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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
Private sale: June 2018
PreICO: July 2018
ICO: September 2018
Cap: $11,460,000
Competitors: None

Our Mission

Terawatt will create a DAO, and also a deflationary Ethereum-based, private (zk-SNARKS) currency for global payments. The DAO will be funded and used by Utility Companies, L.E.D. Sellers, Businesses, token holders, and energy customers worldwide. The DAO will act as a decentralized global mutual/insurance fund to ensure Utilities (and businesses) always have access to funding (which constantly runs out) for subsidizing L.E.D. sales to their energy customers (or for businesses upgrading to L.E.D.s).


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).

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 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

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. 12+ years of experience in operations, sales, and management. Worked at Fortune 100’s Verizon Wireless and Enterprise Holdings, was Director of Business Development for TBAviation, currently a U.S. Government Contractor who engineers custom aircraft coatings for sale to the D.O.D., and is a self-made business owner, cryptocurrency trader, investor, and blockchain enthusiast.
Morris H. Layton III COO B.S. in CIvil Engineering from University of Texas at Arlington. Morris has 10+ years of experience in civil engineering, business development, marketing, and event promotions. He has had the opportunity to work on software pre-launch, and promote affiliate products. He 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. 10+ years of experience developing software and Android and IOS apps. Expert in Solidity, Angular, Javascript. Has strong knowledge of the Software Development Lifecycle and building out business infrastructures. 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 multimillion dollar projects on time and within budget. Responsible for budgeting, design and support of all technologies.
Hase Takujira Advisor/Developer 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 others.
Shubham Tatvamasi DAO Architect/Advisor Shubham is the largest contributor to the Ethereum DAO and has been working on Blockchain technologies since 2015. He has contributed to the Bitcoin Blockchain, Ethereum, Hyperledger Fabric, Ethos, Abyss, Microsoft Azure, Zcash, Token Market, ChronoBank, Monero, Loom, Aragon, EthLend, Origin, EOS, and many others. Shubham also has experience with Decentralized Web Applications, Corporate Blockchains, Hedera Hashgraph, Decentralized Exchange Platforms, and CryptoCurrency Mining Servers. Shubham has helped many community events/meetups for Blockchain Devs, HyperLedger Delhi/NCR, CryptoCurrencyIndia, PyDelhi, ILUGD & volunteered/spoke 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 E​xpert in Solidity, advanced smart contract functionality, core 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 Helped build dozens of solar and renewable energy power plants around the world. CFO of Bitspace, one of Norway’s leading blockchain companies and EOS block producer candidate. Experienced investment professional with a track record of solid hands-on experience implementing tech projects in the financial, renewable energy and blockchain industries. 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.
Savio Gomez, Capt., PhD Strategic Advisor Savio has close to three decades of international and diverse experience in the Transportation & Technology field. He is a certified Blockchain & AI professional, a Master Mariner, has an MBA in international business / trade / logistics, among other degrees leading to a PhD. He is an auditor for various systems including ISO (9001,14001, 21500), OHSAS 18001, ISPS and a Marine Quality Inspector as well. Savio continues to be active advisor to a diverse range of projects. At Terawatt Savio advises in strategic matters like partnership​s, exchange listings, best practices, investor relations and helping us continue to scale globally.
Miikka Saloseutu Advisor Miikka is our strategic marketing advisor and an ICO Bench ranked advisor. He is a founder of​ ​icotokennews.com​ and​ ​cryptocoinjudge.com​ websites. He’s an experienced marketing professional with a demonstrated history of working in the internet industry with many challenging projects relating to Search Engine Optimization (SEO), venture capital investments, angel investments, E-commerce Optimization, Sales, Initial Coin Offerings, Crypto Currencies and Pay Per Click (PPC) marketing. He has his own internet marketing company Triplex Trading OU, which specialized in highly targeted SEO based affiliate marketing in the financial space and has grown exponentially in a last few years.
AnuDeep Advisor/Marketing Anudeep is a world-class blockchain and business consultant. As an active supporter and advocate of blockchain technology, he provides consultancy and advice to selected ICOs and has worked closely with successful ICO launches who have achieved their marketing, media and PR targets. Anudeep has worked with 30+ ICOs and blockchain based companies as a Growth Hacker and Marketing Strategisttributed to some of today's most promising blockchain companies where he has held advisory board positions.
Dr. David Meszaros Legal Dr. Meszaros is among the leading legal experts when it comes to all matters that arise at the intersection of blockchain and law. He has been the legal advisor for over 19 ICOs and assisted Fortune 500 companies with corporate and compliance matters alike. With a doctorate in law and many years of international legal experience, Dr. Meszaros guides TeraWATT through the regulatory maze of ICOs
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

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

July 2018

PreICO

Sep 2018

ICO

Oct 2018

DAO construction begins, 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

ICO Listings


Our Partners

Let's work together to substantially reduce greenhouse gases.
Click here to access the whitepaper now!

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