Japan’s Tokyo Games Token Set for Binance Alpha Debut and Major Exchange Listings
On May 21, 2025, the Tokyo Games Token (TGT), a digital currency created by the Tokyo Games Foundation, is scheduled to be publicly introduced for trading on Binance Alpha. This significant event signifies that TGT will initially become available for trade on a major exchange platform.
On May 20th, Binance made public that they would be featuring TGT on their innovative section known as Binance Alpha, a part of the exchange dedicated to showcasing upcoming and trending cryptocurrency projects. This marks the first time TGT will be listed, with the launch happening simultaneously with the project’s Token Generation Event (TGE) set for the same day.
As a Binance user, I’m excited to share that I might be eligible for a TGT airdrop! This distribution is contingent upon the Alpha Points I’ve accumulated through my participation in Binance Alpha campaigns and activities.
Keep in mind that simply appearing on Binance Alpha doesn’t guarantee a full-fledged Binance listing. However, projects with strong community backing, ample liquidity, and robust overall development frequently gain enough traction to be considered for advancement to the primary exchange.
Additionally, TGT has managed to secure listing spots on renowned cryptocurrency exchanges such as Bybit, KuCoin, and MEXC. The listings were simultaneously made available at exactly 10:00 AM UTC.
What is Tokyo Games Token (TGT)?
The Tokyo Games Foundation’s native token, TGT, is being developed within an ecosystem centered around Web3 technology, aimed at fostering a gaming industry. This foundation enjoys backing from influential players in the industry such as Cygames, a leading Japanese game developer, SBI Holdings, and gumi, a prominent mobile gaming company with significant investments in cryptocurrency and blockchain technologies.
The Tokyo Games Foundation’s blockchain games are planned to primarily utilize the TGT as their common currency.
The first game in the TGT ecosystem is TOKYO BEAST, a futuristic AAA title set in Tokyo, 2124.
In this game, sophisticated AI controlled robots known as “BEAST” androids engage in intense competitions with significant rewards at stake. Players have the opportunity to wager tokens and make secure, blockchain-verified bets on match results using an internal currency called “JEWELS.
In the game, TGT will play various roles. You can use it to buy items, collect rewards, stake for BEAST NFTs, take part in decision-making processes (governance), and obtain in-game currencies like JEWELS and GEMS, which grant access to betting options, lotteries, and additional features.
Based on its token structure, TGT is set to produce a maximum of one billion tokens. However, the exact amount initially in circulation has not been clearly defined yet.
Approximately 11.27% of the total TGT tokens are earmarked for airdrops and marketing efforts, primarily to foster a sense of community and increase visibility. On the other hand, roughly 40% of the tokens will be stored for ecosystem growth, mainly to incentivize holders of BEAST NFTs from the TOKYO BEAST game, as well as future titles.
Allocations also encompass:
* 21.35% for the foundation, which will aid in broader gaming endeavors.
* 15% for the development team, with long-term incentives included.
* 10% to assist with liquidity and listings.
The remaining portion is divided among early supporters and advisors.
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2025-05-20 15:09