TE-FOOD (TFOOD)ICO TE-FOOD, the publicly accessible, farm-to-table food traceability system is moving to blockchain and tokenization. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is TE-FOOD
TE-FOOD is a food traceability solution, used by 6,000+ companies, managing more than 400,000 transactions each day, reaching 30 million people. Dedicated to improve food safety, fight off corruption, support fair trade, and build trust between the food supply chain companies, consumers, and authorities in the emerging markets.
DetailsPublic sales: Feb 21, 2018 - Mar 21, 2018Token supply: 400000000 Hard cap: 19,100,000 USD Raised: 19,100,000 USD LegalRegistration country: VietnamRegistration year: 2015 Office address: Vietnam office: Tòa nhà SBI, số 6B đường số 3, Công viên phần mềm Quang Trung, P. Tân Chánh Hiệp, Q.12, TP.HCMHungary office: Stubnyai str. 4. 1142, Budapest, Hungary BountyBounty: 2%Translation: 5% Social media: 40% Bitcoin talk signature campaign: 25% Other: 30 | Token infoTicker: TFOODType: Utility-token Token standard: ERC-20 Token price in USD: 1 Token = 0.050000 USD Accepted currencies: ETH, BTC, USD, EUR Bonus program: 1st week 15% 2nd week 12% 3rd week 10% 4th week 5% Additional bonuses based on individual volume: $100,000 and above 15% $20,000 - $99,999 10% $5,000 - $19,999 5% Token distribution: 40% - Token sale 25% - Team & Advisors 15% - General reserve 10% - Future partnerships 8% - Early investors 2% - Bounty campaign Funds allocation: 60% - Market expansion 25% - Research & development 10% - Operations 5% - Legal |
TE-FOOD Roadmap
Development of TE-FOOD started by TE Ltd., Vietnam, in cooperation with Erba Ltd. Hungary
Agreement is reached with the government of Ho Chi Minh City to implement TE-FOOD. Preparations of the implementation started immediately.
TE-FOOD launched in 12.16.2016 for pig and pork tracking in HCMC region.
Training of chicken farms and egg producers starts. In total, more than 10,000 people is trained.
On 01.09.2017, chicken and egg traceability started in 22 vietnamese regions.
National livestock registry contract is signed with the Ministry of Agriculture in Vietnam, Livestock Production Department.
In the pilot phase, the system is used in 4 provinces in Vietnam to regularly report about the status of the livestock.
TE-FOOD International Ltd. is founded. All TE-FOOD rights and contracts are transfered to TE-FOOD International.
Token based operation of TE-FOOD starts before the Token Sale.
TE-FOOD token sale starts in February, 2018.
Cattle tracking will be implemented in TE-FOOD.
Tracking of fruits and vegetables will be implemented in TE-FOOD.
TE-FOOD offices are established in 2 target countries.
Blockchain as a traceability transaction ledger is implemented in the system.
Fish and seafood tracking will be implemented in TE-FOOD.
Animal antibiotics traceability
AI based smart pandemic forecasting and alarm modules for the National Livestock Registration system
TE-FOOD Marketplace extends logistical and food safety data, with trading possibilities with conditional smart contracting possibility.
The sensor equipped tools log directly to blockchain, and contain smart locks which can be opened only by specific users, and log their status.
Extending the existing functions (inventory, feeding, vaccination), new modules are available, according to the G.A.P. standards.
Identification tools are extended by a facial recognition system for cattles. The R&D project starts in Q1, 2018.
Two new TE-FOOD offices are opened in target countries.