Real use case cryptos - EP 1 TE-FOOD

in #tfd6 years ago

Hola Guys and Gals!

My first ever steemit post! I am so stoked : )

I decided to start this as my interest in crypto as grown hugely over the last year and I enjoy writing!

Anyway without further ado here is a little write up on TE-FOOD(TFD)

Intro :

TFD is the cryptocurrency created by TE-FOOD, an existing company with over 6000 business customers!
The current supply is 414,517,150 TFD with no more than 1,000,000,000 TFD in total.
Their mission is to migrate the farm-to-table traceability solution to the blockchain.
They had a successful ICO and are a team from Hungary/Vietnam.
It's marketcap is very low, being around 9million at time of post.

My 2 cents :

As usual DYOR through their website and other resources please!
I do like this project as when I think of comparable ones such as Vechain,Wabi and Origin Trail, I can't help but feel like it is undervalued considering that they already have established customers and partners.
Any project that is solving a real world problem is a no brainer in the crypto space as that is what we need... real world adoption. Speculating is not enough.
For example: the recent news in the US regarding the recall of 207 million eggs over samonella took 3 weeks to trace. A project like TE-FOOD could have done it in seconds.

Verdict :
Look into this project! It is only available on 2 little exchanges at the moment but hopefully bigger things to come for it.
The other projects mentioned above are also good but why can't we have multiple winners in the space if it does the world some good?!
The goal of the post is to bring projects like these to the wider community as they go under the radar.
It will be interesting to look back in a few years and see which projects last the test of time.

Thanks for reading!

Links:
https://www.te-food.com/
https://coinmarketcap.com/currencies/te-food/
https://edition.cnn.com/2018/04/14/health/egg-recall-salmonella-fears/index.html

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