Global LED Adoption Through Blockchain Technology
PreICO dates
Start date: 2018-06-21
End date: 2018-10-15
ICO dates
Start date: 2018-10-16
End date: 2019-01-15
Registrated in: Netherlands
Platform: Ethereum
Type: ERC20
PREMIUM ICO
Blockchain Platform
Business services
Energy
Energy/Utilities
Infrastructure
Smart Contract
Video
KYC passing required No |
Whitelist No |
Restriction for countries
Belize,Chile,Iran,Iraq,Singapore,USA
Price | $0.4 |
Price in PreICO | $0.3 |
Minimal investment | 0.2ETH |
Acceppting | BTC,ETH |
Bonus in ICO | Up to 65% |
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.
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.
Terawatt search trends in Google

entry/exit fees, (no exit fee if LED purchase is verified), profit taking fees (like an
exchange), carbon tax data storage fees, purchase record access fees (for businesses
using our tokens as payment), 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. They can also reduce accounting costs as all transaction
data will be stored securely on the decentralized ethereum blockchain. Furthermore, the
more tokens they have to enter into the DAO fund, the more voting power, profits, and
staking rewards they can receive. This may further increase token value due to the
network effect. (Metcalfe's La...

Table of Contents
Abstract………………………………………………………………………………………………………………………………...……..4
Market Data………………………………………………………………………………………………………………………………..6
Lighting Problem/Solution………………………...………………………………………………………………….......12
Funding Problem/Solution………………………………………………………………………………………………….23
DAO Economics……………………………………………………………………………………………………………………….26
DAO Technical Diagrams……………………………………………………………………………………………………..28
Token Description………………………………………………………………………………………………………...

Abstract
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:
1)
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).
...

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 an...

Market Data
1
“The rapid adoption of LEDs in lighting marks one of the fastest technology shifts
in human history,” Goldman Sachs stated in a new report.
The accelerated deployment of light-emitting diode (LED) bulbs is on track to save
U.S. consumers and businesses $20 billion a year in electricity costs within a decade,
which would lower U.S. CO2 emissions by some 100 million metric tons a year! The
growing global effort to speed up LED adoption could ultimately cut global energy costs
and carbon pollution 5 times as much.
Let’s look at some key charts and facts that illustrate the LED lighting “miracle,”
which is every bit as remarkable
—
and every bit as unheralded by the major
1
https://www.specgradeled.com/global-led-market-hit-42-7-billion-2020/
(c)2018, Terawatt Corp
All Rights Reserved
6
...

media
—
as the
solar miracle
, the
battery miracle
, and the
electric vehicle miracle
.
As recently as 2009, this country didn’t have even 400,000 installations of
common home LED bulbs, according to the November 2015 Department of Energy
report
“Revolution… Now The Future Arrives for Five Clean Energy Technologies.” And yet by
2012, we had 14 million
—
and by 2014 we had whopping 78 million installations.
This revolution has been driven by “sharp cost reductions and performance
improvements, relatively short replacement cycles for incumbent technologies, and
aggressive policy support (including bans on incandescent technology in major markets
such as the U.S., the E.U. and China),” as Goldman Sachs has detailed in its recent
reports on “
The Low Carbon Economy
.” <...

Currently the best LED bulbs cut electricity use by 85 percent compared to incandescent
light bulbs and by 40 percent compared to fluorescent lights. By 2020, Goldman expects
those savings to increase to over 90 percent and 50 percent respectively.
At the same time, LEDs can last for up to 5 years of nonstop use
—
or a few
decades
if used just a few hours a day. This is 50 times longer than incandescents and
some 3 to 7 times longer than fluorescents. At the same time, LED bulbs provide superior
light quality than compact fluorescent lights (CFLs). For all these reasons and more, GE
announced earlier this year
it would stop making CFLs “for the U.S. market and instead
focus its consumer lighting efforts on LED lamps.”
With the initial price dropping sharply while the ultra-low lifecycle costs also keep
dropping, you end up with a revolution
—
one that is happening even faster in the
United...

With such an unprecedented technology revolution, it’s no wonder that, in 2014,
the Nobel Committee
awarded
the Physics Prize to three scientists for their 1990s
invention of “efficient blue light-emitting diodes [LEDs], which has enabled a bright,
energy-saving white light source.”
And in case you think that one small product you can hold in the palm of your
hand can’t be a game-changer in the arena of energy and climate solutions, think again.
The nation’s total electricity bill for residential and commercial customers is now more
than
$320 billion
. Of that about
15 percent is lighting
—
nearly $50 billion a year.
Goldman Sachs projected last month that LED lights “are on track to cut power
consumption for lighting… by over 40 percent.” That would provide annual savings of
more than $20 billion for consumers and businesses within a decade. And that in t...
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
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
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