Token Generation Event refers to the release of a token by dapp developers over a certain period of time. It also refers to the time interval in which a token is issued; it is a process of releasing tokens that have been developed on a blockchain network associated with decentralized applications ( dapps ) by a dapp developer.
In other words, the process of releasing a token by dapp developers within a specific time interval is called a Token Generation Event or TGE. TGE plays an important role in companies' growth strategies.
In this process, companies produce tokens for their own blockchain projects and raise capital by offering these tokens to investors. However, tokens are only a small part of the final product, and the TGE process provides a tool for investors to back a company rather than buy a specific product.
TGE is an important step for a company, as it plays an essential role in the fund-raising process and contributes to the company's growth.
That's it for today, I hope you've learned a little more...