The Tokyo Games Foundation has confirmed the Token Generation Event (TGE) for its Tokyo Games Token ($TGT), scheduled to take place on May 21, 2025. The launch represents a significant development in Japan's expanding web3 gaming landscape. Supported by major industry players such as Cygames, SBI Holdings, and gumi, the token will serve as a core element in the foundation’s broader ecosystem. The release comes ahead of the official debut of TOKYO BEAST Trials, the foundation’s first flagship game.

TOKYO BEAST to Launch $TGT Token on May 21

About TOKYO BEAST

TOKYO BEAST is set in a futuristic version of Tokyo in the year 2124. The game features a free-to-play model where users collect and train android creatures known as BEASTs. Gameplay is divided into two primary modes. In BASE mode, players train and manage their BEAST NFTs. In TRIALS mode, they compete in player-versus-player (PvP) battles using proxy BEASTs derived from NFT data. The game will be available on PC, iOS, and Android platforms. Notably, it does not require players to own NFTs or connect a crypto wallet to begin playing. The game also features a legally approved betting system where players and spectators can place bets using an in-game currency called JEWELS.

Role of $TGT in the Tokyo Games Ecosystem

The Tokyo Games Token ($TGT) is designed to function as the primary utility token within the Tokyo Games Ecosystem. It will be used for a range of activities including staking, in-game transactions, and reward distribution. The foundation is introducing $TGT staking in conjunction with the token’s launch, allowing participants to earn BEAST NFTs. This mechanism supports broader engagement with the ecosystem and offers early adopters a chance to access token-based benefits.

TOKYO BEAST to Launch $TGT Token on May 21

BEAST NFTs and Game Integration

BEAST NFTs are a central feature of the TOKYO BEAST ecosystem, although they are not directly used in gameplay. Instead, the game interprets each NFT’s metadata—such as traits and skills—and converts it into in-game characters referred to as “proxy BEASTs.” Owners of these NFTs can earn income based on how often and how effectively their proxy BEASTs are used in the game. The revenue model is structured to provide returns through two primary channels: player spending on game content and a tokenomics model that distributes rewards from a dedicated token pool. This approach allows the game to remain accessible to regular users while maintaining value for NFT holders.

Community and Competitive Events

Pre-registration for TOKYO BEAST opened earlier in 2025 and has already drawn over one million users. The Tokyo Games Foundation has also announced a $1 million tournament that will include both gameplay and a spectator betting component. Prior to the main launch, the team held a closed beta tournament in April. This event involved 200 selected players who competed for a total prize pool of $20,000. The winner received $10,000 worth of $TGT, while the remaining amount was distributed through a social media campaign focused on game outcome predictions.

TOKYO BEAST to Launch $TGT Token on May 21

TGT VIP Card and Early Access Incentives

Ahead of the token launch, the Tokyo Games Foundation released a limited series of TGT VIP Cards. Only 500 of these NFT-based membership cards were minted, and they are currently being traded on secondary markets at a notable floor price. These cards offer holders a range of benefits including early access to upcoming games, priority for future NFT and token airdrops, whitelist eligibility for new projects, and exclusive in-game advantages. The VIP Card is one of the few guaranteed ways for users to access $TGT rewards from the start of the ecosystem’s rollout.

TOKYO BEAST to Launch $TGT Token on May 21

Strategic Partnerships and Market Position

The TOKYO BEAST initiative is supported by several prominent organizations in both the gaming and financial sectors. Japan’s gaming market, currently valued at over $27.4 billion, is viewed by the Tokyo Games Foundation as an opportunity for web3 integration. A key part of this effort is the foundation’s partnership with Immutable, a blockchain platform that will manage in-game assets and tournament infrastructure.

The partnership is intended to enhance TOKYO BEAST's scalability and performance, allowing the game to handle large-scale user engagement and complex transactions efficiently. The upcoming $TGT token launch reflects a broader movement toward integrating blockchain features into mainstream gaming, with TOKYO BEAST positioned as one of Japan’s most prominent efforts in the web3 space.