Revolutionary Blockchain Project T-Rex Secures $17 Million Investment to Revolutionize Attention Layer in Web3
Rewritten Article:
May 9th, 2025, Chainwire - Hong Kong, Hong Kong
Get Even More Rewarded for Your Fave Online Activities with T-Rex - Coming Summer 2025!
Dive into the future of online entertainment and make your daily online interactions much more rewarding! T-Rex, the newest player in the blockchain world, is all set to revolutionize the way content is published online, and how audiences are supported and rewarded.
Enter T-Rex, a purpose-built blockchain platform tailored to the world of entertainment, content, and culture. Backed by a whopping $17 million funding, T-Rex aspires to redefine the online content landscape and decentralized applications (dApps) by offering a seamless integration of rewards for everyday users.
From heavyweights in the industry like Portal Ventures, North Island Ventures, Framework Ventures, and Arbitrum Gaming Ventures, the investment speaks volumes about T-Rex's potential. And with substantial contributions from ArkStream Capital, Mindfulness Capital, Hypersphere, SNZ, and Arche Fund, T-Rex is gearing up to be a game changer. Developed by EVG, a prominent Asian product builder and publisher, T-Rex promises mass adoption and is set to take the Southeast Asian market by storm, projected to reach $7 billion by 2028.
Dan Peng, Partner at Arbitrum Gaming Ventures, shares his excitement about the opportunities that T-Rex offers for expansion within the high-growth region: "We see the transformative potential of platforms like T-Rex, that are expanding Web3 beyond Defi. EVG's strong regional influence and deep understanding of the Southeast Asian market provide us with a strategic gateway to significantly scale our footprint within this rapidly growing market."
T-Rex leverages Arbitrum's Layer-2 scaling solution, ensuring ultra-fast, secure, and low-cost transactions - key factors for consumer-level adoption. Arbitrum Gaming Ventures has identified T-Rex as a vital piece in their regional growth strategy.
T-Rex: A Brand New Blockchain for the Internet of Culture
Imagine earning rewards just by browsing YouTube, scrolling through TikTok, or hanging out on X (formerly Twitter)! T-Rex makes this dream a reality. Think of it as the bridge between the Culture-First Internet and the world of cryptocurrency, allowing seamless monetization of everyday online activities.
The current landscape of Web3 is fragmented, often empty, and user-unfriendly. Most existing blockchains lack real users, true culture, and compelling reasons for users to stick around. T-Rex addresses this challenge with an innovative approach: stop trying to reinvent user habits and instead make improvements behind the scenes.
According to Allen Ng, Co-Founder of T-Rex and EVG, "We're not here to build another pipe for crypto. Our goal is to bring actual value to the table – engaging content, thriving communities, tangible rewards, all accessible without users having to think about crypto until they want to." The heart of T-Rex's innovation is its Proof-of-Engagement (PoE) mechanism, which automatically rewards users for their daily online activities via a privacy-preserving browser extension. Average online activities like watching videos, liking posts, and meme-sharing are suddenly transformed into valuable digital ownership and real-life perks.
"People shouldn't have to juggle cryptocurrency at the expense of the fun they have online", says Ng. "Our blockchain stays hidden in the background, allowing users to add meaningful rewards to their online entertainment effortlessly." The vision for T-Rex is simple: turn users' attention into equity, their communities into sources of power, and their participation into currency.
Radical Simplicity: Love Web3 but Hate Crypto Jargon? T-Rex Speaks Your Language
At its launch, users simply install T-Rex's browser extension and continue browsing popular platforms. A secure, automatic tracking system records user engagements using state-of-the-art zero-knowledge transport layer security technology (zkTLS). Thanks to this system, users don't need to worry about crypto wallets or tech lingo to reap rewards from their daily online activities.
Benefits extend to creators and projects, which gain instant audience discovery and viral distribution. And users receive rewards that can be redeemed, both digitally and offline, for perks like cash back at favorite restaurants, local deals, and exclusive experiences—all without having to deal with the complexities of cryptocurrency.
Evan Fisher, Founder and General Partner of Portal Ventures, shares his enthusiasm for T-Rex and its potential to bridge the gap between protocol-native network design and consumer product expertise: "The next wave of breakout applications will be defined by distribution, UI/UX, and product differentiation. The T-Rex team gets this. They're building a protocol that seamlessly onboards social media users and allows them to monetize their data through network rewards. We’re excited to back T-Rex as they merge protocol-native network design with clean consumer product expertise."
