TE-FOOD announces masternode collateral
TE-FOOD is a food traceability project on the blockchain. They recently announced there will be Tiered Masternodes with a dual token structure. They recently signed a cooperation agreement with Deloitte.
In a series of tweets, TE-FOOD has announced their tiered masternode collateral and role in the network. Four tiers have been revealed, with prices ranging from $430 to $7,530 at the moment of writing.
The cheapest masternode is called 'IRIDIUM' and starts at 20,000 TFD (~$430). It will provide the ability to rent out the TFD software licenses to any third party. How these licenses are obtained is yet to be revealed.
The 'STEEL' node will provide the ability to connect food companies to multiple blockchain infrastructures. This node is priced at 60,000 TFD (~$1,290).
Owning a 'PLATINUM' node, priced at 120,000 TFD (~$2,580), will help connect food companies to multiple blockchain infrastructures.
Finally, the largest 'TITANIUM' node will provide all services. This node is priced at 350,000 TFD (~$7,530).
The short description on Twitter doesn't make clear whether or not the masternodes are aimed only at food companies, or investors as well. According to their Twitter, more information about the functionality and reward-structure will be announced soon.