A Token Generation Event (TGE) is a business and technical act of limited duration that involves the technical generation of the token in a blockchain-based network, and its launch to the market, normally in the form of a public sale, private sale, or initial coin offering (ICO).
Read moreWhat does vesting mean in crypto?
Vesting period, also called token lockup period, refers to a period of time in which the tokens sold in the pre-sale of ICO stage are prevented from being sold for a specific period of time . In most cases, tokens are transferable immediately upon receipt, but this is not the case with all projects.
Read moreHow do I participate in token generation event?
To participate in a token generation event, first research what cryptocurrencies the blockchain project uses . One of the most common cryptocurrencies TGEs use is Ethereum. You can get Ethereum by buying some from a trusted cryptocurrency exchange or buying with your credit cards.7 Eyl 2021
Read moreWhat is a token launch?
A “Token Launch” is an Ethereum thing . An “ICO” is a bitcoin/altcoin thing. Coins really only have one utility — to act as simple stores of value with limited-to-no other functionality. By “simple” value, I mean value not represented or manifested through a variety of dynamic functions.
Read moreWhat is the meaning of TGE in IDO?
In other words, the investors pay for their tokens in advance but receive them upon the Token Generation Event (TGE), which usually happens very shortly after the IDO itself (typically within a few hours).
Read more