After several months of work, we arrived to the masternode onboarding process for the initial launch of the FoodChain.

During the last months we were contacted by several crypto influencers and loyal community members that they would like to start a masternode. We would like to work with all of them, but the road we chose (we don’t pay masternodes with printed tokens without corresponding revenue backing) doesn’t allows that at this moment.

Many know that while the blockchain/crypto industry promised transparency, it is full with shady deals behind the scenes. We think this is a major obstacle in the road towards credibility and adoption.

We organized the application process in a transparent way, publishing the list of applicants, and the selection criterias. After this, if we would decide along subjective motives, we would be no better than those projects with which we absolutely disagree. We have to stand by these principles even if some will feel to be offended by it. Offending anyone was never our intention.

While we keep the right to extend the number of masternodes with selected additional nodes in the future when there is business reason behind it, the selection process will be done according to the Masternode Registrations sheet, and the published selection mechanism.

We have a lot of ideas to improve the adoption rate of TE-FOOD, which can provide opportunity for many more masternodes in the future. We will work on it.

The roadmap of the onboarding process will be the following:

User registration + KYC/AML

If you registered for a masternode, you need to register on the Masternode Management Portal. This step is still about registering with your personal data. You need to fill out the form only once, even if you applied for more masternodes (you will manage them with the same user account). Please note that you need to use the same email address you used for the original masternode registration. User verification

After you successfully submitted the form, you are OK at this step. We will check the data you provided, which will take a couple of days. If the verification is successful, we will also migrate your masternode registration data from the Masternode Registrations sheet. When it’s ready, you will receive an email to move forward. Masternode registration

By logging in and opening your masternode details page, you can check your masternode rank, which shows how many masternode applications are in front of you in the ranking within your selected tier. There might be additional data you still need to provide. Then download the Masternode Service Contract template, sign it, and upload it back. Contract signature

We will verify all data and sign the contract from TE-FOOD’s side. After both signatures are there, the contracting period starts. Contracted period start

When the contracted period starts, most of the masternodes become Sleeping Masternodes. If you have one of them, you don’t need to do anything. You are entitled for the Sleeping Masternode Reputation Discount. Please note that in order to keep your masternode status, you need to keep the TFD token licences untouched in your wallet. Technical onboarding

Once the network needs more nodes, the ones with the highest ranking order will receive an email, that they need to download the masternode software package, and install it on their server. You will be able to download an Installation Guide as well to help in the process. Masternode operation

You start your masternode operation.

Please note that as the masternode Management Portal started, it will replace the previous Masternode Registrations form.