Rated on Jul 23, 2018
The whitepaper is quite sloppy. Almost half of it is about general market trends and use cases. No competitive analysis with other ICOs and/or "FIAT" solutions, no business planning scenarios.
Rated on Sep 6, 2018
Unfortunately I do not believe in the project. First, why blockchain is here? Secondly, the team consists mainly of advisors who are involved in other projects. Can't recommend for investment.
Why do we need blockchain?
-To create an immutable, decentralized, secure, private (zk-SNARKS) deflationary
currency with utility functions
-We need complex smart contracts to power the D.A.O.
-We need Transparency, Immutability, Decentralization and verification of all
transactions performed on the platform
-Extremely precise process automation
-It becomes convenient to work with other cryptocurrencies in an increasingly
digital world. Integration with other projects on blockchain (product tracking,
verification, ecosystem expansions, and so on)
Reliability and fault tolerance
-The Terawatt token will have several utility functions:
-Used as a secure, private (zk-SNARKS), fast, low cost, decentralized payment currency
at Utility Companies, LED Bulb Sellers, and any other interested merchants
-Allows entry to the DAO, staking/voting abilities, powers the DAO ecosystem with
Ethereum Smart Contracts
-Allows access to decentralized immutable renewable tax data records (for a small
fee), used as financial incentive to verify L.E.D. bulb purchases
-Incentive - The Terawatt Token/Currency acts as a reward for each L.E.D.
bulb/fixture purchase that's verified by our patent-pending process. This serves
as an incentive for users to purchase LEDs for home, businesses, or government
use and verify them through our interface
-Data Storage - LEDs on the blockchain! LED purchase records may be tracked and stored securely stored in the Terawatt ecosystem. This allows the purchasing entity to return at tax time and have all of
their LED and other Energy Star Rated Purchase records readily available. The
user pays a small token fee to access the records again.
-Masternodes - When Ethereum makes it available. This will help to further secure
and decentralize the Terawatt ecosystem, while providing benefits like residual
rewards and DAO voting/staking power to token holders
Rated on Jul 22, 2018
Very interesting project that seems fairly unique. The team and vision are strong but the mainnet launch is on the roadmap. Look forward to seeing mainnet and potential adoption of this.
Rated on Sep 12, 2018
Terawatt is an interesting project with a unique vision. The platform needs to work on their whitepaper as the implementation of blockchain technology seems unnecessary. The team advisors are involved in various projects, which might help them make educated decisions. The team will need to focus their efforts on marketing and advertising to make this project a success. Waiting for the MVP.
Rated on Aug 7, 2018
It is good that the product helps the environment but I don't think it is feasible. Not in most countries in the world at least... Negative -
No MVP. Negative -
CEO's Linkedin profile link doesn't work. Rest of the co-founders are inexperienced. Negative -
Advisors are good. Positive +
Hype is great. There are 52k on telegram and 2k on twitter (however, this imbalance points to a possible bounty program) Positive +
65% of tokens are allocated to investors. Neutral +/-
Other minor stuff such as the design of website and whitepaper (it never fully loads btw), 100% bonus for contributors, etc. seem disturbing. Negative -
My personal hunch doesn't say very good things about this one.
MVP is being built and will be ready within a week.
Thanks for the hype, yes have a bounty like most ICOs, but ours was posted by a staff member at bitcointalk, very positive!
You say whitepaper doesn't load and my linkedin link doesn't work, but they work fine for me, perhaps you should clear your cache, or upgrade to a faster computer.
No offense, but my personal hunch doesn't say very good things about you as a "blockchain expert"
Rated on Aug 30, 2018
Product seems to be interesting and unique, team also has some good experience in the tech.
Let's see their product to check their work quality. Product is going to face very big challenges in many countries.
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