Terawatt initial coin offering (ICO)

Global LED Adoption Through Blockchain Technology



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 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.

3.3
7 7 expert ratings
5
3.6
3.3
2.8
View rating distribution
Starts in 10 months ago
2018-10-16 - 2018-12-15
Token
LED
Type
ERC20
Bonus
Available
Price in ICO
1 LED = 0.40 USD
Platform
Accepting
Soft cap
2,000,000 USD
Hard cap
11,460,000 USD
Raised
0
preICO start
Jun 21, 2018
preICO end
Oct 15, 2018
ICO start
Oct 16, 2018
ICO end
Dec 15, 2018
More on ICO
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About Terawatt ICO

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.

Terawatt reviews

Aly Madhavji
Co-Founder of Global DCX | Top ICO Advisor | Angel Investor | Blockchain Entrepreneur
Rated on Jul 22, 2018
5
5
3
13%

Very interesting project that seems fairly unique. The team and vision are strong but the mainnet launch is on the roadmap. Look forward to seeing mainnet and potential adoption of this.

Igor Karavaev
ico advisor and investor
Rated on Jul 23, 2018
4
2
3
15%

The whitepaper is quite sloppy. Almost half of it is about general market trends and use cases. No competitive analysis with other ICOs and/or "FIAT" solutions, no business planning scenarios.

Cem Goksel Ozargun, MA, PMP, CSM, PSPO
Blockchain Advisor, Blockchain Expert, ICO Investor, Product Manager, Project Manager, Trader, Lecturer, Jack of All Trades
Rated on Aug 7, 2018
3
2
2
10%

It is good that the product helps the environment but I don't think it is feasible. Not in most countries in the world at least... Negative -

No MVP. Negative -

CEO's Linkedin profile link doesn't work. Rest of the co-founders are inexperienced. Negative -

Advisors are good. Positive +

Hype is great. There are 52k on telegram and 2k on twitter (however, this imbalance points to a possible bounty program) Positive +

65% of tokens are allocated to investors. Neutral +/-

Other minor stuff such as the design of website and whitepaper (it never fully loads btw), 100% bonus for contributors, etc. seem disturbing. Negative -

My personal hunch doesn't say very good things about this one.

Himanshu Chander
CEO of AMBCrypto |ICO advisor | Serial Entrepreneur | Inventor | Marketing Service |
Rated on Aug 30, 2018
5
5
5
5%

Product seems to be interesting and unique, team also has some good experience in the tech.

Let's see their product to check their work quality. Product is going to face very big challenges in many countries.

Dmitry Pshenin
Investor in Crypto currency | Mining | ICO Marketing |Social Media Strategist |
Rated on Sep 6, 2018
2
3
2
14%

Unfortunately I do not believe in the project. First, why blockchain is here? Secondly, the team consists mainly of advisors who are involved in other projects. Can't recommend for investment.

Suzat Fernandes
CFO & Co-Founder
Rated on Sep 12, 2018
3
4
3
11%

Terawatt is an interesting project with a unique vision. The platform needs to work on their whitepaper as the implementation of blockchain technology seems unnecessary. The team advisors are involved in various projects, which might help them make educated decisions. The team will need to focus their efforts on marketing and advertising to make this project a success. Waiting for the MVP.

PlumBot
ICO Analyzer Bot
Rated on Sep 15, 2018
0
0
0
33%


Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

Terawatt ICO price

Price in ICO

1 LED = 0.40 USD

Terawatt (LED) crypto

Terawatt coin

Terawatt token
LED
Terawatt type
ERC20
Terawatt platform

Terawatt (LED) value

Tokens for sale
65000000

Terawatt investment info

Accepting
Min. investment
0.2 ETH
Distributed in ICO
65%
Soft cap
2,000,000 USD
Hard cap
11,460,000 USD

Terawatt whitepaper

Terawatt team

Apply as an advisor

Evan William

CEO

Morris H. Layton III

COO

Jerome Raymond

CTO

Terawatt milestones

1
2017

WePower idea

2
Apr 2019

WePower idea

3
Dec 2017

WePower idea

4
Feb 2018

WePower idea

5
Feb 2019

WePower idea

6
Jan 2018

WePower idea

7
Jan 2019

WePower idea

8
Jan 2020

WePower idea

9
July 2018

WePower idea

10
June 2018

WePower idea

11
Mar 2019

WePower idea

12
May 2019

WePower idea

13
Nov 2018

WePower idea

14
Oct 2018

WePower idea

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