A TGE is the event at which a project’s token is created and first distributed, often coinciding with public sale and exchange listing. Growth campaigns frequently cluster around TGEs, since that is when projects most need attention and most have tokens available to distribute.
Token Generation Event. It marks the point at which a token exists and reaches holders for the first time, Most such tokens follow a standard such as ERC-20, which is why so much else is scheduled around it: public sale, exchange listing, and the settlement of campaigns that were accruing points beforehand.
Because need and supply peak together. A project most needs attention at launch, and it most has tokens available to distribute at the moment they are created. Campaigns running before a TGE can therefore promise a reward pool that only becomes distributable on the date itself.
The vesting terms and the snapshot date. A reward that vests over a long schedule is worth materially less than the same figure paid at the event, and effort spent after the snapshot earns nothing in that campaign.
No. A TGE is the event at which a token is created and first distributed. An airdrop is one distribution method, which may happen at a TGE or long afterward.
Because several things settle on it at once. A campaign that accrued points beforehand converts them, vesting schedules begin, and the token acquires a market price that determines what an allocation is actually worth. A participant reading only the headline reward figure without the date and the terms attached to it is pricing an incomplete offer.
The term is also used loosely for the wider launch period rather than the single event. When reading campaign terms it is worth checking whether a given date refers to token generation itself, to the exchange listing, or to the start of distribution.
Token Generation Event. It is the event at which a project’s token is created and first distributed, often coinciding with public sale and exchange listing. Much of a project’s launch schedule is arranged around the date. Campaigns that accrued points beforehand commonly settle on the same date.
Not quite. A TGE describes the creation and first distribution of a token. An ICO describes a specific fundraising method involving a public sale. A TGE often coincides with a public sale, but the terms describe different aspects of a launch.
Because that is when tokens first exist and are available to distribute, and when a project most needs attention. Campaigns that accrue points beforehand commonly settle at the TGE, converting those points into a token allocation. The conversion rate depends on the reward pool divided by total points earned across the campaign.
They typically convert to rewards at a snapshot, with each point’s value determined by the reward pool divided by total points earned. Whether the resulting allocation is paid immediately or released on a vesting schedule depends on the campaign’s published terms.