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Wednesday, February 13, 2019

TERAWATT - TERAWATT - Making Decentralized Autonomous Organizations (DAO)



Hello everyone, in this new post I want to introduce the Terawatt project, and for more details, let's just go to the following discussion:


About TeraWatt

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 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 buying L.E.D.s). 

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.

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

The DAO

Decentralized Autonomous Organization Funding


Token Contribution Charts
Token Utilization

Token Distribution
  • 65% - Participants Sales
  • 15% - Growth and Incentives
  • 20% - Team and Advisors
Allocation
  • 40% - Marketing
  • 30% - Development
  • 20% - Operation
  • 10% - Legal
ROADMAP
Our priorities as a business and where we're taking Terawatt LED next.

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
August 2018 - PreICO
Oct 2018 - ICO, DAO Construction Begins
Nov 2018 - Acquire Key Partnerships And Meet With More Utility Companies
Dec 2018 - Exchange Listing(S), Hire More Devs
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




To find more relevant details please follow several sources for the following references:

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