TE-FOOD Token Sale Details

TE-FOOD
2 min readFeb 20, 2018

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First of all, we want to thank all the TE-FOOD community members for their support! Below are full details of the public token sale.

Dont forget! Nobody from the TE-FOOD team will ever ask for any payment in a message or email. Any such request from anybody is a SCAM! The only place where we publish ETH address is https://ico.tefoodint.com/.

Public sale process

  • One day before the token sale, we will publish the last 5 characters of the ETH wallet address, where you need to transfer your contribution. It will be published by Marton Ven, CMO of TE-FOOD in a YouTube video. The video will be published on https://ico.tefoodint.com/
  • On the day of the token sale (1 hour before it starts), we will publish the complete ETH wallet address, where you need to transfer your contribution. It will be published by Marton Ven, CMO of TE-FOOD in a YouTube video. The video will be published on https://ico.tefoodint.com/

Gas price

The accepted maximum gas price will be: 50 gwei and 200k gas
Please set it properly, as the smart contract will reject transactions with higher gas price. Gas price remains during the whole public sale.

Accepted maximum gas price can change during the token sale. Such cases will be announced in the Telegram group and Twitter.

Public sale cap

ETH is pegged to USD on the average price of the last 7 days (acc. to Coinmarketcap historical data): 925 USD/ETH
The public sale has a 4128 ETH cap.

Individual cap

  • 1 ETH during the first 12 hours (max. 1 transaction per ETH address)
  • Uncapped after 12 hours
  • Minimum contribution: 0.1 ETH

There are no space guarantee, the token sale is First Come First Served based.

Token price

  • Token price: 0.05 USD / TFOOD

Bonus

  • 1st week — 15%
  • 2nd week — 12%
  • 3rd week — 10%
  • 4th week — 5%

Acepted ETH wallets

List of accepted wallets. We prefer MyEtherWallet and MetaMask

Token transfer

Tokens are distributed immediately after purchase. Tokens are not transferable for up to 14 days.

Telegram

TE-FOOD Telegram group (https://t.me/tefood) will be muted during the public sale.

Be aware of scams

Don’t trust anyone (even our team, as we are often impersonated by scammers) who shows you an ETH address in message/email. https://ico.tefoodint.com/ is the only source of that information.

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TE-FOOD

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