Komunitas Hunter: TeraWATT

What is ICO?

ICO is a fundraising effort to build applications related to Blockchain and its implementations such as cryptocurrency, bitcoin, smart contract and smart ledger. ICO offers a number of tokens to investors that are usually valued by Cryptocurrency such as coin. These future tokens are expected to be of high value, depending on the success of the apps solving business problems.

What is BLOCKCHAIN?

Most of the world of cryptocurrency technologies such as Bitcoin rely on database forms with the advantage of being able to track large and secure transaction volumes. The technology used by many digital currencies is Blockchain.

Blockchain was first implemented in 2009, and was revolutionized with Blockchain 2.0 in 2014. Blockchain technology consists of blocks that hold transactions, where each block is interconnected through cryptography, thus forming a network.

Along with the development of digital universe, cryptocurreny in the future has become an increasingly attractive proposition in the market and may not have traditional banking infrastructure. Some developing countries in the world have even implemented a Blockchain-based national currency, such as Bitcoin, and the technology is also used by some large charity projects to help those without bank accounts.Blockchain also has the potential to be used outside the scope of digital currency, and attracts the interest of many traditional financial institutions to adopt.

Why do we need blockchain?

To create an immutable, decentralized, secure, private (zk-SNARKS) deflationary currency with utility functions
We need complex smart contracts to power the D.A.O.
We need Transparency, Immutability, Decentralization and verifications of all transactions performed on the platform
Extremely precise process automation
It becomes convenient to work with other cryptocurrencies in an increasingly digital world. Integration with other projects on blockchain (product tracking, verification, ecosystem expansions, and so on)
Reliability and fault tolerance

What is TERAWATT?

Terawatt is a patent-pending, renewable energy blockchain startup, with a strong focus on monetization and driving global L.E.D. adoption.

Terawatt aims to solve real world lighting problems by allowing everyone to own a LED bulb at work, at home or even in the streets.

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). Total Supply: 100 Million Tokens.

Circulating Supply: 65 million (supply will decrease exponentially in an s-curve 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, and other to buy back and burn tokens daily.

Problem lighting / solution

Inefficient light bulbs create both unnecessary greenhouse gas emissions that contribute to climate change, and unnecessarily exorbitant electricity bills for peoples and governments. Terawatt will help solve this problem by adopting LED lighting. LED solutions have never been more affordable or affordable than now. With several discount programs and incentives, more cities are making the transition to street street lighting. And why not? As we all know, LEDs are energy efficient and durable, which means huge savings on energy, as well as reduced maintenance costs. But what about the other advantages? Such as reducing crime, safer areas and overall improvement? These are all the advantages that LED street lighting can offer compared to the orange glow of high pressure street lighting (HPS), which still illuminates most of our streets and neighborhoods.

Decentralized Autonomous Organization Funding

The Benefit Of Using L.E.D

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 Features LED Token Utility

The Terawatt token will have several utility functions:

Used as a secure, private (zk-SNARKS), fast, low cost, decentralized payment currency at Utility Companies, LED Bulb Sellers, and any other interested merchants.
Allows entry to the DAO, staking/voting abilities, powers the DAO ecosystem with Ethereum Smart Contracts.
Allows access to decentralized immutable renewable tax data records (for a small fee), used as financial incentive to verify L.E.D. bulb purchases.
Incentive — The Terawatt Token/Currency acts as a reward for each L.E.D. bulb/fixture 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. ©2018, Terawatt Corp All Rights Reserved 36 6) Masternodes — When Ethereum makes it available. This will help to further secure and decentralize the Terawatt ecosystem, while providing benefits like residual rewards and DAO voting/staking power to token holders

Token and ICO Specifications

➣ Name: Terawatt Token

➣ Symbol Token: LED

➣ Platform: Ethereum

➣ Total Supply: 100.000.000 LED

➣ Tokens for sold: 65.000.000 LED

➣ Payment: ETH

➣ Token price of Pre-ICO: $0.30 USD

➣ Token price of ICO: $0.40 USD

➣ Softcap: 500,000 USD

➣ Hardcap: 13.500.000 USD

➣ Minimum investment: 0.2 ETH

➣ Private sales: June 2018

➣ Pre-ICO: July 2018

➣ ICO: September 2018

Description of the token

Our project will use Ethereum to release and create tokens mainly because it has a basic foundation that our technologies will implement. Teravatt will manipulate block contracts. Our token will be the standard ERC20 marker with some specific modifications. Our algorithms will confirm that the consumer actually purchased the light bulbs from the appropriate vendor and add the transaction to the block chain. Smart contracts will perform and manage the entire process.