Are Token Generation Events Becoming the Demise of Blockchains?

The cryptocurrency world is witnessing rapid advancements, and among these, Token Generation Events (TGEs) stand out as a mechanism for raising funds and launching new projects. However, some question whether these events have transformed into the end of blockchains rather than a promising beginning. The core issue lies in the fact that many TGE projects do not focus sufficiently on building sustainable products and providing real value to users. Instead, the emphasis is heavily on raising funds through glittering promises and intensive marketing, and the results are often disappointing. Among the challenges facing TGE projects, we find the difficulty of maintaining momentum after the event ends, in addition to market fluctuations that can negatively affect the value of tokens. Also, the lack of transparency and accountability in some projects increases the risks faced by investors. For TGE projects to succeed, they must focus on building strong communities and providing innovative solutions to real problems. There must also be sufficient regulatory oversight to ensure investor protection and prevent fraudulent practices. Ultimately, the future of TGEs depends on the ability of projects to deliver on their promises and provide tangible value to users.