TE-FOOD private sale results

TE-FOOD
2 min readFeb 13, 2018

--

Wow, what a week!

To say it was busy would be an understatement! Having always known there would be demand for a product like TE-FOOD, we never imagined our project would get so much attention over such a short period of time.

In the past week TE-FOOD has been featured across several high profile YouTuber channels along with securing first place on the TOP 7 ICO list’s Secret Edition, greatly increasing demand, allocations and the amount of waking hours the team has had to endure!

  • On Monday evening we sent an email to all pre salers notifying them of the start of the pre-sale.
  • By Thursday, we had received so many requests our pre-sale was actually 10x oversubscribed (and that was before we stopped counting)!
  • Up until that point we had sold 16 900 ETH worth of TFOOD tokens.

But now with the pre-sale period over, the focus moves to the Public Sale on February 22.

We will offer ~5M USD worth of TFOOD tokens on the public sale (approx. 6024 ETH at todays USD/ETH converstion rate).

Our KYC process is still open at ico.tefoodint.com, however due to the overwhelming interest in the public sale, we will be closing our whitelist at 6500–7000 verified users. This means if you would like to participate in the TE-FOOD public sale, and you have not already KYC’ed, you should do so immediately!

We would like to make sure all our public sale users have a chance to participate in the public sale, so we will implement 1 ETH individual cap at least for the first 8–12 hours, and set safelow to gas prices to avoid gas war.

We would like to thank the participation to everyone who believed in us, and we apologise to everyone who felt offended by not receiving any answer from us, it was not intentional, but we were unable to manage hundreds of new requests each day.

Let’s meet on February 22, at the public sale!

--

--

TE-FOOD

TE-FOOD is the world’s largest publicly accessible, blockchain based farm-to-table food traceability system.