Terawat: Global LED Adoption Through Blockchain Technology

robin.evergreen (-3)(1)in #cryptocurrency • 8 years ago

Intro:

Hi! Everyone. How are you? I hope that you all are fine by the grace of Almighty.
Today I am telling about the Terawatt Token. Which tag line is: Global Adoption Through Blockchain Technology. Ok let me tell about this.

In according the importance of Electricity, the Statistics shows that, In 2015, the electricity sector was the largest source of U.S. greenhouse gas emissions. And it is calculated that total accounting for about 29% (percent) of the U.S. total.
Emissions of Greenhouse gas from electricity have increased day by day. Its all about 4% percent since 1990. In that time electricity demand has grown up in the area and fossil fuels have remained the dominant source for generation.

About Terawatt (L.E.D):

Terawatt is a Ethereum based Cryptocurrency know as Zk-SNARKS currency. It will create this by the creating of DAO. It would be used for Global Payments. This DAO will be created and used by Utility Companies around the whole world. It is include L.E.D. Sellers, Businesses, token holders and energy customers all around the world. DAO will act as the the decentralized global insurance or token fund for ensuring Utilities and its related businesses.

Total Supply: 100 Million Tokens
Circulating Supply: 65 million
Private sale: Start on June, 2018
PreICO: Start on July, 2018
ICO: Start on September, 2018
Market Cap: $11,460,000 (USD)
Competitors: None

LED’s Future Activities:

Coin burning algorithm will be continuing here. No doubt, Terawatt which based on DAO, will automatically use 50-75% of company profits earned from DAO entry/exit fees. There are a huge number of fees are including. They are Exchange Fees, Time decay Fees, Carbon Tax data storage Fees, Carbon Credits, and even from L.E.D sales commissions which will come from Affiliate to buyback and burn LED token. LED token is like as BNB token. But not exactly this one. BNB burn every quarter, but LED will burn 24 hours a day and even every week.

LED token will be used to give utilities payment. Why it will use to accept for payments purposes of Utilities, because its deflation is more private and secure with a sharp zk-SNARKS. Actually it is said that, the more tokens they have, the more voting power, profits and staking rewards they will can earn easily. This activities will increase the value of Token in the further.

The Features:

There are a numerous number of features in the LED token. They are as follows:

LED Incentives
Terawatt Token will offers as a rewards system for each L.E.D. bulb purchase that's actually energy savings for environment and money savings for individuals.

Data Storage
LED purchase records will be safely in the Terawatt Ecosystem.

Community Based Governance
Terawatt community will vote/select/decide on what projects get funded which will collect from the donation funds and it will be locked into a pool.