Terawatt (with the token ticker LED) is the project that was created in order to not simply promote, but even help fund the projects around the world that are working hard at the global L.E.D. adoption. The idea behind the project is quite simple: LED lights are the most clean, green and efficient way to transform electricity into light. Terawatt will aim to, using DAO, to create a currency for the global payments around the world having at its base the LED industry currently operational in the world. The so-called Utility companies, the LED lights sellers, the entrepreneurs and their companies around the globe, along with the energy consumers, will all win due to Terawatt’s bridging between blockchain technology and energy industry. The DAO created by Terawatt will be used as a global decentralized insurance fund for the Utility Companies to have appropriate funding, in order for them to be encouraged to subsidize LED sales to the people and businesses making energy-related purchases with them every day.