TE-FOOD logo

TE-FOOD

TONE

Price
$0.0193
11/30/2022, 9:43:56 PM
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Market

Market stats

Market cap

$11.7M

Volume (24h)

$471,336.98

Circulating supply

590.8M TONE

Typical hold time

8 days

Trading activity

Not enough data

Popularity

#201

All time high

$0.12

Price change (1h)

+1.79%

Price change (24h)

+4.59%

Price change (7d)

-6.53%

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TE-FOOD is on the decline this week.

The price of TE-FOOD has fallen by 6.53% in the past 7 days. The price increased by 4.59% in the last 24 hours. In just the past hour, the price grew by 1.79%. The current price is $0.0193 per TONE. TE-FOOD is 83.90% below the all time high of $0.12.

The current circulating supply is 590,833,685.779 TONE.

About

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.

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FAQ

What is the current price of TE-FOOD?

The price of 1 TE-FOOD currently costs $0.0193.

What is the market cap of TE-FOOD?

The current market cap of TE-FOOD is $11.73M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of TE-FOOD?

The all-time high of TE-FOOD is $0.12. This all-time high is highest price paid for TE-FOOD since it was launched.

What is the 24 hour trading volume of TE-FOOD?

Over the last 24 hours, the trading volume of TE-FOOD is $471.34K.

What other assets are similar to TE-FOOD?

Assets that have a similar market cap to TE-FOOD include DAD, Handshake, MixMarvel, and many others. To see a full list, see our comparable market cap assets.

How many TE-FOOD are there?

The current circulating supply of TE-FOOD is 591 million.

What is the typical holding time of TE-FOOD?

The median time that Coinbase customers hold TE-FOOD before selling it or sending it to another account or address is 8 days.

What is the relative popularity of TE-FOOD?

TE-FOOD ranks 168 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of TE-FOOD?

Currently, 63% of Coinbase users are buying TE-FOOD. In other words, 63% of Coinbase customers have increased their net position in TE-FOOD over the past 24 hours through trading.