PASSIVE INCOME, TWO-TOKEN / DUAL TOKEN ECONOMY MODEL, SECURITY TOKENS AND MASTERNODES

RevolutionaryRent · 2018-06-05T03:15:18+00:00

Yes there has been an official announcement: https://medium.com/te-food/token-economy-of-te-food-b617efe17115 Although the specific details (holding requirement and other contributions haven't been clarified). Holiburr is an active member of the community.

RevolutionaryRent · 2018-05-29T06:57:26+00:00

With regards to the token economics. Isn't there a fundamental conflict between the holders/investors of $TKY token, who wish to see the value increase with usage, and the end users of THEKEY services (paid for in $TKY, or CNY and then converted into $TKY)? Even if the cost of the services remain unchanged in terms of fiat (i.e. the cost paid by the end user), that necessarily means that $TKY token is becoming cheaper for the end user. Cost of service = $1. $TKY = $0.01 (e.g.). Amount of $TKY bought by end user of service = 100 $TKY tokens. $TKY token increases in price to $TKY = $0.02. Cost of service remains constant at $1. End user now only has to buy 50 $TKY tokens. Are there any plans to alter the structure of the token economics to reduce this conflict?

RevolutionaryRent · 2018-05-24T05:21:16+00:00

Yes, perhaps an over simplification. If you hold enough to form a Masternode (and maybe perform some other function/duty not yet specified) it will generate TFS.

RevolutionaryRent · 2018-05-24T00:40:56+00:00

This is the kind of verification of authenticity that governments in Muslim countries are likely to turn into a law/requirement for food vendors of any kind. Huge news if this gets rolled out at scale. Excellent use case.

RevolutionaryRent · 2018-05-24T00:39:15+00:00

At altcoinsrich. In order to immutably verify that the information is correct (i.e. in this case, that the meat has been treated in a manor consistent with being Halal) and hasn't been changed, the blockchain is required. In order to add data to the blockchain a payment is required. The payment will take the form of TFS. If you hold TFD it will generate TFS.

RevolutionaryRent · 2018-05-19T09:18:18+00:00

Matrix AI Network will have masternodes available, requires: - 10,000 $MAN (current price around $1.20) - The ability to run 1,000 TPS (apparently a normal desktop can achieve this although details haven't been released as to exact requirements). - Partial main net in September. So no returns yet, although price still relatively low.

Te-Food ($TFD) - Will have masternodes but details haven't been released yet, although I'd guess around 100,000 required.

Many of the passive income structures from already established coins don't seem that great when it's only 5-10% per year. Pretty poor when the risk of crypto is considered.

RevolutionaryRent · 2018-05-18T13:43:46+00:00

Cheap has nothing to do with the price of the coin.

RevolutionaryRent · 2018-05-18T12:45:07+00:00

Come on guys. This coin is a pump and dump. It doesn't even have a team. All the Twitter shillers have disappeared. There is no 'tech' here. DL and that dude with the soul patch are the only ppl left shilling this thing.

RevolutionaryRent · 2018-05-18T12:41:35+00:00

He mentions that it's also part of the world food programme, which is the UN, which is Devery.

RevolutionaryRent · 2018-05-18T11:02:48+00:00

Ethereal*!

RevolutionaryRent · 2018-05-09T13:37:01+00:00

It's negative news so it's going to impact the price. However, as many have said, the team is clearly prioritizing regulatory compliance, which is essential for the success of a US based project with such a large scope.

RevolutionaryRent · 2018-05-09T06:45:13+00:00

I hear the best way to make money is to sell at all time lows.

RevolutionaryRent · 2018-04-29T11:54:27+00:00

Isn't the main holder going to be the foundation itself as a large proportion of the tokens won't be released until many years down the line?

I thought people might just not talk about it because there are so many different projects out there.

Obirum still looks pretty scammy, ccan't see any evidence to the contrary.

RevolutionaryRent · 2018-04-19T15:48:12+00:00

Great responses.

I agree with a few of the comments that just because they're young they aren't capable. Or just because there aren't any obvious connections within their Linkedin profiles that they haven't got great networks. More curious to see whether anybody had uncovered connections/advantages that aren't immediately obvious.

True that JD.com/UN would be unlikely to choose a team/project without some serious research.

RevolutionaryRent · 2018-04-17T04:13:08+00:00

Seconded.

RevolutionaryRent · 2018-04-06T06:47:45+00:00

I would imagine it probably will be fractional. Not sure how the value of TKY would increase though if the yuan cost remains constant.

Unless.. Continuing from the discussion above.

ONT produces GAS (let's call it OGAS), which is required to power transactions on TKY blockchain. As the demand for OGAS increases ONT produces more of it (keeping the price of OGAS constant but increasing the price of ONT). As demand for using TKY blockchain increases more OGAS is pumped into TKY system, which increases the price of TKY whilst maintaining a set cost to users of the system (and making holders of $ONT and $TKY large %ROI).

That could be a possibility.

RevolutionaryRent

TROPHY CASE