TeraWATT

TeraWATT

Created using Figma
Created using Figma

Last Update

Dec 11, 2018

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 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).
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Idex
    LED/ETH 2 days ago
    $ 0.0004
    -
    -
    -
  • TokenJar
    LED/WETH one month ago
    -
    -
    -
    -
  • Newdex
    LED/EOS one month ago
    $ 0.0152
    $ 2.132 K
    23.14%
    53.28%
  • DDEX
    LED/WETH 2 months ago
    $ 0.0015
    $ 0.6309
    -
    -
SALE
Jun 21, 2018
Jan 15, 2019
100% completed
$10 852 570
3.7 K
cap
goal
94% cap completed
Goal 2 000 000.00 USD
Cap 11 460 000.00 USD
past
  • 1 LED
    =
    0.4 USD
Token Details
Ticker
LED
Total supply
100000000
Token Distribution
Participant Sales - 65%;
Team and Advisors - 20%;
Growth and Incentives - 15%
Accepted Currencies
ETH, BTC
Min Contribution
0.2
ETH
Company Details
Registered Country
Netherlands
Bonus Structure
Up to 65%
Additional Details
MVP/Prototype
Yes
Platform
Ethereum
KYC
Yes
Categories
Energy

About TeraWATT

Goal:

Leverage blockchain technology to help reduce global lighting electricity consumption 50 percent (roughly 2000 Terawatts) by 2035, while also increasing light output by 50 percent. Terawatt will also create a deflationary currency to compete with FIAT and digital alternatives like Bitcoin. Terawatt aims to tackle other renewable sectors like Solar, Wind, Electric Vehicles after proof of concept is achieved with L.E.D.s.

Method:

Terawatt will create a Decentralized Autonomous Organization (DAO), and also create a highly deflationary Ethereum based 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 a major benefit to utility companies as they want 100 percent of their customers to have energy efficient lights due to progressive grid overload, which forces power companies to build (and maintain) expensive (Hundreds of millions of dollars) power plants to meet demand. They are also mandated by government agencies (i.e. US Department of Energy and US Environmental Protection Agency) to increase L.E.D. adoption in their respective markets. Businesses want L.E.D.s because they reduce electricity bills, increase light output, reduce maintenance costs, and qualify them for tax incentives. The upfront cost was the issue, but Terawatt will help overcome this.

The Terawatt Token will also be used as a currency similar to ETH at any business or utility company that will accept it as method of payment. DAO members with businesses will want to accept Terawatt tokens as payment because they will gain increased voting/staking power in the DAO, and because it's much more deflationary than FIAT or other cryptocurrencies due to continual coin burning structure, which equals potentially increased profitability.

The power companies, and other token holders, will buy into the DAO with our tokens, we’ll charge a fee for entering and exiting, and when they sell their position, we take a percentage of their profits (like a mutual fund or an exchange does). We will take 50-75% of these profits to buyback and burn our own tokens daily (per transaction depending). With Terawatt, all people and businesses can have uninterrupted access to inexpensive/free L.E.D.s which substantially decreases their purchasing costs, electricity bills, increases global lighting efficiency, and in turn reduces global greenhouse emissions.

The (LED) token will may or may not exponentially increase in value as more power companies (and buyers/energy customers/other companies) realize the advantages of using our tokens and of joining the DAO (Metcalfe’s Law), thereby increasing demand while also decreasing supply.

Through DAO utilization, key partnerships (We are actively pursuing collaborations and partnerships with utility companies globally), deflationary supply, token incentives, and voracious marketing, Terawatt aims to help put L.E.D.s in all commercial, industrial (street lights), government and residential buildings/facilities worldwide and efficiently increase the changeover from less efficient Incandescent, Metal Halide (MH), High Pressure Sodium (HPS), and Compact Fluorescent Lighting (CFL) to 100% L.E.D. lighting (Light Emitting Diode).

Token holders 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 with masternodes (when available), vote, donate, or hold (LED) tokens, which will power the Terawatt Ecosystem.

