TE-FOODTFD
$0.0170
Market/Exchange
TFD Price Prediction and Price Movement
TFD has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that TFD's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if TFD is backed by a solid development team and whether TFD's technology has any potential to grow.
Please note that this analysis is purely base on TFD's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
TE-FOOD Price Chart
About TE-FOOD
TE-FOOD is a blockchain based farm-to-table food traceability solution. Its mission is to provide transparency in the food industry.
TE-FOOD aims to enable customers to improve consumer trust and brand exposure, gain deeper supply chain insight to improve their operational efficiency, comply with export regulations, protect their brands against counterfeiting, and perform quicker product recalls. As an end-to-end solution, TE-FOOD offers many components for the complete supply chain to identify tracked items and batches, capture the data, store it on blockchain, process the data, and present it to the consumers.
Launched in 2016, TE-FOOD reportedly serves over 6,000 business customers, and performs 400,000 business operations each day. The team claims food products tracked with TE-FOOD are available for more than 150 million consumers around the world.
TE-FOOD's blockchain (the FoodChain) is a public permissioned blockchain, which enables both supply chain participants and the consumer community to maintain masternodes to decentralize traceability information.
TFD is an ERC20 token and operates on the Ethereum platform which represents a tokenized software licence, enabling users of TE-FOOD's ecosystem to perform their activities. All individuals and organizations need to possess a certain number of TFD licence tokens to use TE-FOOD's ecosystem.