Token Generation Event
Simply put, a Token Generation Event refers to the time a dapp developer releases these individual token into the market publicly.
A Token Generation Event is a business-centred and technical act that is altogether limited in duration. The token’s generation and apparent launch into the cryptocurrency market take the form of a public sale, a private sale or an initial coin offering (ICO).
Token Generation Events are usually made into venues to get publicity, traction, and ultimately, engagement in the crypto and blockchain communities with fundraising being the clear and ever-present goal.