New Purpose-Built Blockchain T-Rex Raises $17 Million To Transform Attention Layer in Web 3.0
May 9, 2025 – Hong Kong, China
Launch of summer 2025, the integrated T-Rex distribution engine has a radically simple idea Reward people perfectly for doing what they already like online.
RexA blockchain specially designed for entertainment, content and cultural virality, announced today a funding and incubation collection of $ 17 million to revolutionize the edition of online content by perfectly rewarding consumers for daily interactions on social platforms such as YouTube, Tiktok or X (formerly Twitter) and resolve the way Dapps are discovered.
Supported by strategic investors, notably Portal Ventures, North Island Ventures, Framework Ventures, Arbitrum Gaming Ventures, Arkstream Capital, Mindfulness Capital, Hypersphere, SNz and Arche Fund, and developed by EVG, the manufacturer of prominent products from Asia and the publisher, known to have led the T-Rex, Blockchain.
Dan Peng, partner at Arbitrum Gaming Ventures, said,
“Arbitrum Gaming Ventures recognizes the potential transformer of platforms like T-Rex which extend the web 3.0 beyond Defi.
“The strong regional influence of the EVG and the in-depth understanding of the Southeast Asia market, providing for $ 7 billion by 2028, provide us with a strategic bridge to considerably evolve our footprint in this high growth region.
“By combining our robust scaling capacities with the extended ecosystem expertise of EVG, we are strategically placed to penetrate the entertainment industry and the wider consumer market in a pivot and expanding part of the world.”
T-REX uses the powerful arbitrum layer-two scaling solution, offering ultra-fast, secure and low-cost transactions essential for consumer-scale adoption.
Arbitrum Gaming Ventures has specifically identified T-Rex as the key to its regional growth strategy.
Rex A new type of culture internet blockchain
(UI screenshot A user gains rewards when navigation on YouTube with the extension of the T-Rex browser.)
While Web 3.0 holds the promise of a revolutionary change, the current landscape is fragmented, not very friendly and often empty with underused DAPPs.
Despite all its innovation, most channels lack real users, real culture and real reasons to stay.
T-Rex returns the model with its first simple principle Stop trying to reinvent user habits and improve them invisible.
Its basic mechanism of innovation, POE (proof of engagement), automatically rewards users on the applications they already use daily thanks to a browser extension preserving confidentiality, transforming daily online actions such as watching videos, like publications and sharing memes in tangibles, a precious digital property and offline loss.
Allen NG, co-founder of T-Rex and EVG, said,
“Instead of building another blockchain pipe, we deliver real water Engaging in content, prosperous communities and real world awards. Users should not have to think of Crypto before they wish.
“Our blockchain remains invisible, allowing them to effortlessly transform their pleasure online into significant rewards.
“Our vision is to let attention become equity, the community becomes power and participation becomes currency.”
Radical simplicity Web 3.0 that looks like Tiktok, not a cryptographic wallet
(UI screenshot Discovery of houses pushing the contents and DAPPs relevant to the user.)
At launch, users simply install the extension of the T-Rex browser and continue to travel the popular social media platforms.
Each interaction is discreetly recorded via advanced ZKTL (zero knowledge technology) and transformed into a transparent reward Without wallet or technological jargon required.
Creators and projects benefit from an instant discovery and viral distribution, while end users earn effortless rewards, exchangeable both digitally and offline, such as a money back in favorite restaurants or exclusive local offers.
Evan Fisher, founder and general partner of Portal Ventures, said,
“The next wave of applications in small groups will be defined by distribution, user / UX interface and product differentiation. The T-Rex team obtains this.
“They build a protocol that on social media users transparently and allows them to monetize their data via network rewards.
“We are delighted to support T-Rex because they merge the design of native protocol networks with own expertise in consumer products.”
Travis Scher, director and co-founder partner of North Island Ventures, said,
“The web infrastructure 3.0 has matured, but it still lacks the momentum of consumers because only a few use cases resonate with the masses. T-Rex is a strong competitor to fill this gap.
“By prioritizing culture and abstract complexity, it offers a large adoption way.”
Incubation of the new digital metropolis
The 8 million dollars incubation fund supported by EVG with the support of arbitrum gaming companies will accelerate the growth of ecosystems, providing full support to developers beyond capital, including engineering resources, media partnerships, community activations, premium events, key leader networks) and strategic IP property applications (intellectual property).
Joyce Yim, co-founder of T-Rex, stressed,
“We provide real firepower, not just capital.
“The developers acquire immediate user traffic, creators become effortless audiences and users become not only spectators but stakeholders in the success of viral content.”
Planned for launch in the summer of 2025, the T-Rex distribution layer and the browser extension creates railways connecting popular online consumption applications such as games, music, interactive media and web 3.0.
Creators enriching the main users with digital assets, new projects, winning an instant discovery, to active users who gain a stake, the T-REX ecosystem is designed for intuitive use, cultural resonance and large-scale economic empowerment.
About T-Rex
Rex is a new blockchain ecosystem built by consumer -oriented applications, designed to transform the web 3.0 attention layer through its innovative POE mechanism.
Developed by EVG and supported by leading investors, notably Arbitrum Gaming Ventures, Framework Ventures, North Island Ventures and Portal Ventures, T-Rex offers creators and developers a UX-ST infrastructure with discovery, rewards and integrated distribution, allowing Billion users to get involved, win and build on the channel.
About EVG
Founded in 2018, EVG is one of the most important web manufacturers and publishers of APAC web 3.0.
With more than 200 engineers and more than 10 million users, EVG has built a complex of innovative products through consumption infrastructure (Edgen AI, T-REX), DAPPS of entertainment / Culture (Deek, Last Odyssey, Liveart) and fintech platforms (Aspen Digital).
EVG's turn of venture capital also has strategic challenges on more than 100 web 3.0 companies, notably Celestia, Wormhole, Berachain, Pudgy Penguins, Abstract, Infinex, Dapper Labs, Animoca Brands, The Sandbox, Stacks, Ivitable, Kraken and Dunamu.
Contact
Kelvin Yeo, Director of Public Relations for Everest Ventures Group
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