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
Proof-of-Developer (PoD)
A concept of identifying the developers of a project as a means of vouching reputation for a project
Moon
"Moon" or "To the moon" is a crypto slang that describes an exclamation when the cryptocurrencies prices are rising and when it hit the peak, the coin is said to be "mooning".
Explain Like I'm Five (ELI5)
To explain in such simple terms that even a five-year-old would be able to understand it.
Node
Within the blockchain network, the nodes are computers that connect to the network and have an updated copy of the blockchain
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