Let's
work together to substantially reduce greenhouse gases !
Light bulbs which are inefficient, create too much of
greenhouse gas. Those greenhouse gases cause to increase of global warming. That
may lead to various environmental hazards. Other than that, using inefficient
light bulbs leads to unnecessary increase of electricity bills. Because of the reasons like that, we should
minimize the usage of inefficient light bulbs.
To overcome this problem, we are introducing TeraWatt.
Terawatt is a renewable energy blockchain startup, which is
highly motivated to make people using LEDs rather than inefficient light bulbs.
Terawatt is currently patent-pending. It is going to create a DAO (Decentralized
Autonomous Organization) which will be funded by LED sellers, Businessmen,
token holders and also utility companies worldwide. Other than that TeraWatt is
going to implement a deflationary Ethereum-based, private (zk-SNARKS) currency
for global payments. In the future terawatt aims to tackle other renewable
energy sectors like Solar, Wind, etc.
Let me explain DAO part simple,
First terawatt will create a Decentralized Autonomous Organization.
This DAO will act as a decentralized global fund. It will continue to fund the terawatt
project to increase the usage of LED bulbs among people. This is a major
benefit to utility companies because they want their customers to use energy efficient
LEDs. That makes utility companies fund the DAO. Other than utility companies, DAO will be funded by LED sellers, Businessmen, token holders and energy
customers worldwide. The upfront cost of building expensive power plants to
meet demand is funded by the DAO. So, the system is secured.
Then the currency,
Terawatt introducing a token system, which will be used a
currency similar to Ethereum. When someone/company having more token means they
are having more power in voting/staking in DAO. Because of that businessmen and
utility companies will accept it as a method of payment. Then the tokens become
more valuable. Those token systems have continual coin burning structure. So, tokens
become much more valuable compared to fiat currencies like USD and other cryptocurrencies.
When more and more companies realize the advantage of the tokens they will
spend more and more money on the tokens. Then the value of tokens will be continuing
to grow as increase of demand and decrease of supply.
Here are some links to the official TeraWatt project.
TeraWatt official website - https://www.terawattled.com
TeraWatt official telegram channel - https://t.me/TeraWattICO
Bitcointalk thread - https://bitcointalk.org/index.php?topic=4180151.0
Terawatt project is planning to light up the commercial,
industrial, government and residential buildings worldwide with 100% LEDs in
the future. Below there is image of comparing LED (Light Emitting Diode)
vs HPS (High Pressure Sodium) light bulbs.
Here is a list of advantages of using LEDs compared to other
inefficient light bulbs.
LEDs are energy efficient as you all know.
LEDs have long life time. It has average of 50,000 hrs of
lifetime.
LEDs light up instantly in nanoseconds.
LEDs will not be affected by cold temperatures. So, they can
be used in cold environment.
LEDs are environment friends since it does not contain any
mercury or other harmful substances.
"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
manojnilanga
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