As you might have guessed from the heading, we will be talking about Watts, more specifically about the light bulbs. KICKICO presents a dynamic Blockchain startup.

TeraWATT claims to be a patent-pending, environmentally friendly organization with a powerful business model. One that provides monetization and revenue while doing great things for very deserving people.

Utilizing Blockchain Technology TeraWATT desires mass global adoption of efficient and effective LED Lighting.

LEDs? What are those? And what are the benefits?

The Benefits of LED are enormous:

  • 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

Blockchain and Watts?

As explained by Morris Layton, an executive at TeraWATT:

Blockchain technology is the key component of the entire structure of Terawatt. It is necessary to track all client data, carbon credits, tax incentives, and to power the DAO.

When asked about the potential challenges, here is what the team has to say:

Like others in this industry, the biggest challenge we are facing is the bearish market, believes Layton. TeraWATT is optimistic and is sure to carefully plan their steps, reevaluating when required, and ensure continuous development.

Here is a problem:

Here’s the TeraWATT solution:

DAO Fund Economic Model

The TeraWATT token will also be used as a payment currency. TeraWATT Team believes the following factors will support the token growth:

  • The Terawatt token supply will rapidly and exponentially decrease with a continuous coin burning algorithm.
  • Demand will be increased through marketing and growing adoption. Utilities and businesses will want to accept it it’s much more deflationary, secure and private than FIAT.

THE DAO DECENTRALIZED AUTONOMOUS ORGANIZATION FUNDING PARTICIPANTS;

DAO FUND: All token Holders are eligible to join the DAO with 1–2% entry fee. (50% to burn the supply and 50% distributed to DAO Fund)

VOTING: Token Holders in DAO FUND can vote to dictate which direction token development goes and how funds are allocated

RETURNS: Revenue from bulb sales, data storage fees, carbon credits, tax rebates, and donations will be redistributed to increase token value.

EXIT: Token Holders have the option to exit with a 1–2% exit fee (50% to burn the supply and 50% distributed to DAO Fund)

We invite KICKICO community to participate and be sure to hurry as the Hard Cap is nearly reached! Let’s get involved!

Welcome to the official Kick Ecosystem blog. It's great to have you with us, enjoy a good read! Our websites: kickex.com | kickico.com

Welcome to the official Kick Ecosystem blog. It's great to have you with us, enjoy a good read! Our websites: kickex.com | kickico.com