What Does TGE Mean?

A Token Generation Event (TGE) is a pivotal moment in a blockchain project's lifecycle where new tokens are created and distributed to investors. This event signifies the official launch of the project's tokens, which are issued according to the terms outlined in the investment deal. The TGE often follows a structured timeline, ensuring all prerequisites and conditions of the investment agreement are met. During this event, investor contributions are converted into the project's tokens and allocated to their wallets, marking the commencement of their participation in the project's ecosystem.

Related Questions

How Does TGE Work?

During a TGE, the project team generates and issues tokens to investors based on the terms of the investment deal. This often follows a predefined schedule and specific conditions.

When Does TGE Occur in the Investment Process?

TGE usually occurs after the fundraising phase is complete and all conditions of the investment agreement have been met. It marks the official release of the project's tokens.

What Happens to My Investment During TGE?

Your investment is converted into the project's tokens, which are then distributed to your wallet address provided during the investment process.

How Are Tokens Distributed After TGE?

Tokens are deposited in a vesting smart contract deployed by the project, ensuring secure and transparent distribution. Alternatively, projects might deploy their own smart contracts or airdrop tokens directly to your wallet.

Are Tokens Immediately Available After TGE?

Tokens might be subject to a vesting schedule, meaning they are released gradually over a period of time. This ensures long-term commitment and stability for the project.