Hardy Crypto

Terawatt aims to address other renewable sectors such as Solar, Wind, Electric Vehicles after proof of concept is achieved with L.E.D.

*Method*

Terawatt will create Decentralized Autonomous Organization (DAO), and also create a highly deflation-based Ethereum-based currency for global payments. DAO will be funded and used by Utility Company, L.E.D. Seller, Business, Token Holder, and Energy Customer worldwide. DAO will act as a decentralized global mutual / insurance fund to ensure Utilities (and businesses) always have access to (continuing-out) funding to subsidize L.E.D. sales to their energy customers (or for business improvement to L.E.D.s).

This is a huge benefit for utility companies because they want 100 percent of their customers to have energy-saving lamps due to excessive redundant networks, which force power companies to build (and maintain) expensive power plants (Hundreds of millions of dollars) to meet demand. . They are also mandated by government agencies (ie the US Department of Energy and the US Environmental Protection Agency) to improve L.E.D. adoption in each market. Businesses want L.E.D.s because they reduce utility bills, increase light output, reduce maintenance costs, and qualify them for tax incentives. The initial cost is a problem, but Terawatt will help overcome this.

The Terawatt Token will also be used as a currency similar to ETH in a business or utility company that will accept it as a payment method. DAO members with businesses will want to receive Terawatt tokens as payouts as they will get increased voting / power tightening in DAO, and therefore much more deflation than FIAT or other cryptocurrency due to persistent coin-burning structures, which is equivalent to a potentially increased profitability.

Power companies, and other token holders, will purchase DAOs with our tokens, we will charge for entry and exit, and when they sell their positions we take a percentage of their profits (such as mutual funds or no exchange). We will take 50-75% of this profit to buy back and burn our tokens every day (per transaction depends). With Terawatt, everyone and businesses can have uninterrupted access to cheap LTE / free which substantially reduces purchasing costs, electricity bills, improves global lighting efficiency, and in turn reduces global greenhouse emissions.

Tokens (LEDs) will probably or may not increase value exponentially as more and more power companies (and energy buyers / other customers) realize the benefits of using our tokens and join DAO (Law Metcalfe), thus increasing demand while also reducing inventory.

Through the utilization of DAO, key partnerships (We are actively pursuing collaboration and partnerships with utility companies globally), defensive supplies, token incentives, and greedy marketing, Terawatt aims to help put LEDs in all commercial, industrial (streetlight) lights, governments and residential / facility around the world and efficiently improve the turn of less efficient incandescent, Metal Halide (MH), High Pressure Sodium (HPS), and Compact Fluorescent Lighting (CFL) to 100% Light Emitting Diode.

The token holder will also be able to find and utilize the applicable instant tax deductions, look for tax credits, and then store these purchase data safely on the network for later use in filing their taxes. Participants may purchase, sell, stock with masternodes (if available), vote, donate, or hold (LED) tokens, which will drive terawatt Ecosystems.

* Our mission *

It's because of our sustainable coin burning algorithm. Terawatt will automatically use 50-75% of the company's profits earned from DAO entry / exit fees, profit-taking fees (such as exchanges), time decay fees, carbon tax data storage, carbon credits, and even affiliates L.E.D. sales commission to buy back and burn (LED) Token. It's similar to a BNB token, but they just burn every quarter, we'll burn 24/7.

Utilities and other businesses will want to accept our tokens for payments because our rate of deflation is much greater than all FIAT currencies and most, if not all, cryptocurrencies/tokens while also being more private and secure with zk-SNARKS and masternodes when available. Furthermore, the more tokens they have to enter into the DAO fund, the more voting power, profits, and staking rewards they can receive. This will further increase token value due to the network effect. (Metcalfe’s Law).

Why L.E.D.?

*The Benefits*

*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

“Low energy light bulbs use less than 20% of the energy of a conventional light bulb, and can last up to 15 times longer.” -Carbonfootprint.com.

*Token Description*

Our project will use Ethereum to issue and create tokens mainly because it has the base foundation that our technology will implement. Terawatt will manipulate the blockchain smart contracts. Our token will be a standard ERC20 token with some specific modifications. Our algorithms will verify that the consumer has actually purchased the bulbs from a suitable seller and add the transaction to the blockchain. Smart contracts will execute and manage the entire process.

*The Features*