avansa: TeraWATT

TeraWATT

Terawattled is an offer of the development of the chain about Ethereum is definitely original, as it is to create a crypto fund, so that companies can fund the changing of their installations for full coverage with LED lamps.

Advantages of LED lamps An

LED or LED light source consisting of a semiconductor material equipped with two terminals. Kurt Legovec, Carle Carlo and Edward Zhamgocians interpreted the mechanism of these first LED diodes in 1951, using a device that used silicon carbide crystals with a pulse generator and power source, and in 1953 with a Pure Crystalline version.

Since then, much has been put forward to make the most of this technology, whose main advantage is everything is known: lower energy consumption. LED lamps consume about 80% less electricity than a common focus, but this is not the only one: qualities such as a shelf life of up to 50,000 hours, low operating costs or improved light quality make them more suitable options than traditional floodlights.

It is estimated that the widespread use of LEDs can affect savings of up to 348 TWh (terawatt / hour), the annual Electric equivalent of 44 large power plants, about 30,000,000 dollars of savings.

This resulted in the gradual elimination of incandescent lamps, promulgated by the prohibition of their sale, which began in 2014 and will have a full effect in 2020. For this reason, companies and governments invest part of their capital in changing their lighting facilities, but many of these institutions do not have capital to pay for these works, and that's where the terawattled comes from.

The terawattled

Terawattled project proposes the construction of an investment fund, on the Ethereum chain, to finance design projects and the replacement of traditional LED lamps with devices.

The investment fund will in fact be a system of Tao, which operates in a similar manner to a mutual fund, but offers the right to vote. TeraWATT

More accurate is that DAO or decentralized stand-alone organizations are start-ups that seek to create platforms in which each of its members can develop and execute applications that allow them to use both individually and collectively. . As a decentralized entity, there is no centralized organization that directs all transactions or makes major decisions, but all DAO members, in this case, LED marker investors, can participate in them.

Another novelty that attracts attention is the voluntary burning of LED tokens. The project developers will be redeeming with the benefits of optinidos markers for subsequent progressive combustion, so the marker is likely to be reevaluated in the future.

The Group is currently negotiating with various government bodies and organizations to achieve future joint processes, such as companies that replace renewable energy sources or the like.

The ultimate goal of the project would be to try to reduce energy consumption to 2,000 TW of electricity use around the world (about 50% of current total consumption), the task is simple, but necessary if we want to keep the planet as it is.

The sale of tokens will begin on August 21, the preliminary sale will take place from June 21 and will last until July 7. The maximum delivery of tokens will be 100 million LEDs, of which 65 million will be in circulation, however, with the progressive combustion mentioned above, this figure is expected to decrease to a million LEDs.

TeraWATT

The platform will have its own database, which will store records of the purchase of LEDs. They will be safely stored in the terawatt ecosystem. This allows the buyer to offset the cost of utilities for the entire time and get their rating in the Energy Star of the nominal purchase. The user will pay a small commission to the tokens to access the database again.

The investment will be combined, and the global community will determine which projects will be funded and how much.

Since July, the preiko stage has begun, during which the preliminary sale of LED tokens takes place. Already now you can invest in the project by purchasing tokens at a price of 0.0002 per 1 LED. The main feature of the medals is deflation, which will be supported by burning coins. This will stimulate the acceptance of payment markers of various companies, and thereby expand the terawatt network. At the beginning, 100,000,000 tokens will be issued.

Summarizing, we can say that the project team has taken on an original idea that will solve the daily problem of high utility trance, reduce the load on the network and solve the environmental problem.

Team