What is Token Generation Event?

A Token Generation Event (TGE) is when a project's tokens are officially created on the blockchain and distributed to investors, team, and other stakeholders. It's the birth of the token.What happens at TGE:Smart contract deployment: Token contract goes liveInitial distribution: Tokens sent to presale participants, team wallets, etc.Vesting begins: Lock periods and vesting schedules activateTrading starts: Usually coincides with exchange listingTGE vs listing: TGE is when tokens are created. Listing is when they become tradeable on exchanges. Sometimes these happen simultaneously, sometimes TGE precedes listing by days/weeks.Key dates: TGE date determines when your vesting schedule starts and when you can claim tokens.What investors should prepare for at TGE: Before TGE, ensure your wallet is compatible with the token's blockchain, have enough native currency for gas fees, and verify the official claim portal address to avoid phishing. At TGE, tokens typically list on exchanges and experience high volatility as early investors decide whether to hold or sell. Many projects release only a fraction of tokens at TGE, commonly 10-25%, with the remainder unlocking over months through vesting. This initial unlock often creates selling pressure that can push the price below presale levels temporarily. Understanding the distribution timeline helps you set realistic expectations and avoid panic selling during normal post-launch price discovery.