Terawatt: Starting an ecological movement with the application of Blockchain Technology for the LED lighting market


Ever since the Light Emitting Diodes (LEDs) started marking its place in the market, even deeper today, many have already benefitted from its energy-efficient capability and long-lasting shelf life. These capabilities allowed it to drive many businesses, residential houses and even technological applications to make use of it and bring its capabilities and efficiencies into much bigger applications.
If you are one of those consumers who are already lighting up their houses with LEDs, you should be proud of yourself to be able to contribute to the lessening of global warming caused by fossil fuel driven power stations. Also, it is already not new to us how the world is slowly getting deprived by electricity supply. Many grids and electric companies could no longer keep up with the ever increasing energy needs of consumers.
Through the use of LEDs, consumers will be hitting three birds in one stone – cost efficiency, lessening pollution and slowing down power demand to ensure tomorrow’s supply. With the thought of leveraging Blockchain Technology to allow mass utilization of LEDs and reduce energy consumption while increasing light output, the minds behind Terawatt has given us a hope to make all these possible.
The team behind Terawatt has only one big ambition in mind and that is to allow a mass adoption of LED consumption worldwide. And With bigger goals of lessening energy demands and having a greener tomorrow in mind, the team is opening an opportunity for people to join them in achieving their goal by introducing a Decentralized Autonomous Organization (DAO).
Through the introduction of DAO to the public, this will ensure a safe place for Terawatt in the market. This is to be funded and utilized by Utility Companies, LED producers and retailers, businesses, token holders and energy consumers worldwide. Backed by the application of Smart Contracts, the time to make every establishments and houses lighted by LEDs will no longer be a long time to wait.
The DAO will also serve as a source of funding to ensure that businesses and utilities will be able to continuously make use of or upgrade to LEDs by having a secured fund.
Terawatt’s DAO Funding
So why enter Terawatt’s DAO funding? Simply because this is where token holders get to involve others with the benefits of using LEDs and drive a better tomorrow, as well as it also serves as an opportunity to invest in a market that has a strong hold and possibility of bigger growth.
But why will it drive bigger economic growth? Various applications have already proved the cost-effectiveness of LED utilization. Because it consumes little energy yet offers higher light outputs, it is one agent of lessening energy demands which makes power companies really happy. Its ability to allow families save and businesses to save even more have brought forth savings of $3,260 for households over its lifespan and millions of dollars annually for bigger LED applications.
Another area where LED utilization is indeed helpful is for public safety. Streets lit with LEDs have brighter pathways and clearer visibility for drivers and the public to pass through. Photos below show the differences between HPS lighting over LED lighting.
Your migration to LED lighting may not be abrupt as long as you keep your goals in mind. It would also be helpful to note that LEDs can light your place for about 20,000 to 50,000 hours. Calculating your cost saved with this performance will give you real savings. Also, for about 50% lesser energy consumption, you are also giving an equivalent support to help save our environment from harmful greenhouse gases emitted by our current and traditional power grids.
It might be true that if we are to see the effect in a smaller picture, we’ll see little to no significance. But with the hours ticking and seeing it in a bigger or worldwide picture, the world will be benefitting a lot from people’s utilizations and migration to LED lighting.
Terawatt’s DAO Fund Economic Model
So the DAO ecosystem by Terawatt will serve both as a trading and exchange platform. Token holders will get the chance to be a part of the DAO fund and vote how and where investments should be laid to leverage sales and real returns and as the cycle goes on the value of the Terawatt’s token, LED Token, will increase in value.
A DAO token holder will have the benefit to submit a proposal stating where funds should go, how much should go and how it should go in exchange for a product or service provided by a Service Provider – energy companies for example. Then a voting process will commence where token holders get to choose whether to accept a proposal, alter few things or cancel a proposal. This process allows autonomous governance over the DAO fund ecosystem and empowers every token holder for their individual rights and benefits.
Once a proposal gets to the development stages, the chosen service provider will have a safe funding source to actualize the project proposal and empower LED’s mass adoption. The last phase is the deployment stage. This is when the project is already ready for mass utilization and token holders can now have their return of investments.
With Terawatt’s DAO, we are all given a chance to invest and make an impact to the world. The LED market is one great stepping stone to start and ecological movement.
Terawatt Token Sale Details
Token: LED
PreICO Price: 1 LED = 0.30 USD
Price: 1 LED = 0.40 USD
Platform: Ethereum
Soft cap: 500,000 USD
Hard cap: 11,460,000 USD
Country: Netherlands
Restricted areas: USA, China, North Korea, Syria, Iran, Iraq, Belize.
To get the latest updates on this ICO, visit their official social media pages and view their website and whitepaper.

Author: wily27
address : 0x31F5A81e9a6C8295423bDBDCC572a48c247BaE2F

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