The term “TDE” is often used to describe Ethereum token launches. But coins and tokens are two very different things. Coins really only have one utility to act as simple stores of value with no other functionality. Tokens through their array of functions become something much more. Technically, they are not “offered”, they are “generated” or “distributed”. That's why the most accurate phrase of what’s going on during an Ethereum token launch is to describe it as a “Token Distribution Event”.