TGE (Token Generation Event) is the process by which blockchain projects issue new tokens and raise funds from global investors. TGE typically issues utility Tokens, granting holders access to the platform or trading rights, rather than equity in the company. This model provides new avenues for project financing and user participation.
Although TGE and ICO (Initial Coin Offering) are both blockchain financing methods, TGE focuses more on utility tokens, emphasizing product functionality and compliance. ICO, on the other hand, covers a broader range of token types, some of which may be considered securities, posing higher regulatory risks.
TGE provides blockchain projects with an efficient new way of financing and ecosystem building, but investors must pay attention to risks and participate cautiously. Understanding the project white paper, team background, and Token economic design is key to discovering potential projects.
TGE (Token Generation Event) is the process by which blockchain projects issue new tokens and raise funds from global investors. TGE typically issues utility Tokens, granting holders access to the platform or trading rights, rather than equity in the company. This model provides new avenues for project financing and user participation.
Although TGE and ICO (Initial Coin Offering) are both blockchain financing methods, TGE focuses more on utility tokens, emphasizing product functionality and compliance. ICO, on the other hand, covers a broader range of token types, some of which may be considered securities, posing higher regulatory risks.
TGE provides blockchain projects with an efficient new way of financing and ecosystem building, but investors must pay attention to risks and participate cautiously. Understanding the project white paper, team background, and Token economic design is key to discovering potential projects.