LED Token Utility
Pre-Sale: October 2018,
Token sale: November 15,
Hard Cap: $11,500,000
Terawatt will create a DAO, and also a deflationary Ethereum-based, private (zk-SNARKS) token for global transactions. 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).
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)
- 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
“Low energy light bulbs use less than 20% of the energy of a conventional light bulb, and can last up to 15 times longer.”
Meet the Team
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
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.
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 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.
Jacob is a passionate blockchain advocate, miner, co-founder and CEO of Blockandinavia. The latter is one of the first software and IT consulting companies in Norway whose mission is to drive blockchain adoption at a big scale in the Nordics by bridging the gap between financial processes and technological innovation. Jacob has held top management and advisory board positions in numerous blockchain projects including CREDITS, BitSpace, BitGate, Diversus, Oasis and Beleafapp.com among others. Before devoting 100% of his time to blockchain and DLT, Jacob spent the last 3 years of his professional career developing and financing renewable energy projects across the globe. With his strong global network, renewable energies acumen and in-depth blockchain expertise, Jacob contributes towards advancing Terawatt’s vision of revolutionizing the global LED adoption.
Results-oriented Business Leader with 10+ years of entrepreneurial experience in the IT and Internet Technologies. Since 2016 focused on digital assets, becoming crypto enthusiast. Blockchain technology, bitcoin, ethereum and smart contracts have become for him the embodiment of the changes in which he must participate. Invested in different ICO’s and participated at several crypto projects as an advisor by joining to at various stages – from development of the project conception, tokenomics and marketing strategy to attracting investments and listing on crypto exchanges. Currently Roman is an Advisor and Private Investor in projects and startups which use blockchain technology. He is also an experienced specialist on ICO Strategy, member of the ICO TOP ADVISORS, Bitcoin Foundation and RACIB. Regularly attends the industry conferences and events as a public speaker where discussed the topics of blockchain, ICO and investing in cryptocurrencies. Advisor only if strongly believes in the project. NO compromises.
Savio Gomez, Capt., PhD
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 partnerships, exchange listings, best practices, investor relations and helping us continue to scale globally.
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.
Advisor Investor & Chairman, United Capital Investments. Antoun is an investment services professional with years of experience in Private Equity investments, venture capital and Blockchain Technology. He is currently building a new type of Private Equity Portfolio Fund based on the Blockchain technology and has already secured several project agreements including government backed contracts. Through his extensive network, he is bringing high value projects to the ICO market. Antoun brings expertise in JV negotiations, acquisitions, ICOs and venture financing deals. His portfolio currently includes diversified projects across several markets including Fintech, Green Energy, medical technology, industrial technology and IT.
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
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
Entrepreneur, Investor, Crypto enthusiast, Coach and Mentor. Carlo has gained
various experiences in various digital startups, helping raise millions of dollars
for various ICOs globally. Expert fundraiser with deep connections in the
Co-Founder of a media portal with 1M + active users per month. I hold 10+ years of IT experience and 6+ years in upper echelon management. In the present, I am CEO & Founder Crypto Launch, an agency of experts which helps startups and new brands to navigate in the World of the blockchain, strategize accordingly and align their ideas correctly with blockchain philosophies and token economies. Also, I am CEO & Founder of Web Dev Company Webinsight LLC, which is amongst TOP-10 companies in CIS Region, rated by ru-net rating agencies. Since 2017 I am COO of decentralized gaming PvP platform IQeon, which has raised more than 3.000 ETH in Token Sales to date. I have successfully taken an active part as an advisor globally, at the events, such as CryptoSpace (Moscow), Belarus Blockchain Conference (Minsk), Crypto BAZAR (Moscow), Blockchain Cruise Asia (Thailand), London Blockchain Week (London), Blockchain Economic Forum (Singapore), White Nights Conference (Prague), Decenter CryptoEvent (Minsk), Blockchain Economic Forum 2018 (San Francisco).
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