Hong Kong, May 9, 2025, | via Chainwire
In a bold move that signals the next evolution in blockchain-powered consumer experiences, T-Rex, a purpose-built blockchain for entertainment, content, and online cultural virality, today announced it has raised $17 million in funding. The capital injection, accompanied by the creation of a dedicated Incubation Fund, aims to radically transform how online users are rewarded for everyday actions, while addressing persistent engagement issues within Web3 ecosystems.
Slated to launch in Summer 2025, T-Rex’s innovative built-in distribution engine introduces a refreshingly simple, yet powerful concept: seamlessly rewarding people for the activities they already love doing online — whether that’s scrolling through YouTube, engaging with content on TikTok, or reacting to memes on X (formerly Twitter).
Powerful Backing from Top-Tier Web3 Investors:
T-Rex’s vision has drawn enthusiastic support from a roster of influential investors, including Portal Ventures, North Island Ventures, Framework Ventures, Arbitrum Gaming Ventures, ArkStream Capital, Mindfulness Capital, Hypersphere, SNZ, and Arche Fund. The blockchain protocol is being developed by EVG, a premier Web3 product builder and publisher in Asia, renowned for its track record in driving mass adoption initiatives.
Speaking about the partnership, Dan Peng, Partner at Arbitrum Gaming Ventures, remarked:
“We recognize the transformative potential of platforms like T-Rex that expand Web3 beyond DeFi into real consumer culture. EVG’s strong regional influence and deep understanding of Southeast Asia — a market projected to reach $7 billion by 2028 — offers a gateway to scale our footprint within this rapidly growing ecosystem. By combining our robust scaling capabilities with EVG’s ecosystem expertise, we’re strategically positioned to capture both the entertainment and broader consumer markets in one of the world’s most pivotal regions.”
A Culture-First Blockchain for a New Digital Economy:
While Web3 promises revolutionary change, today’s landscape often remains fragmented, difficult to navigate, and sparsely populated. Most blockchains lack real users, sticky culture, and authentic reasons for people to stay. T-Rex seeks to turn this tide with a compellingly simple philosophy: stop trying to reinvent user habits — enhance them invisibly and reward them meaningfully.
At the heart of this model is T-Rex’s Proof-of-Engagement (PoE) mechanism, an elegantly designed, privacy-preserving browser extension that turns regular online activities — watching videos, liking posts, or sharing memes — into tangible digital ownership, rewards, and offline perks.
Allen Ng, Co-Founder of both T-Rex and EVG, explained:
“Instead of building yet another blockchain infrastructure, we’re delivering the water itself: great content, thriving communities, and real-world rewards. Users shouldn’t have to think about crypto until they’re ready. With T-Rex, the blockchain works invisibly in the background, allowing people to effortlessly convert their online attention into meaningful, tradable value. Our broader vision is to turn attention into equity, community into power, and participation into currency.”
Web3 That Feels Like TikTok, not a Crypto Wallet:
T-Rex’s approach is refreshingly consumer-first. At launch, users will simply install the browser extension and continue browsing familiar social platforms like YouTube, TikTok, and X. Every interaction — be it liking, sharing, commenting, or viewing — is securely recorded using advanced zero-knowledge technology (zkTLS) and seamlessly converted into digital rewards, without the need for wallets, seed phrases, or any crypto-specific jargon.
This radical simplicity makes Web3 interactions feel natural and enjoyable for mainstream users, lowering onboarding barriers and offering creators and developers a built-in audience for instant discovery and viral distribution. Users can redeem their rewards both digitally and in real-world experiences like cashbacks at restaurants or exclusive local event deals.
Evan Fisher, Founder and General Partner at Portal Ventures, emphasized:
“The breakout Web3 applications of this next wave will be defined by how well they handle distribution, UX, and product differentiation. The team at T-Rex completely understands this. They’re building a protocol that merges powerful network-driven reward structures with consumer-grade product design. We’re excited to back them as they pioneer a new phase of social Web3.”
Travis Scher, Managing Partner and Co-founder of North Island Ventures, added:
“Web3 infrastructure has matured considerably, but mainstream consumer adoption still lags. T-Rex stands out as a strong contender to bridge this divide by prioritizing digital culture and abstracting away blockchain’s complexity.”
$8 Million Incubation Fund to Ignite Ecosystem Growth:
Beyond its fundraising success, T-Rex has introduced an $8 million Incubation Fund supported by EVG and Arbitrum Gaming Ventures, aimed at accelerating ecosystem development. This fund promises far more than capital — offering participating developers access to critical engineering resources, strategic media partnerships, community activations, key opinion leader (KOL) networks, premium industry events, and strategic intellectual property (IP) applications.
Joyce Yim, Co-Founder of T-Rex, highlighted:
“We provide real firepower, not just funding. Developers joining our ecosystem get immediate exposure to active, engaged user traffic. Creators grow loyal audiences, and users become not just passive spectators, but meaningful stakeholders in the success of viral content.”
Building the New Web3 Metropolis:
As its Summer 2025 launch nears, T-Rex is positioning itself as the connective tissue between online consumer applications — from gaming and music to interactive media and Web3-native utilities. Its culture-first distribution layer is designed to benefit creators, projects, and everyday users alike.
Whether it’s rewarding loyal fans with exclusive digital collectibles, providing new projects with instant audience discovery, or empowering users to earn a tangible stake in the digital economy, T-Rex promises to reshape how online communities engage, grow, and monetize attention in a Web3-enabled world.
About T-Rex:
T-Rex is a next-generation, culture-first blockchain ecosystem purpose-built for consumer-facing applications. Developed by EVG and powered by Arbitrum’s Layer-2 scaling solution, T-Rex transforms Web3’s attention layer through its proprietary Proof of Engagement (PoE) model. It offers a UX-first infrastructure with built-in distribution, rewards, and creator tools, helping bring the next billion users on-chain by making Web3 intuitive, rewarding, and socially meaningful.
Official Site: https://trex.xyz/
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