in all commercial, industrial (street lights), government and residential buildings/facilities worldwide. Users will also be able to find and utilize applicable instant tax rebates, search for tax credits, and then securely store this purchase data on the network for later use in filing their taxes. Participants can buy, sell, stake, donate, or hold (LED) tokens, which will power the Terawatt Ecosystem.

In 2015, the electricity sector was the largest source of U.S. greenhouse gas emissions, accounting for about 29 percent of the U.S. total. Greenhouse gas emissions from electricity have increased by about 4 percent since 1990 as electricity demand has grown and fossil fuels have remained the dominant source for generation.”- EPA

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.

PROBLEM: Inefficient light bulbs are creating both unnecessary greenhouse gas emissions, which are contributing to climate change, and unnecessarily exorbitant electricity bills for peoples and governments.

MEET THE TEAM

CEO

Evan William Hidalgo

B.S. in Business Management from The State University of New Jersey at Montclair. Evan is an extremely driven entrepreneur with extensive experience and skills acquired from various business ventures. He is a self-taught cryptocurrency trader and investor, who helped develop the RSI Scanner Bot, and bootstrapped Terawatt, a patent-pending ICO that will better our world.

COO

Morris H. Layton III

B.S. in CIvil Engineering from University of Texas at Arlington. Morris has a thorough understanding of current infrastructure needs, and economics in funding maintenance, reconstruction and new construction. He is pro-sustainability and pro-tax savings. He joined this team to build client relationships with government authorities, individuals, and businesses.

CTO

Jerome Raymond

B.S in Software Engineering from the University of Texas at Dallas. Provides executive leadership as head of global IT. Responsible for all aspects of strategic IT planning, implementation, and support worldwide as an integral component of business plan. Managed and delivered multiple large scale projects on time and within budget. Responsible for budgeting, design and support of all technologies.


Advisor

Ashley Chin Richardson

Ashley is an attorney and entrepreneur who is actively involved in the cryptocurrency community as an investor, trader, and miner. In addition to her expansive technical understanding of blockchain fundamentals, Ashley currently acts as legal counsel and as a strategic advisor to projects and ICOs, including John Mcafee’s most recent ICO, Mcafee coin. She holds a law degree from American University Washington College of Law, and a MA in International Affairs from American University School of International Service.

WHY LED?

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  • 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

SOLUTION: Motivate as many entities and individuals as possible, through token incentivization, and rebate ulitization, to buy and use more efficient L.E.D. bulbs to reduce emissions and lower their electricity costs.

Terawatt Roadmap White

"Low energy light bulbs use less than 20% of the energy of a conventional light bulb, and can last up to 15 times longer." -Carbonfootprint.com

Let's work together to substantially reduce greenhouse gases.

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