TE-FOOD

TE-FOOD

Created using Figma
Created using Figma
TE-FOOD, the world's largest publicly accessible, farm-to-table food traceability system is moving to blockchain and tokenization. We are reinventing food supply on the emerging markets.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • KuCoin
    TFD/BTC one hour ago
    $ 0.0039
    $ 5.865 K
    7.43%
    166.20%
  • KuCoin
    TFD/ETH 3 hours ago
    $ 0.0040
    $ 409.50
    2.42%
    -11.95%
  • Idex
    TFD/ETH 6 hours ago
    $ 0.0038
    $ 431.85
    3.36%
    188.23%
  • Bamboo Relay
    TFD/WETH 4 days ago
    -
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  • DDEX
    TFD/WETH one month ago
    $ 0.7753
    $ 244.22
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  • Saturn Network
    TFD/ETH one month ago
    $ 0.0099
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  • YoBit
    TFD/BTC 2 months ago
    $ 0.0063
    $ 32.48
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  • YoBit
    TFD/ETH 2 months ago
    $ 0.0113
    $ 11.54
    -4.91%
    -41.03%
  • YoBit
    TFD/USD 2 months ago
    $ 0.0052
    $ 8.69
    -57.24%
    -94.17%
  • Switcheo
    TFD/ETH 4 months ago
    $ 0.0008
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  • ForkDelta
    TFD/ETH 4 months ago
    $ 0.0079
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  • DDEX
    TFD/ETH 6 months ago
    $ 0.0114
    $ 35.98
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  • YoBit
    TFD/RUR
    -
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  • YoBit
    TFD/WAVES
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  • YoBit
    TFD/DOGE
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Jan 8, 2018
Feb 15, 2018
100% completed
Raised funds - no Data
past
  • 1 TEC
    =
    0.05 USD
Token Details
Ticker
TEC
Accepted Currencies
ETH, BTC, USD, EUR
Company Details
Registered Country
Switzerland
Additional Details
KYC
Yes
Categories
Health, Business services, Software, Manufacturing

About TE-FOOD

TE-FOOD is the world's largest publicly accessible, farm-to-table food traceability system. Started in 2016, it serves 6000+ business customers, and handles 400,000 transactions each day. TE-FOOD is the only fresh food ecosystem which integrates supply chain companies, consumers, and governments/authorities to improve food safety, eliminate food frauds, and decrease costs of the supply chain companies. Blockchain as transaction ledger will provide more credibility, and a possibility to create a global food information ecosystem. TE-FOOD's main focus is on the emerging countries, which account for 60% of the world's population, but need massive technological disruption because of the level of distrust in their food supply chains.

Features

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.

TE-FOOD Roadmap

  • Quarter 2, 2015

  • Development of TE-FOOD started by TE Ltd., Vietnam, in cooperation with Erba Ltd. Hungary
  • Development start

  • Development of TE-FOOD started by TE Ltd., Vietnam, in cooperation with Erba Ltd. Hungary.
  • Quarter 2, 2016

  • Agreement is reached with the government of Ho Chi Minh City to implement TE-FOOD. Preparations of the implementation started immediately.
  • Agreement

  • Agreement is reached with the government of Ho Chi Minh City to implement TE-FOOD. Preparations of the implementation started immediately.
  • Read More
  • Quarter 4, 2016

  • TE-FOOD launched in 12.16.2016 for pig and pork tracking in HCMC region.
  • Official launch

  • TE-FOOD launched in 12.16.2016 for pig and pork tracking in the HCMC region.
  • Quarter 2, 2017

  • Training of chicken farms and egg producers starts. In total, more than 10,000 people is trained.
  • Trainings

  • Training of chicken farms and egg producers starts. In total, more than 10,000 people is trained.
  • Quarter 3, 2017

  • 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.
  • Chicken and egg tracking starts

  • On 01.09.2017, chicken and egg traceability started in 22 vietnamese regions.
  • Quarter 4, 2017

  • In the pilot phase, the system is used in 4 provinces in Vietnam to regularly report about the status of the livestock.
  • National Livestock Registration system starts

  • In the pilot phase, the system is used in 4 provinces in Vietnam to regularly report about the status of the livestock.
  • Quarter 1, 2018

  • 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.
  • TE-FOOD Internationa and South Africa is founded

  • TE-FOOD International Ltd. is founded.
    TE-FOOD South Africa is founded.
  • Quarter 2, 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.
  • Tokenization of TE-FOOD launches

  • Token based operation of TE-FOOD starts before the Token Sale.
  • Quarter 3, 2018

  • 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
  • Token sale

  • TE-FOOD token sale starts in February, 2018.
  • Quarter 4, 2018

  • TE-FOOD Marketplace extends logistical and food safety data, with trading possibilities with conditional smart contracting possibility.
  • Cattle tracking is launched

  • Cattle tracking will be implemented in TE-FOOD.
  • Quarter 1, 2019

  • 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.
  • Fruits and vegetables tracking is launched

