Token Generation Event (TGE)
By CoinGecko | Updated on Mar 03, 2020
Initially, the term "ICO", which refers to "initial coin offering", was used to refer the initial release of cryptocurrency tokens to the public as a fund raising mechanism. However, due to regulatory concerns of ICO being modeled after IPO (Initial Public Offering) and its implication as an investment vehicle, some projects begun coining different naming convention. Token Generation Event (TGE) is one such convention.
Related Terms
Double Spending
Double spending refers to the act of spending digital currencies twice. This is most commonly applied on crypto exchanges by unscrupulous actors.
Scrypt
one of the hashing algoritm used in proof-of-work protocol, scrypt requires more memory in order to performing mining functions
Bullish
A term used to indicate positive sentiment towards the market or an asset, where investors believe that there will be upward price movement.
Proof of Stake (PoS)
A consensus algorthm that assigns block validation queue based on the coins/token locked in by the validator.
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