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.

TeraWATT 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
  • Read More
  • June 2018

  • Private Sale Launch, Development
  • July 2018

  • PreICO
  • Oct 2018

  • ICO, 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

Activity

Activity:
33
VERY LOW
Posts:
153
LOW
Views:
1 948
LOW
Activity:
1 615
VERY HIGH
Merit:
1 170
VERY HIGH
Posts:
1 875
VERY HIGH
Views:
31 290
VERY HIGH
Users:
879
VERY HIGH
Posts:
402
HIGH
Followers:
8 458
HIGH
Likes:
8 287
HIGH
Followers:
6 648
HIGH
Tweets:
399
HIGH
Fake Users Detected:
1.81%
30 Days Growth:
24
Members:
21 164
VERY HIGH
30 Days Growth:
-1206
Year commits:
28
Watchers:
1
Stars:
1
Forks:
3
Open issues:
0

TeraWATT Team

Verified 60%

Attention. There is a risk that unverified members are not actually members of the team

Evan William
CEO
verified
Morris H. Layton III
COO
verified
Jerome Raymond
CTO
verified
Shubham Tatvamasi
DAO Architect
unverified
Roy Davey
Lead Engineer
unverified

Advisors

Verified 31%

Attention. There is a risk that unverified members are not actually members of the team

Hase Takujiro
Blockchain Advisor
unverified

3 ICO

$28 000 000

David Meszaros
Legal Advisor
unverified
Jacob Salvador
Marketing Advisor
verified
Anudeep Reddy
Marketing Advisor
unverified

12 ICOs

$26 031 590

Savio Gomez
Strategy Advisor
verified
Miikka Saloseutu
Advisor
verified

18 ICOs

$68 237 991

Roman Karimov
Investment Advisor
verified

4 ICO

$10 869 752

Antoun Toubia
Advisor
unverified
Alexander Pavlov
Advisor
unverified
Mohamed Mousa
Strategy Advisor
unverified

12 ICOs

$21 276 282

Carlo Buonpane
Advisor
unverified

6 ICO

$28 000 000

Chen Si Yuan
Advisor
unverified

8 ICO

$23 842 887

Alexandre Orfevre
Investment Advisor
unverified

Former members

Ashley Chin Richards...
Advisor
Jules De Smit
Developer

TeraWATT Interviews

Evan William
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
CEO/Founder
Morris H. Layton III
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
My primary role is to stay on top of day to day operations and build relationships with government, electricity generation/ distribution companies, business entities, and everyday people.

The plan that we have is extremely sustainable for our world. All participants will reap benefits by reducing greenhouse gas emissions. It’s an exciting time to be a part of a prolific team in the blockchain technology and energy market.
Jerome Raymond
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
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
Jacob Salvador
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Few projects aim to solve real world problems and I believe that Terawatt's proposition not only tackles an environmental problem but it has the potential to drive blockchain adoption through incentives that will benefit both vendors and consumers. Having worked in the renewable energy industry developing utility scale projects around the world taught me that sometimes developmental impact needs the proper incentive to take off and often human intervention and interests from individuals is all it takes to stop it. Terawatt has created a decentralized autonomous organization that removes the human factor to the equation and if successful this can turn into a world scale success story.
Savio Gomez
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
TerawattLED wants 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. I am a Strategy Advisor for matters like partnerships, exchange listings, best practices, investor relations, assisting TerawattLED to continue to scale globally, etc!
Miikka Saloseutu
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Business Advisor
Roman Karimov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I joined this project as an Advisor, because I believe that such projects, provided they are properly implemented, have excellent prospects and a great future!

TeraWATT Last News

$ 0.0004
1.44%
Coin Stats
Daily, %:
1.44%
Weekly, %:
Monthly, %:
Market Info
Market Cap:
Volume 24h:
Circ. Supply:
0 LED
Ticker:
LED
ICO profit
X 0.0011
ICO Price~$0.4000
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