Token Generation Event (TGE) Definition - Glossary

Token Generation Event (TGE) is the initial creation and distribution of tokens for a blockchain project.

Token Generation Event (TGE) is the process where a blockchain project creates and distributes its tokens to early investors or users. It marks the launch of a project’s native tokens, which can be used within its ecosystem or traded on exchanges. This event is crucial for fundraising and building an initial user base. TGEs often coincide with Initial Coin Offerings (ICOs), where tokens are sold to raise capital. The success of a TGE can significantly impact the project's future development and market presence.