  • Tracking of fruits and vegetables will be implemented in TE-FOOD.
  • Quarter 2, 2019

  • 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.
  • Market presence in two additional countries

  • TE-FOOD offices are established in 2 target countries.
    (one of them in South Africa opened in January)
  • Blockchain as a traceability ledger implemented

  • Blockchain as a traceability transaction ledger is implemented in the system.
  • Fish and seafood tracking is launched

  • Fish and seafood tracking will be implemented in TE-FOOD.
  • Marketplace is launched

  • TE-FOOD Marketplace extends logistical and food safety data, with trading possibilities with conditional smart contracting possibility.
  • Food safety sensor tools are ready

  • The sensor equipped tools log directly to blockchain, and contain smart locks which can be opened only by specific users, and log their stat
  • Extended farm management tools ready

  • Extending the existing functions (inventory, feeding, vaccination), new modules are available, according to the G.A.P. standards.
  • Animal face recognition is ready

  • Identification tools are extended by a facial recognition system for cattles. The R&D project starts in Q1, 2018.
  • Market presence in 4 countries

  • Two new TE-FOOD offices are opened in target countries.

Activity

Activity:
247
HIGH
Posts:
492
MEDIUM
Views:
9 175
HIGH
Activity:
247
HIGH
Merit:
100
MEDIUM
Posts:
577
HIGH
Views:
9 412
HIGH
Users:
213
MEDIUM
Members:
2 343
MEDIUM
30 Days Growth:
-42

TE-FOOD Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Dr. Trung Dao Ha
CEO
unverified
Erik Arokszallasi
CEO
unverified
Marton Ven
CMO
unverified
Gergely Koves
Project manager
unverified
Katalin Vereczkey
Food industry expert
unverified
Dr. Gabor Pajor
Food industry expert
unverified
Endre Jobbagy
Blockchain and business consultant
unverified
Gabor Nagymajtenyi
BDO Leader, blockchain team
unverified
Istvan Szukacs
DevOps, blockchain team
unverified
Abraham Endre (Silur...
Chief Architect, blockchain team
unverified
Daniel Csendes
Blockchain technology consultant
unverified
Tamas Biro
Mobile app developer
unverified
Miklos Csaszar
Senior sotware engineer
unverified
Gergely Mate
Software developer
unverified
Zoltan Vadovics
Software developer
unverified
Bence Kadar
Database specialist
unverified
Gyorgy Varga
Senior IT infrastrucutre engineer
unverified
Jozsef Tatar
IT infrastructure engineer
unverified
Laszlo Szentmiklosi
Hardware/software developer
unverified
$ 0.0040
12.50%
Coin Stats
Daily, %:
12.50%
Weekly, %:
0.27%
Monthly, %:
-35.95%
Market Info
Market Cap:
$ 2.285 M
Volume 24h:
$ 6.412 K
Circ. Supply:
567.918 M TFD
Ticker:
TFD
ICO profit
X 0.0805
ICO Price~$0.0500

TE-FOOD Reviews

crushcrypto.com
review

Opportunities:
The company works with some of the biggest retail chains/farming companies in Asia such as C.P. Group, JAPFA, Lotte Mart, AEON, as well as the government of Ho Chi Minh City, the largest city in Vietnam. Each one of them is a large volume purchaser, so it is expected that TFD tokens will have heavy usage.
This project is more advanced than other supply chain-related blockchain projects in both business development (serving a customer base of 30 million) and technology (both functioning hardware and software are developed).
The team has detailed their differences with other supply-chain blockchain projects like Wabi, Waltonchain, Ambrosus, and Modum.

Concerns:
The company has a strong footprint in Vietnam, but their ability to replicate the success to other countries is unproven because the food and agriculture industry in each country is very different. However, the company has set up offices in Hungary and South Africa and has made some key hires in the two countries.

Conclusion:
Overall, we like both the short- and long-term potential of this ICO. Our thoughts of the tokens for short term and long term are as follows:
For ​short-term holding:
Good. The idea, team, development progress, and token metrics are all above average. Certain previous projects in the supply chain space have been well-received by the market so we believe this project can also do well.
For long-term holding:
Good. Te-Food’s customers are some of the biggest grocery chain/farming companies in Asia. Very few blockchain projects have a customer base as strong as Te-Food. Tracking food at a cost effect manner is one of a big use case for blockchain technology and we believe this project has a good chance of being successful.

Read More
icocrunch.io
review

TE-FOOD is an already functioning system with developed software and set up hardware, have huge and significant business customers, excellent team with solid experience in the same sphere. The transparency of the system allows small farms to compete the existing food producers on the market. One disadvantage we’d like to mention is their location in Vietnam which is also their main target market. So, scaling the project on other countries will be a kind of challenge. Anyway, we evaluate this project much higher than average and see it as preferable comparing to other tracing projects based on blockchain.
With TE-FOOD, you can go to a shop or food market and use your smartphone to scan a label on any product to see its complete history, and what is important you will trust the information because it’s protected with blockchain. We like it.

Read More
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