TERAWATT : blockchain lighting up your surroundings
I have been using incandescent bulbs for a long time. The light that they emit makes me feel like home. But then, someone told me that incandescent lights are costlier than CFL's and have a lower value point. CFL's last much longer than incandescent lights and last as long as 13 times more than the traditional incandescent lights. I started using CFL's then.
Then I came to know that CFL's are just rip-off's of incandescent lights. Sure they use less power, but they are the same basically. LED's are the new thing. CFL's and incandescent lights heat up quickly and release a whole lot of greenhouse gases. These gases deplete the ozone layer and damage the environment.
Using LED's, I realized that the bulbs do not heat up and last longer than CFL's and last much longer than incandescent lights. CFL's and incandescent lights contain mercury in them which is very difficult to dispose and LED's are mercury free. LED's are costly but they provide the value. Now, everyone knows about blockchain. I never thought that blockchain can be used to reduce the lighting electricity consumption.
TERAWATT PLATFORM
Terawatt is a patent-pending, environmentally friendly, blockchain startup with the mission to monetize and facilitate mass a doption of LED lighting.Terawatt masternodes when available on ethereum and provides a patent pending LED purchase verification process.
Terawatt solves real world problem of rising greenhouse gases emissions from electricity production. Terawatt envisions a world where every building, every house and all public facilities use LED lights. In doing so, Terawatt will have to persuade people by offering token incentives, indulging in edacious marketing, utilizing DAO's and building partnerships.
People who invest in the project will have an added functionality to donate, stake, sell and buy or even retain their LED tokens. This will act as a fuel for the Terawatt platform.
ICO AND TEAM
The short name of the token is Led and there are 65,000,000 LED tokens up for sale in the ICO. The LED token is an ERC20 token on the ethereum network. Price of 1 LED token is 0.40 USD in the ICO.
The team is strong and diverse. I see the potential that they can very well justify this project. All members have their linked their LinkedIn profile which is a must. Also, the advisors are very strong and experienced with almost all of them being part of other ICO's as well.
CONCLUSION
The company wants to work towards a better atmosphere by promoting the use of LED lights across the globe. The idea is new and I am fairly impressed by the mission and vision of the project. Also, the team is working on a prototype which will be release soon. Presence of a prototype ensures that the project is not bogus. There are no competitors in the market, so, Terawatt will definitely get the first mover advantage. I am afraid to say that the whitepaper is not neat. Such a great idea deserves a better whitepaper. All in all, the project is good and supports a noble cause.
Website - https://terawattled.com/
Whitepaper - https://terawattled.com/assets/Terawatt.pdf
Telegram - https://t.me/TeraWattICO
ANN - https://bitcointalk.org/index.php?topic=4588781.0
Published by - jessicalaurenbt
Profile - https://bitcointalk.org/index.php?action=profile;u=1936052