Token Generation Event (TGE)

Token Generation Event (TGE) is the process through which a newly established blockchain project and its founding team introduce the project’s native token or coin to the market. TGEs can be executed in multiple ways, such as Initial Coin Offerings (ICOs), private sales, public sales, or a combination of approaches. The main objective of a TGE is to garner interest and financial support from prospective investors to facilitate the project’s development.