Tokyo Games Token (TGT): Japan’s first AAA web3 gaming ecosystem
Japan’s significant share of the global gaming market ranks third largest worldwide and generated $26 billion in revenue in 2024 alone. Now, as the gaming industry’s focus continues to shift toward Web3 gaming, it’s not surprising that Japan has jumped on the bandwagon by launching the country’s first blockchain-based AAA gaming platform, Tokyo Games.
With a vision to enrich the current Web3 gaming scene, Tokyo Games will debut into this niche with its much-anticipated AAA game, TOKYO BEAST.
The Tokyo Games Token (TGT), which will facilitate the platform’s growth and functionality, is at the heart of its operations.
Let’s learn more about it.
Key Takeaways:
Tokyo Games Token (TGT) is the utility token for the Tokyo Games ecosystem, a platform that seeks to revolutionize web3 gaming in Japan and beyond.
It will be used as the currency in games built on the Tokyo Games platform, for staking to earn rewards and for governance and betting functions.
You can buy TGT on Bybit’s Spot trading platform (TGT/USDT).
What is Tokyo Games Token (TGT)?
The Tokyo Games Token is the token that will be used to drive the operation of all games exclusively built on the Tokyo Games platform. The gaming platform is built by Play3 Ltd and is backed by top mobile gaming developers in Japan, such as Cygames and gumi Inc.
The token, which has been dubbed “the first AAA token in Japan,” launched on May 21, 2025, and was issued on the Immutable zkEVM chain.
TGT tokenomics
TGT has a maximum total supply of one billion tokens distributed across various stakeholders on the platform. TGT unlocks have varying vesting schedules designed to promote the project’s health and sustainability.
Notably, the team and the foundation have locked their tokens for one year after the token generation event (TGE) as a show of commitment to making the project successful.
TGT tokens are allocated as follows:
Team and development — 15.00% (0% unlocked at TGE with a 12-month lock period, followed by linear vesting up to the 48th month)
Advisors — 0.23% (10% unlocked at TGE with linear vesting for 12 months)
Foundational stakeholders — 2.15% (10% unlocked at TGE, with a six-month cliff period and linear vesting thereafter for 24 months)
Ecosystem growth pool — 40% (has a decreasing annual unlock schedule)
Airdrops and marketing — 11.27% (40% distributed at TGE, followed by linear vesting for 48 months)
Foundation fund — 21.35% (0% unlocked at TGE, with linear vesting for 48 months)
Source: Tokyo Games
TGT utilities
As the native utility token for the Tokyo Games ecosystem, TGT will have the following three uses:
In-game currency for blockchain games built on Tokyo Games
Staking to purchase on-chain items and earn rewards in the form of TGT tokens and non-fungible tokens (NFTs)
As a governance token for voting and betting functions
What is TOKYO BEAST?
TOKYO BEAST is the first web3 game developed by Tokyo Games. Developed through a collaboration with Web3 gaming giant Immutable, TOKYO BEAST, a play-to-earn (P2E) game, has a team of over 80 full-time developers and AAA production to produce impressive gameplay.
Its strategic collaboration with Immutable opens up access to the blockchain’s infrastructure, including the Immutable Passport (non-custodial wallet) and the Immutable Global Orderbook for liquidity.
The game’s futuristic storyline takes place in Tokyo, Japan, and comprises three elements: humans, replicants (sentient androids) and BEASTs.
Designed for Web 2.0 and web3 users, TOKYO BEAST is divided into two systems: BASE and TRIALS.
BASE is for web3 players who leverage BEAST NFTs for a blockchain-based gaming experience. When on the BASE part of the game, you can stake TGT tokens to mint BEAST RAWDISK NFTs. Once minted, you can stake these NFTs to earn rewards. You can create stronger BEAST NFTs in two ways via the LAB feature: breed BEAST NFTs to create a new child BEAST or adjust BEAST parameters according to the battle environment.
The TRIALS side of the TOKYO BEAST is designed for Web 2.0 players who can win PROXY BEAST, a copy of the BEAST NFT, from gacha and use it to participate in battles for a chance to win TGT tokens and BEAST RAWDISK NFTs.
TOKYO BEAST also lets players participate in prediction games to win TGT tokens. On the BASE system, you can join in prediction games using LUCKY CHIPS, where correct predictions help you earn TGT. LUCKY CHIPS are earned by buying and locking LUCKY TICKET NFTs for as short as a week to two years. The longer the lockup period, the more LUCKY CHIPS the player receives. Meanwhile, players on the TRIALS system can participate in prediction games using TRIALS CHIP, which is obtained by completing daily missions.
Where to buy Tokyo Games Token (TGT)
You can buy TGT on Bybit’s spot trading platform. To celebrate the listing, Bybit is holding two Token Splash events exclusive to the following selected regions in Asia: Japan, Korea, Macau, Taiwan, Brunei, Cambodia, Indonesia, Laos and Vietnam.
A prize pool of nine million TGT tokens is up for grabs for those who participate in the following two events:
Event 1 — New user exclusive: This event is exclusive to new users who sign up on Bybit and complete identity verification. Accumulate a deposit volume of at least 1,200 TGT or deposit 100 USDT and trade 100 USDT worth of TGT in your first trade on the platform. Doing so will enable you to share in the six million TGT set aside for this event, which will run from May 20, 2025, 10 AM UTC to Jun 3, 2025, 9 AM UTC.
Event 2 — Trade to earn: Trade at least 500 USDT worth of TGT on Bybit’s spot trading platform to share in the three million TGT reward pool. The event will run from May 21, 2025, 10 AM UTC to Jun 3, 2025, 9 AM UTC.
Closing thoughts
Tokyo Games Token is pioneering a new era in Japan’s gaming industry by launching the country’s first AAA web3 gaming ecosystem. At the center of this ecosystem is TOKYO BEAST, a P2E game that blends immersive gameplay with blockchain-powered ownership and rewards.
Japan continues to lead in gaming innovation, and TGT brings together the nation’s gaming legacy with decentralized technology’s future. With TOKYO BEAST setting the stage for what's possible in Web3 entertainment, TGT could play a major role in redefining how gamers play, earn and connect digitally.
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