Global LED Adoption Through Blockchain Technology

We want to help aggressively drive LED (Light Emitting Diode) lighting adoption by creating a Decentralized Autonomous Organization (DAO) that will be funded and utilized by major utility companies and energy customers worldwide.
"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
 

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.

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 Problem

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.
The DAO

Centralized Funding vs. Decentralized Autonomous Organization Funding 

Token Contribution Charts

Token Utilization 




Meet the Team

 
Evan William CEO 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.
Morris H. Layton III COO 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.
Jerome Raymond CTO 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.
Hase Takujira Advisor/Developer Hase has a Master of Science in Distributed computing at The University of Tokyo. Previously a Full Stack Developer at Ubisoft Tokyo, and Blockchain Developer at| NashTech Japan with over 15 years of programming and blockchain development experience. Hase has recently worked on projects such as zaif.jp, bullxchange.io, psalm.io, CATS, COTN, and many others.
Shubham Tatvamasi Advisor/DAO architect Shubham is the largest contributor to the Ethereum DAO and has been working on Blockchain technologies since 2015. Some projects are: The Bitcoin Blockchain, Ethereum Development, Hyperledger Fabric, Chaincode, Solidity Smart Contracts, Decentralized Web Applications, Corporate Blockchains, Hedera Hashgraph, Decentralized Exchange Platforms, CryptoCurrency Mining Servers, Ethos, Abyss, Microsoft Azure, Zcash, Token Market, ChronoBank, Monero, Loom, Aragon, EthLend, Origin, EOS, and many others. Shubham is very active in the open source community, and helped many community events/meetups for Blockchain Devs, HyperLedger Delhi/NCR, CryptoCurrencyIndia, PyDelhi, ILUGD & volunteered in conferences like Global Blockchain Conference, PyCon India.
Roy Davey Lead Engineer Solidity, Ethereum, NEO, Blockchain expert with 8+ years of full stack web development experience including Python, Javascript, Ruby, PHP, GoLang, Django, AngularJS, Ruby on Rails, Laravel, React.JS. Deep knowledge in Cryptocurrency development (Ethereum, Smart Contracts), organization of ICOs, DAO creation, Cryptocurrency wallet and exchange development, Cryptocurrency Trading, Lending bots on Poloniex, Bitfinex, Bittrex, Solidity, Web3js, Truffle, and ERC20 tokens
Jules De Smit Developer Strong developer with deep experience in Javascript, React, Golang and Solidity. Experience handling and dealing with web APIs/RESTful APIs. Great interest in pushing Blockchain forward, recently worked on Bountyone.io, proficient at authoring smart contracts and creating DAPPS.
Jacob Salvador Advisor/Marketing Experienced investment professional with a track record of solid hands-on experience implementing tech projects in the financial, renewable energy and blockchain industries. CFO of Bitspace, one of Norway’s leading blockchain companies and EOS block producer candidate. His in-depth market knowledge within disruptive technologies has contributed to some of today's most promising blockchain companies where he has held advisory board positions.
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

"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
Roadmap

ICO Listings


Our Partners

Let's work together to substantially reduce greenhouse gases.
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