Thursday, December 13, 2018

TeraWATT Review


TeraWATT
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Hello, good night my friend. here I will introduce TeraWATT. Happy reading

What is Terawatt?
Terawatt is a new blockchain development that is created in order to renew the use of renewable energy sources, with special attention paid to the process of monetization and the driving of ecumenical adoption L.E.D.
A special token was created, which can be used as Terawatt a currency in commission to payment for something, in the partnership that will accept it. The users can accumulate, buy or sell tokens, which will be interacted in this system. In addition, the token will use the POS to preserve the environment and assist with emissions to the environment. Terawatt CBC Casper was created, this is a special method, which makes it possible to get many advantages in other ways than different traditional protocols. These advantages consist in the fact that users can keep the latency as long as they need it, while at the same time spending the most minimal and optimal costs.
Terawatt is a patent-pending, renewable energy blockchain startup, with a strong focus on monetization and driving global L.E.D. adoption. 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 like a decentralized global 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 and people to overcome the upfront cost of upgrading to L.E.D.s).

Terawatt Mission
Terawatt will create a DAO, and also a deflationaryEthereum-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).
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)

Terawatt Features
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.

Details of ICO TeraWATT:
Token: LED
PreICO Price:  1 LED = 0.30 USD
ICO Price: 1 LED = 0.40 USD
Bonus: Available
Platform: Ethereum
Accepting: ETH
Minimum Investment: 0.2 ETH
Soft Cap: 500,000 USD
Hard Cap: 13,500,000 USD
Country: Netherlands
Whitelist/KYC: KYC
Restricted areas: USA, China, North Korea, Syria, Iran, Iraq, Belize.

Roadmap
2017
Project Conception, Whitepaper drafted, Patent Filed
December 2017
Team Building- Acquired CTO, COO, and Advisor
January 2018
Whitepaper/Website, Trademark Granted, Listed on KICKICO
February 2018
Building Presence, Token Presale site under development
June 2018
Private Sale, more development and marketing
July 2018
PreICO, DAO construction
August 2018
ICO, Token launch, wallet release, apply to exchanges
October 2018
DAO testnet, Mobile Wallets, Seek Partnerships
December 2018
DAO mainnet online, Masternode announcement
February 2019
Fully Functional User Interface Released, Mainnet improvements
April 2019
Devcon, Acquire More Partnerships
May 2019
Receipt Verification/Tax Incentive Utility/LED Token Development
July 2019
Expansion of Terawatt’s LED Ecosystem

Team
Image result for terawatt bounty
Image result for terawatt bounty

For more information :

Authore :
Buk Man
0x54397f621506F0f982e197fFEbBb67dD8A44ce06

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