TE-FOOD logo

TE-FOOD price

(TONE / USD)

Market stats

$15.6M

$421,948.33

+45.86%

572.8M TONE

57% of total supply

3 days

82% buy
18% sell

#188

$0.12

+0.32%

+5.96%

-6.47%

Sign up now to get up to $400 in rewards

Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.

congratulationsOnEarningCrypto

About TE-FOOD

TONE is an Ethereum token that powers the TE-Food platform, an end-to-end food traceability solution on the blockchain. TE-Food's products helps companies with any level of technological readiness to join and track their products, and also integrates service providers for the contracting, management, and clearing of services in its ecosystem.

What Is Te-Food? (TONE)

Te-Food is a platform that offers solutions for farm-to-table food traceability with the help of blockchain technology. For the benefit of consumers, food firms, and governments, the platform aims to make food supply chains more transparent. 

Further, the network also seeks to support:

  • Food firms automate and streamline their supply chain procedures while also gaining a better understanding of their suppliers.

  • Consumers gain clarity about their food, allowing them to make more informed decisions.

  • Government agencies to have a real-time picture of the food market and boost food safety regulatory monitoring and enforcement.

The platform helps to make traceability execution fast, safe, and easy. The network offers several services, such as serializing the products by creating digital identities, capturing data related to production processes using the platform's data gathering tools, storing data on a scalable and secure blockchain, and sharing product history with customers. Clients, for instance, use TE-Serialization FOOD's Engine and printing/labelling solutions, to print serialized QR codes on their retail products. Further, TE-FOOD is a blockchain that is open to the public. While blockchain data can be viewed by the general public on the blockchain explorer, adding data to the blockchain or certifying transactions requires permission for added security.

TE-FOOD allows clients to show product information as a rich experience to differentiate their brands and demonstrate product quality.

The platform's website mentions that organic food is being sold by retailers that aren't sure if it's truly organic. Food producers engage with farms that occasionally employ child labor or intentionally promote deforestation. Consumers purchase meat without realizing it includes hazardous substances.

History of Te-Food (TONE)

The platform's management team is comprised of seven people. Erik Arokszallasi is an entrepreneur and leads two corporate IT development in Hungary. He holds over two decades of experience in leadership and IT project management. Trung Dao Ha is also an entrepreneur and is the president of the High-Tech Association. He holds two decades of experience in marketing, leadership, and sales. Other team members include Marton Ven, Sandor Miskey, and Gergely Koves, etc.

TE-FOOD is on the decline this week.

The price of TE-FOOD has fallen by 6.47% in the past 7 days. The price increased by 5.96% in the last 24 hours. In just the past hour, the price grew by 0.32%. The current price is $0.02721 per TONE. TE-FOOD is 77.33% below the all time high of $0.12.

The current circulating supply is 572,823,685.779 TONE.

TE-FOOD on social media.

TE-FOOD was mentioned in 3 out of 2,026,819 social media posts on Twitter and Reddit on Aug 09, 2022. 2 unique individuals are talking about TE-FOOD and it is ranked #1,551 in most mentions and activity from collected posts.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

Comparable market cap

Of all the assets on Coinbase, these 8 are the closest to TE-FOOD in market cap.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Coinbase Bytes article