Search result of STEP

A Memorandum of Understanding (MOU) is a non-binding agreement document used in the blockchain and cryptocurrency industry that records cooperative intentions between parties rather than legal commitments. As an abbreviation for "Memorandum of Understanding," it provides a formal framework for potential partners to express mutual objectives, typically serving as a preliminary step before formal contracts or specific business collaborations.

A Token Generation Event (TGE) is the process by which a crypto project creates and distributes its native token for the first time, marking the project's transition from the conceptual stage to the operational stage. A TGE is a critical step in launching a project's token economy, encompassing multiple steps, including the initial distribution of tokens to investors, the team, the community, and the public sale.