TGE in Crypto: What Token Generation Event is All About
A TGE is a fundraising method for blockchain projects, selling native tokens to investors, representing ownership or utility within the ecosystem.
TGEs raise capital by issuing tokens tied to products or services, offering a democratic way for startups to secure global financial backing.
Projects create native tokens using blockchain platforms like Ethereum. These tokens follow standards like ERC-20 for compatibility.
A comprehensive whitepaper outlines the project’s vision, use cases, and technical details, helping investors assess the TGE’s potential.
TGEs come in various forms: ICOs, STOs, IEOs, and IDOs, each with unique characteristics for raising funds and engaging investors.
Utility tokens provide access to products within a project, while security tokens represent ownership or financial rights and are regulated.
TGEs focus on issuing utility tokens tied to services, avoiding securities regulations, unlike ICOs, which may involve security tokens.
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