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Description

Description


Terawatt is a patent-pending, renewable energy Blockchain startup, with a strong focus on monetization and driving global the L.E.D. adoption. To achieve this objective, Terawatt aims to create a Decentralized Autonomous Organization (DAO), and also 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 for subsidizing L.E.D. sales to their energy customers (or for businesses upgrading to L.E.D.s).

The LED token is an Ethereum-based (ERC20) cryptocurrency developed by the Terawatt. The LED is going to be used as a decentralized payment currency at Utility Companies, LED Bulb Sellers or other interested merchants. Additionally, it will allow entry to the DAO, staking/voting abilities, and powers the DAO ecosystem with Ethereum Smart Contracts.

 

Full Name Terawatt (LED)
Start Date N/A
Algorithm N/A
Proof Type N/A
Website https://www.terawattled.com
Twitter @Terawatt_LED
Facebook https://www.facebook.com/Terawatt/
Reddit https://www.reddit.com/r/terawatt_2018/
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


Terawatt is a patent-pending, renewable energy Blockchain startup, with a strong focus on monetization and driving global the L.E.D. adoption. To achieve this objective, Terawatt aims to create a Decentralized Autonomous Organization (DAO), and also 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 for subsidizing L.E.D. sales to their energy customers (or for businesses upgrading to L.E.D.s).

The LED token is an Ethereum-based (ERC20) cryptocurrency developed by the Terawatt. The LED is going to be used as a decentralized payment currency at Utility Companies, LED Bulb Sellers or other interested merchants. Additionally, it will allow entry to the DAO, staking/voting abilities, and powers the DAO ecosystem with Ethereum Smart Contracts.

Team:

  • Evan William: CEO. 
  • Morris H. Layton III: COO. 
  • Jerome Raymond: CTO. 
  • Hase Takujira: Advisor/Developer. 
  • Shubham TatvamasiDAO Architect/Advisor. 

Terwatt ICO began on September 15, 2018. The ICO token supply represents 65% of the total token supply, so there is a total of 65,000,000 LED tokens available, for 0.40 USD each. The ICO funding target is 500,000 USD, the funding cap is 11,460,000 USD and is expected to end on October 28, 2018 or when the funding cap is reached. Any unsold/remaining tokens will be burned.

Token Reserve Split (35%):

  • 20% Team and Advisors;
  • 15% Growth and Incentives;

Terwatt ICO campaign features a bounty and a bonus structure.

Bonus Structure:

  • up to 100% on the Private Sale;
  • up to 65% on the Pre ICO;
  • up to 35% on the ICO;
ICO Status Upcoming
Token Supply 100000000
Start Date 2018-09-15
End Date 2018-10-28
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) 0.40
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction Netherlands
Legal Advisers N/A
Blog https://medium.com/@terawattled
White Paper https://www.terawattled.com/assets/Terawatt.pdf