Presale is now LIVE!
Participate and get 100% bonus
Participate and get 100% bonus
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).
(supply will decrease exponentially in an s-curve fashion to as low as 1 million tokens over time).
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 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
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.
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.
We aim to have Masternodes when the Ethereum Blockchain allows for it. Masternodes will help to further secure and decentralize the Terawatt network.
Project Conception, Whitepaper drafted, Patent Filed
Team Building- Acquired CTO, COO, and Advisor
Whitepaper/Website, Trademark Granted, Listed on KICKICO
Building Presence, Token Presale site under development
Private Sale Launch, Development
DAO construction begins, Exchange Listing(s), Hire more Devs
Acquire key partnerships and meet with more Utility companies
Mobile Wallet release, continue development
Masternode and DAO testnet
Fully Functional User Interface Released, DAO Mainnet Online
Devcon and Acquire More Partnerships
Receipt Verification/Tax Incentive Utility/LED Token Development
Expansion of Terawatt’s LED Ecosystem into related sectors