According to Travis Scher, Managing Partner and Co-founder of North Island Ventures, "Web3 infrastructure has matured, but it still needs consumer momentum because only a handful of use cases resonate with the masses. T-Rex is a strong contender to bridge this gap. By prioritizing culture, simplification, and user education, it offers a path to broad adoption."
The Incubator for the New Digital City
T-Rex's $8 million Incubation Fund, backed by EVG with Arbitrum Gaming Ventures offering support, will accelerate ecosystem growth beyond capital, providing engineering resources, media partnerships, community activations, premium events, key opinion leader (KOL) networks, and strategic intellectual property (IP) applications.
Joyce Yim, Co-founder of T-Rex, emphasizes the value-added benefits provided by their incubation program: "We aim to offer real firepower, not just capital. Developers gain immediate user traffic, creators grow their loyal audience effortlessly, and users become more than mere spectators, becoming stakeholders in the success of viral content."
Set to debut in Summer 2025, T-Rex's distribution layer and browser extension will create a network of interconnected popular online applications, such as gaming, music, interactive media, and Web3. Look forward to creators rewarding top users, new projects gaining instant discovery, diverse user rewards, and user empowerment at scale.
About T-Rex
T-Rex is a new blockchain ecosystem designed to transform the Web3 attention layer through its unique Proof-of-Engagement (PoE) mechanism. Developed by EVG and supported by leading investors like Arbitrum Gaming Ventures, Framework Ventures, and Portal Ventures, T-Rex offers creators and developers a consumer-first infrastructure with built-in discovery, rewards, and distribution, furthering the adoption of Web3 infrastructure.
Website: T-Rex Official Website
Twitter: T-Rex Twitter
About EVG
Founded in 2018, EVG is one of APAC's largest and most active Web3 product builders and publishers. With a team of over 200 engineers and ten million users, EVG has created a diverse portfolio of innovative products across various Web3 sectors, including consumer infrastructures, entertainment/culture dApps, and fintech platforms.
Website: EVG Official Website
Twitter: EVG Twitter
ContactKelvin YeoEverest Ventures [email protected]
Note: This article is for general information purposes only and does not constitute investment advice. Always do your own research before making any investment decisions. Cryptocurrencies are highly volatile and risky assets, and you should never invest more than you can afford to lose.
Enrichment Data:
T-Rex is a new purpose-built blockchain platform, aiming to revolutionize the content publishing industry and the social media engagement landscape in the Web3 sector. It focuses on enhancing everyday online activities such as video watching, post liking, and meme-sharing by automatically rewarding users via a privacy-preserving browser extension, all while ensuring a seamless and invisible experience. Developed by EVG, T-Rex secured $17 million in funding from prominent investors like Arbitrum Gaming Ventures, Framework Ventures, and Portal Ventures. It will launch its distribution layer and browser extension in Summer 2025 to bring radical simplicity to the Web3 space, making it feel more like TikTok than a traditional cryptocurrency wallet.
- The new blockchain platform, T-Rex, aims to revolutionize the content publishing industry, employing a seamless integration of rewards for everyday users in online activities.
- T-Rex has secured a funding of $17 million from heavyweights in the industry, indicating its potential to redefine online content landscape and decentralized applications (dApps).
- T-Rex promises mass adoption, backed by a strategic investment from Arbitrum Gaming Ventures and further supported by ArkStream Capital, Mindfulness Capital, Hypersphere, SNZ, and Arche Fund.
- Dan Peng, Partner at Arbitrum Gaming Ventures, sees T-Rex as a transformative platform for expansion within the high-growth region, bridging the gap between Web3 and the Southeast Asian market.
- T-Rex leverages Arbitrum's Layer-2 scaling solution, ensuring ultra-fast, secure, and low-cost transactions for consumer-level adoption.
- T-Rex's Proof-of-Engagement (PoE) mechanism automatically rewards users for their daily online activities, transforming mundane activities into valuable digital ownership and real-life perks.
- Allen Ng, Co-Founder of T-Rex and EVG, emphasizes that T-Rex does not aim to build another pipe for crypto but to bring actual value, offering engaging content, thriving communities, tangible rewards, and an easy-to-use system for users.
- T-Rex's $8 million Incubation Fund, backed by EVG with Arbitrum Gaming Ventures offering support, will accelerate ecosystem growth, providing resources, media partnerships, community activations, premium events, key opinion leader (KOL) networks, and strategic intellectual property (IP) applications.
