Why are cryptocurrency TGE projects popular? Shocking TGEs listed at a glance!

When you gather information about cryptocurrencies, you inevitably come across a special type of cryptocurrency known as TGE projects.

For example,JasmineandCentrality, as well as Proxeus.

ICO tokens have a high potential to rise in price in the future, butthe success rate of ICOs is 50%, so there is also a possibility that their price may plummet and cause anICO bustas well.

Thus, what is attracting attention now are the TGE projects.

In this article, we thoroughly explain TGE projects, and when compared with the numerous token sales conducted in the past, you will notice the merits of TGE.

What are TGE Projects

A TGE project stands for Token Generating Event, and in Japan it is called a TGE project.

This TGE project is not much different from what startup companies conduct as ICOs.

The difference is that a third-party organization conducts an investigation to determinewhether the cryptocurrency project is trustworthy.

For example, individual investors have historically found it difficult to question the credibility of a cryptocurrency project itself.

Where to rely on is not just the white paper or hype, but also must be used to judge the project.

If you seek the opinion of professional investors, the first thing to do is to find a trustworthy ICO rating site.

ICO projects conducted overseas, by their nature, were hard to grasp in reality and carried very high risk.

Moreover, when the ICO project’s white paper is in English, it is difficult to understand what the project is about.

There are many ICO projects whose contents and the flow of raised funds remained opaque and even failed to get listed.

On the other hand, issues of the project operators of cryptocurrency projects have also been pointed out.

Because for an ICO to be launched, a wide range of issues such as legal matters and marketing strategies require personnel who can solve them.

Therefore, from the perspective of cryptocurrency project operators, having a proper window to obtain appropriate advice would allow them to focus more on development.

Organizations like CTIA, which conducts blockchain-related consulting, address such complex ICO-related problems.

CTIA conducts its own investigations, and ICOs it handles areTGE projects.

Relationship between CTIA and TGE

As mentioned above, ICOs investigated by CTIA are called TGE projects.

CTIA conducts TGEs using its own criteria for thorough screening.

Since it applies KYC（※1） and AML（※2） screening to general users who participate in TGEs, CTIA-investigated ICO projects are involved in the project in a comprehensive manner.

Additionally, CTIA is a relatively new organization that has not yet established a solid position as a cryptocurrency or blockchain consulting firm.

Therefore, unlike a simple third-party ICO rating agency, CTIA has a close involvement with TGE projects.

If a TGE project fails to succeed, CTIA’s credibility would also be called into question.

In other words, the client project operators share the same goals as CTIA.

CTIA’s Problems

However, there are also concerns that CTIA’s activities may simply be promotional propaganda rather than a genuine service for the cryptocurrency and blockchain space.

The process of screening the reliability submitted by clients is actually conducted at a Swiss law firm andBlockhausBlockhaus.

As the platform to participate in TGEs, CTIA has partnered with Blockhaus (Blockhaus), a P2P exchange.

In other words, the gateway to participating in TGEs is Blockhaus, and the gathered information is submitted to CTIA as part of the process.

If the screenings within CTIA are stringent, each project’s credibility rises.

Nevertheless, because CTIA’s own history of handling TGE projects is still short, it is hard to make a firm judgment.

CTIA has a Japanese branch, but its headquarters are in Switzerland, and its CEO is Japanese, Mitsuru Tezuka.

Source:BlockcainMedia

Mitsuru Tezuka seems to be promoting blockchain technology in Japan in response to perceived delays worldwide, and is active in outreach activities.

Therefore, CTIA was established to deliver trustworthy TGEs to people.

Differences between TGE and ICO

The difference between TGE and ICO is that CTIA adopts theBCP framework, which allows evaluation from multiple perspectives, unlike ICOs.

Source:CTIA Official Site

CTIA uses the BCP framework and aims to present clear results to users who wish to participate in projects.

Disclosures of TGE project information offer a major advantage to people who previously participated in ICOs with anxiety.

Before participating in a TGE project,you can obtain risk scores.

Furthermore, there is also the advantage that you can participate in token sales on a single platform—the TGE project platform.

All of this is conducted through theBlockhaus app.

User registration requires passing the aforementioned KYC and AML screenings before you can join the sale.

However, unlike for each project where you would need to whitelist registrations within a deadline, this is not required for TGEs.

The major difference between TGE and ICO is where reliability is concerned, but not all TGE projects are necessarily reliable.

This is a new style of ICO that has only recently begun operations.

Just because it is a TGE project does not guarantee price appreciation, at least not for the long term.

Therefore, it remains necessary to consider long-term prospects as before.

List of Cryptocurrency TGEs

Now, let us look at the cryptocurrencies that are actually involved in TGEs.

Currently .......Continue here ⬇

>>>See the official site of Cryptocurrency Trivia