Terawatt (LED)

Driving LED adoption by creating a decentralized mutual fund and highly deflationary zk-snarks currency that will be utilized by utility companies and energy customers worldwide

Review Score
4.25/5
ICO Price
0.51516 USD
0.0007 ETH
Pre ICO Price
0.294377 USD
0.0004 ETH
Soft Cap
500,000
Hard Cap
11,460,000
Pre ICO Start Date
21 June 2018
Pre ICO End Date
15 October 2018
Start Date
16 October 2018
End Date
30 November 2018

What is Terawatt?

     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 fashion 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, profit taking fees (like an exchange), time decay fees, carbon tax data storage fees, carbon credits, and even from affiliate L.E.D. sales commissions to buyback and burn (LED) Tokens. This is similar to the BNB token, but they only burn every quarter, we will 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)

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